Generation equipment tenders up 17% in August 2020

28 September 2020 (Last Updated September 28th, 2020 10:34)

Generation equipment tenders up 17% in August 2020

Generation equipment tenders in August 2020 saw 176 tenders announced, marking a rise of 17% over the last 12-month average of 150, 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: 116 tenders and a 65.9% share
  2. Repair, Maintenance, Upgrade & Others: 60 tenders and a 34.1% share.

North America leads generation equipment activity in August 2020

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 108 tenders and a share of 61.4% during August 2020, followed by Asia-Pacific with 29 tenders and a 16.5% share and Europe with 21 tenders and an 11.9% share.

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Thermal is leading technology for generation equipment tenders in August 2020

Among the technologies, thermal accounted for 164 tenders with a 91.6% share, followed by solar with 11 tenders and a 6.1% share and nuclear with three tenders and a 1.7% share.

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.