Global power industry tenders in April 2020: Solar technology down 48%

Solar technology tenders activity in April 2020 saw 57 tenders announced, marking a drop of 48% over the last 12-month average of 109, according to GlobalData’s power industry tenders database.

Looking at global power tenders activity divided by the type of technology, solar held the second position in terms of number of tenders during April 2020 with a 23.8% share.

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

1. Project Implementation: 42 tenders and a 73.7% share
2. Supply & Erection: eight tenders and a 14% share
3. Repair, Maintenance, Upgrade & Others: five tenders and an 8.8% share
4. Consulting & Similar Services: two tenders and a 3.5% share.

Asia-Pacific leads solar tenders activity in April 2020

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 38 tenders and a share of 66.7% during April 2020, followed by North America with nine tenders and a 15.8% share and Europe with seven tenders and a 12.3% share.

In fourth place was Middle East and Africa with three tenders and a 5.3% share.

Solar technology tenders in April 2020: Top companies by capacity

The top issuers of tenders in Solar technology for the month in terms of power capacity involved were:

1. Solar Energy Corporation of India (India): 2,515MW from two tenders
2. Renewable Energy Project Development Office (Saudi Arabia): 1,000MW from one tender
3. Iliako Velos Ena and PPC Renewables (Greece): 200MW 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.