Energy storage tenders up 14% in December 2019

17 January 2020 (Last Updated January 17th, 2020 09:20)

Energy storage tenders up 14% in December 2019

Energy storage tenders in December 2019 saw 25 tenders announced, marking a rise of 14% over the last 12-month average of 22, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 16 tenders and a 64% share
  2. Project Implementation: six tenders and a 24% share
  3. Consulting & Similar Services: two tenders and an 8% share
  4. Power Purchase Agreement: one tender and a 4% share.

North America leads energy storage activity in December 2019

Comparing tenders activity in energy storage segment in different regions of the globe, North America held the top position with 15 tenders and a share of 60% during December 2019, followed by Asia-Pacific with four tenders and a 16% share and Europe with two tenders and an 8% share.

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Solar is leading technology for energy storage tenders in December 2019

Among the technologies, solar accounted for eight tenders with a 100% share.

Energy storage tenders in December 2019: Top companies by capacity

The top issuers of energy storage tenders for the month in terms of power capacity involved were:

  1. National Water and Electricity (Gambia): 20MW from one tender
  2. Maui Electric (United States): 9.5MW from one tender
  3. Town of Mahone Bay: 6.5MW 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.