Global power industry tenders in December 2019: Solar technology down 24%

14 January 2020 (Last Updated January 14th, 2020 08:12)

Global power industry tenders in December 2019: Solar technology down 24%
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Solar technology tenders activity in December 2019 saw 90 tenders announced, marking a drop of 24% over the last 12-month average of 119, according to GlobalData’s power industry tenders database.

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Looking at global power tenders activity divided by the type of technology, solar held the second position in terms of number of tenders during December 2019 with a 30.2% share.

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

  1. Project Implementation: 61 tenders and a 67.8% share
  2. Supply & Erection: 11 tenders and a 12.2% share
  3. Repair, Maintenance, Upgrade & Others: six tenders and a 6.7% share
  4. Consulting & Similar Services: six tenders and a 6.7% share
  5. Power Purchase Agreement: five tenders and a 5.6% share
  6. Electricity Supply: one tender and a 1.1% share.

Asia-Pacific leads solar tenders activity in December 2019

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 65 tenders and a share of 72.2% during December 2019, followed by Europe with 14 tenders and a 15.6% share and Middle East and Africa with six tenders and a 6.7% share.

In fourth place was North America with four tenders and a 4.4% share and in fifth place was South and Central America with one tender and a 1.1% share.

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Solar technology tenders in December 2019: 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): 2,400MW from two tenders
  2. NTPC (India): 1,523.87MW from four tenders
  3. Bihar Renewable Energy Development Agency (India): 250MW 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.