North America generation equipment tenders activity down 37% in March 2020

There were 39 generation equipment tenders announced in the North America region in March 2020, marking a drop of 37% over the last 12-month average of 62, according to GlobalData’s power industry tenders database.

T&D Equipment stood at first place when compared with other power tender categories in the North America region in March 2020 with 107 tenders and a 59.4% share, followed by Generation Equipment with 39 tenders and a 21.7% share and Power Plant with 16 tenders and an 8.9% share during the month.

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

1. Supply & Erection: 23 tenders and a 59% share
2. Repair, Maintenance, Upgrade & Others: 16 tenders and a 41% share.

Thermal is top technology for North America generation equipment tenders in March 2020

Looking at generation equipment tenders by the type of technology in the North America region, thermal accounted for 37 tenders with a 92.5% share, followed by solar with two tenders and a 5% share and wind with one tender and a 2.5% 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.