Generation equipment tenders down 17% in May 2020

7 June 2020 (Last Updated August 16th, 2020 05:03)

Generation equipment tenders down 17% in May 2020

Generation equipment tenders in May 2020 saw 140 tenders announced, marking a drop of 17% over the last 12-month average of 168, 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: 86 tenders and a 61.4% share
  2. Repair, Maintenance, Upgrade & Others: 52 tenders and a 37.1% share
  3. Consulting & Similar Services: one tender and a 0.7% share
  4. Project Implementation: one tender and a 0.7% share.

North America leads generation equipment activity in May 2020

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 75 tenders and a share of 53.6% during May 2020, followed by Asia-Pacific with 40 tenders and a 28.6% share and Europe with 18 tenders and a 12.9% share.

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Thermal is leading technology for generation equipment tenders in May 2020

Among the technologies, thermal accounted for 121 tenders with an 86.4% share, followed by solar with 12 tenders and an 8.6% share and hydro with five tenders and a 3.6% share.

Generation equipment tenders in May 2020: Top companies by capacity

The top issuer of generation equipment tenders for the month in terms of power capacity involved was:Coordination SUD with 0.02MW 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.