Electricity procurement tenders down 12% in Q4 2019

22 January 2020 (Last Updated January 22nd, 2020 06:25)

Electricity procurement tenders down 12% in Q4 2019

Electricity procurement tenders in Q4 2019 saw 60 tenders announced, marking a drop of 12% over the last four-quarter average of 68, according to GlobalData’s power industry tenders database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Electricity Supply: 27 tenders and a 45% share
  2. Power Purchase Agreement: 24 tenders and a 40% share
  3. Project Implementation: nine tenders and a 15% share.

Asia-Pacific leads electricity procurement activity in Q4 2019

Comparing tenders activity in electricity procurement segment in different regions of the globe, Asia-Pacific held the top position with 23 tenders and a share of 38.3% during Q4 2019, followed by Europe with 22 tenders and a 36.7% share and North America with 13 tenders and a 21.7% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar is leading technology for electricity procurement tenders in Q4 2019

Among the technologies, solar accounted for 30 tenders with a 42.3% share, followed by wind with 15 tenders and a 21.1% share and biopower with 12 tenders and a 16.9% share.

Electricity procurement tenders in Q4 2019: Top companies by capacity

The top issuers of electricity procurement tenders for the quarter in terms of power capacity involved were:

  1. Northern Indiana Public Service (United States): 2,600MW from two tenders
  2. Bundesnetzagentur (Germany): 1,000MW from two tenders
  3. Maharashtra State Electricity Distribution (India): 550MW capacity from two 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.