Power industry tenders in North America for October 2020 up 28%

10 November 2020 (Last Updated November 23rd, 2020 10:41)

Power industry tenders in North America for October 2020 up 28%

North America power industry tenders activity in October 2020 saw 247 tenders announced, marking a rise of 28% over the last 12-month average of 193, according to GlobalData’s power database.

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

Looking at tenders by country, the US led the activity in October 2020 with 215 tenders and a share of 87%, up 1.3% over the previous month and up 35% when compared with the last 12 month-average, followed by Canada with 32 tenders and a share of 13%.

Looking at the last 12-month average, the US held the top spot with 159 tenders, followed by Canada with 33.

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Thermal is top technology area for tenders in October 2020

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 76 tenders and an 80% share, followed by solar with 13 tenders and a 13.7% share and hydro with two tenders and a 2.1% 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 October 2020, with 125 tenders, followed by Generation Equipment (75) and Energy Storage (29).

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

  1. Supply & Erection: 193 tenders and a 78.1% share
  2. Repair, Maintenance, Upgrade & Others: 33 tenders and a 13.4% share
  3. Project Implementation: 16 tenders and a 6.5% share
  4. Electricity Supply: two tenders and a 0.8% share
  5. Power Purchase Agreement: two tenders and a 0.8% share
  6. Consulting & Similar Services: one tender and a 0.4% share.

Power tenders in October 2020: Top issuers by capacity

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

  1. State of Rhode Island (United States): 600MW from one tender
  2. Delmarva Power & Light (United States): 540MW from one tender
  3. Central Coast Community Energy, CleanPowerSF (United States), Redwood Coast Energy Authority (United States), San Jose Clean Energy (United States), Silicon Valley Clean Energy (United States), Sonoma Clean Power (United States), Marin Clean Energy and Peninsula Clean Energy (United States): 500MW 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.