Europe T&D project tenders activity up 22% in Q3 2020

6 November 2020 (Last Updated November 6th, 2020 03:06)

Europe T&D project tenders activity up 22% in Q3 2020

There were 83 T&D project tenders announced in the Europe region in Q3 2020, marking a rise of 22% over the last 12-month average of 68, according to GlobalData’s power industry tenders database.

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T&D Project stood at first place when compared with other power tender categories in the Europe region in Q3 2020 with 83 tenders and a 24.7% share, followed by T&D Equipment with 81 tenders and a 24.1% share and Power Plant with 81 tenders and a 24.1% share during the quarter.

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

  1. Project Implementation: 61 tenders and a 73.5% share
  2. Consulting & Similar Services: 12 tenders and a 14.5% share
  3. Repair, Maintenance, Upgrade & Others: ten tenders and a 12% share.

Solar is top technology for Europe T&D project tenders in Q3 2020

Looking at T&D project tenders by the type of technology in the Europe region, solar accounted for three tenders with a 60% share, followed by wind with one tender and a 20% share and hydro with one tender and a 20% share.

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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.