Generation equipment tenders down 11% in November 2020

17 December 2020 (Last Updated December 17th, 2020 07:04)

Generation equipment tenders down 11% in November 2020

Generation equipment tenders in November 2020 saw 141 tenders announced, marking a drop of 11% over the last 12-month average of 158, 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: 98 tenders and a 69.5% share
  2. Repair, Maintenance, Upgrade & Others: 42 tenders and a 29.8% share
  3. Consulting & Similar Services: one tender and a 0.7% share.

North America leads generation equipment activity in November 2020

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 67 tenders and a share of 47.5% during November 2020, followed by Asia-Pacific with 41 tenders and a 29.1% share and Middle East and Africa with 23 tenders and a 16.3% share.

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Thermal is leading technology for generation equipment tenders in November 2020

Among the technologies, thermal accounted for 123 tenders with an 86.6% share, followed by solar with 16 tenders and an 11.3% share and nuclear with three tenders and a 2.1% 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.