Asia-Pacific Solar technology tenders activity rises 25% in Q3 2020

26 October 2020 (Last Updated October 26th, 2020 03:48)

Asia-Pacific Solar technology tenders activity rises 25% in Q3 2020

Asia-Pacific solar technology tenders in Q3 2020 saw 263 tenders announced, marking a rise of 25% over the last four-quarter average of 211, 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 219 tenders and an 83.3% share
  2. Supply & Erection: 16 tenders and a 6.1% share
  3. Repair, Maintenance, Upgrade & Others: 13 tenders and a 4.9% share
  4. Consulting & Similar Services: 11 tenders and a 4.2% share
  5. Power Purchase Agreement: three tenders and a 1.1% 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 Q3 2020 with 211 tenders and an 80.2% share, followed by Pakistan with 15 tenders and a 5.7% share and Australia with 13 tenders and a 4.9% share.

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Asia-Pacific solar technology tenders in Q3 2020: Top issuers by capacity

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

  1. NSW Coalition State Government: 8,000MW from one tender
  2. Solar Energy Corporation of India (India): 1,190MW from four tenders
  3. NTPC (India): 1,121.23MW capacity from four 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.