Global power industry tenders in June 2020: Solar technology up 11%

22 July 2020 (Last Updated July 23rd, 2020 16:20)
Global power industry tenders in June 2020: Solar technology up 11%

Solar technology tenders activity in June 2020 saw 114 tenders announced, marking a rise of 11% over the last 12-month average of 103, 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 June 2020 with a 39.9% share.

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

  1. Project Implementation: 92 tenders and an 80.7% share
  2. Supply & Erection: ten tenders and an 8.8% share
  3. Consulting & Similar Services: five tenders and a 4.4% share
  4. Power Purchase Agreement: three tenders and a 2.6% share
  5. Electricity Supply: two tenders and a 1.8% share
  6. Repair, Maintenance, Upgrade & Others: two tenders and a 1.8% share.

Asia-Pacific leads solar tenders activity in June 2020

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 84 tenders and a share of 73.7% during June 2020, followed by North America with 16 tenders and a 14% share and Europe with seven tenders and a 6.1% share.

In fourth place was Middle East and Africa with four tenders and a 3.5% share and in fifth place was South and Central America with three tenders and a 2.6% share.

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Solar technology tenders in June 2020: Top companies by capacity

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

  1. Railway Energy Management (India): 1,400MW from two tenders
  2. The AES (United States): 1,000MW from one tender
  3. Santee Cooper (United States) and Central Electric Power Coop (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.