Asia-Pacific Solar technology tenders activity drops 23% in Q2 2019

27 August 2019 (Last Updated August 27th, 2019 06:41)

Asia-Pacific Solar technology tenders activity drops 23% in Q2 2019

Asia-Pacific solar technology tenders in Q2 2019 saw 233 tenders announced, marking a drop of 23% over the last four-quarter average of 302, according to GlobalData's power industry tenders database.

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The proportion of solar technology tenders by category tracked by GlobalData in the quarter was as follows:

  1. Project Implementation with 171 tenders and a 73.4% share
  2. Supply & Erection: 29 tenders and a 12.4% share
  3. Repair, Maintenance, Upgrade & Others: 17 tenders and a 7.3% share
  4. Consulting & Similar Services: 11 tenders and a 4.7% share
  5. Power Purchase Agreement: four tenders and a 1.7% share
  6. Electricity Supply: one tender and a 0.4% share.

India tops Asia-Pacific solar power tenders activity

India was the top country in the Asia-Pacific region for solar technology tenders recorded in Q2 2019 with 137 tenders and a 58.8% share, followed by Australia with 32 tenders and a 13.7% share and the Philippines with 27 tenders and an 11.6% share.

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Asia-Pacific solar technology tenders in Q2 2019: Top companies by capacity

The top issuers of tenders for the quarter in terms of power capacity involved in Asia-Pacific were:

  1. Solar Energy Corporation of India (India): 9,006MW from seven tenders
  2. NTPC (India): 2,187.03MW from six tenders
  3. Maharashtra State Electricity Distribution (India): 1,000MW capacity from one tender.

All publicly-announced tenders are included in this analysis drawn from GlobalData's Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported tenders are available for subscribers to GlobalData's Power database.