Europe generation equipment tenders activity down 38% in Q1 2020

15 May 2020 (Last Updated May 15th, 2020 14:49)
Europe generation equipment tenders activity down 38% in Q1 2020

There were 30 generation equipment tenders announced in the Europe region in Q1 2020, marking a drop of 38% over the last 12-month average of 48, 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.

T&D Project stood at first place when compared with other power tender categories in the Europe region in Q1 2020 with 62 tenders and a 32.5% share, followed by T&D Equipment with 37 tenders and a 19.4% share and Power Plant with 37 tenders and a 19.4% share during the quarter.

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

  1. Repair, Maintenance, Upgrade & Others: 19 tenders and a 63.3% share
  2. Supply & Erection: 11 tenders and a 36.7% share.

Thermal is top technology for Europe generation equipment tenders in Q1 2020

Looking at generation equipment tenders by the type of technology in the Europe region, thermal accounted for 25 tenders with an 86.2% share, followed by hydro with two tenders and a 6.9% share and solar with one tender and a 3.4% share.

  • Embed this chart

    Embed this chart into your website

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

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.