Energy storage tenders down 9% in January 2020

17 February 2020 (Last Updated February 17th, 2020 06:50)

Energy storage tenders down 9% in January 2020

Energy storage tenders in January 2020 saw 20 tenders announced, marking a drop of 9% 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: 13 tenders and a 65% share
  2. Project Implementation: six tenders and a 30% share
  3. Consulting & Similar Services: one tender and a 5% share.

North America leads energy storage activity in January 2020

Comparing tenders activity in energy storage segment in different regions of the globe, North America held the top position with 14 tenders and a share of 70% during January 2020, followed by Asia-Pacific with three tenders and a 15% share and Middle East and Africa with two tenders and a 10% share.

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Solar is leading technology for energy storage tenders in January 2020

Among the technologies, solar accounted for seven tenders with an 87.5% share, followed by hydro with one tender and a 12.5% share.

Energy storage tenders in January 2020: Top companies by capacity

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

  1. Israel’s Ministry of Energy: 300MW from one tender
  2. Appalachian Power (United States): 200MW from one tender
  3. Madhya Pradesh Urja Vikas Nigam (India): 25MW 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.