Power industry tenders in North America for November 2020 down 11%

10 December 2020 (Last Updated December 10th, 2020 11:53)

Power industry tenders in North America for November 2020 down 11%

North America power industry tenders activity in November 2020 saw 183 tenders announced, marking a drop of 11% over the last 12-month average of 205, according to GlobalData’s power database.

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North America power industry tenders in November 2020: The US leads activity

Looking at tenders by country, the US led the activity in November 2020 with 143 tenders and a share of 78.1%, down 9.3% over the previous month and down 16% when compared with the last 12 month-average, followed by Canada with 40 tenders and a share of 21.9%.

Looking at the last 12-month average, the US held the top spot with 170 tenders, followed by Canada with 33.

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Thermal is top technology area for tenders in November 2020

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 67 tenders and a 77% share, followed by solar with 16 tenders and an 18.4% share and wind with four tenders and a 4.6% share.

Looking at power industry tenders divided by segment in North America as tracked by GlobalData, T&D Equipment was the most popular segment in November 2020, with 82 tenders, followed by Generation Equipment (67) and Power Plant (13).

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

  1. Supply & Erection: 122 tenders and a 66.7% share
  2. Repair, Maintenance, Upgrade & Others: 38 tenders and a 20.8% share
  3. Project Implementation: 17 tenders and a 9.3% share
  4. Power Purchase Agreement: four tenders and a 2.2% share
  5. Consulting & Similar Services: two tenders and a 1.1% share.

Power tenders in November 2020: Top issuers by capacity

The top issuers of tenders for the month in terms of power capacity involved in North America were:

  1. CPS Energy (United States): 1,450MW from one tender
  2. American Electric Power Service (United States): 450MW from two tenders
  3. PrInce Edward Island Energy (Canada): 10MW capacity 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.