Generation equipment tenders up 12% in September 2020

27 October 2020 (Last Updated October 27th, 2020 04:44)

Generation equipment tenders up 12% in September 2020
Oil and gas companies are making moves into the UK energy market.

Generation equipment tenders in September 2020 saw 175 tenders announced, marking a rise of 12% over the last 12-month average of 156, 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: 122 tenders and a 69.7% share
  2. Repair, Maintenance, Upgrade & Others: 52 tenders and a 29.7% share
  3. Project Implementation: one tender and a 0.6% share.

North America leads generation equipment activity in September 2020

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 101 tenders and a share of 57.7% during September 2020, followed by Asia-Pacific with 43 tenders and a 24.6% share and Europe with 18 tenders and a 10.3% share.

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Thermal is leading technology for generation equipment tenders in September 2020

Among the technologies, thermal accounted for 152 tenders with an 86.4% share, followed by solar with 12 tenders and a 6.8% share and nuclear with nine tenders and a 5.1% 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.