Generation equipment tenders down 10% in June 2020

23 July 2020 (Last Updated July 31st, 2020 14:25)

Generation equipment tenders down 10% in June 2020

Generation equipment tenders in June 2020 saw 142 tenders announced, marking a drop of 10% over the last 12-month average of 157, 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: 97 tenders and a 68.3% share
  2. Repair, Maintenance, Upgrade & Others: 43 tenders and a 30.3% share
  3. Consulting & Similar Services: two tenders and a 1.4% share.

North America leads generation equipment activity in June 2020

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 81 tenders and a share of 57% during June 2020, followed by Asia-Pacific with 35 tenders and a 24.6% share and Europe with 24 tenders and a 16.9% share.

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Thermal is leading technology for generation equipment tenders in June 2020

Among the technologies, thermal accounted for 122 tenders with an 85.9% share, followed by solar with ten tenders and a 7% share and hydro with seven tenders and a 4.9% 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.