Asia-Pacific Solar technology tenders activity drops 16% in Q3 2019

16 October 2019 (Last Updated October 16th, 2019 07:41)

Asia-Pacific Solar technology tenders activity drops 16% in Q3 2019

Asia-Pacific solar technology tenders in Q3 2019 saw 243 tenders announced, marking a drop of 16% over the last four-quarter average of 290, 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 211 tenders and an 86.8% share
  2. Supply & Erection: 14 tenders and a 5.8% share
  3. Repair, Maintenance, Upgrade & Others: nine tenders and a 3.7% share
  4. Power Purchase Agreement: five tenders and a 2.1% share
  5. Consulting & Similar Services: four tenders and a 1.6% 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 Q3 2019 with 174 tenders and a 71.6% share, followed by Australia with 25 tenders and a 10.3% share and the Philippines with 23 tenders and a 9.5% share.

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Asia-Pacific solar technology tenders in Q3 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): 3,072.52MW from five tenders
  2. NHPC (India): 2,000MW from one tender
  3. Maharashtra State Electricity Distribution (India): 1,880MW capacity from 30 tenders.

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.