Europe power plant tenders activity up 16% in Q1 2020

There were 37 power plant tenders announced in the Europe region in Q1 2020, marking a rise of 16% over the last 12-month average of 32, according to GlobalData’s power industry tenders database.

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. Project Implementation: 28 tenders and a 75.7% share
2. Repair, Maintenance, Upgrade & Others: five tenders and a 13.5% share
3. Consulting & Similar Services: four tenders and a 10.8% share.

Solar is top technology for Europe power plant tenders in Q1 2020

Looking at power plant tenders by the type of technology in the Europe region, solar accounted for 13 tenders with a 34.2% share, followed by hydro with nine tenders and a 23.7% share and thermal with six tenders and a 15.8% share.

Europe power plant tenders in Q1 2020: Top companies by capacity

The top issuers of power plant tenders for the quarter in terms of power capacity involved in Europe were:

1. Government of the Republic of North Macedonia: 333MW from one tender
2. Elektroprivreda Republike Srpske (Bosnia and Herzegovina): 148MW from two tenders
3. Ministry of Infrastructure and Energy (Albania): 140MW 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.