Global power industry tenders in February 2020: Solar technology down 17%

16 March 2020 (Last Updated March 16th, 2020 07:29)

Global power industry tenders in February 2020: Solar technology down 17%

Solar technology tenders activity in February 2020 saw 95 tenders announced, marking a drop of 17% over the last 12-month average of 115, 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 February 2020 with a 33.8% share.

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

  1. Project Implementation: 76 tenders and an 80% share
  2. Supply & Erection: eight tenders and an 8.4% share
  3. Repair, Maintenance, Upgrade & Others: four tenders and a 4.2% share
  4. Consulting & Similar Services: four tenders and a 4.2% share
  5. Power Purchase Agreement: two tenders and a 2.1% share
  6. Electricity Supply: one tender and a 1.1% share.

Asia-Pacific leads solar tenders activity in February 2020

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 63 tenders and a share of 66.3% during February 2020, followed by North America with 19 tenders and a 20% share and Middle East and Africa with nine tenders and a 9.5% share.

In fourth place was Europe with four tenders and a 4.2% share.

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Solar technology tenders in February 2020: Top companies by capacity

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

  1. NTPC (India): 1,200.65MW from two tenders
  2. Ministry of Energy, Uzbekistan: 600MW from two tenders
  3. Gujarat Urja Vikas Nigam (India): 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.