Generation equipment tenders up 34% in Q2 2019

4 September 2019 (Last Updated September 4th, 2019 07:40)

Generation equipment tenders up 34% in Q2 2019

Generation equipment tenders in Q2 2019 saw 738 tenders announced, marking a rise of 34% over the last four-quarter average of 549, according to GlobalData's power industry tenders database.

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

  1. Supply & Erection: 517 tenders and a 70.1% share
  2. Repair, Maintenance, Upgrade & Others: 219 tenders and a 29.7% share
  3. Consulting & Similar Services: one tender and a 0.1% share
  4. Project Implementation: one tender and a 0.1% share.

Asia-Pacific leads generation equipment activity in Q2 2019

Comparing tenders activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 314 tenders and a share of 42.5% during Q2 2019, followed by North America with 300 tenders and a 40.7% share and Middle East and Africa with 70 tenders and a 9.5% share.

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Thermal is leading technology for generation equipment tenders in Q2 2019

Among the technologies, thermal accounted for 654 tenders with an 89% share, followed by solar with 36 tenders and a 4.9% share and nuclear with 17 tenders and a 2.3% share.

Generation equipment tenders in Q2 2019: Top companies by capacity

The top issuers of generation equipment tenders for the quarter in terms of power capacity involved were:

  1. Twence (Netherlands): 12.5MW from one tender
  2. Province of Bataan: 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.