Global power industry tenders in May 2020: Solar technology down 25%

6 June 2020 (Last Updated August 16th, 2020 05:21)

Global power industry tenders in May 2020: Solar technology down 25%

Solar technology tenders activity in May 2020 saw 79 tenders announced, marking a drop of 25% over the last 12-month average of 106, 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 May 2020 with a 31.5% share.

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

  1. Project Implementation: 54 tenders and a 68.4% share
  2. Supply & Erection: 11 tenders and a 13.9% share
  3. Power Purchase Agreement: five tenders and a 6.3% share
  4. Repair, Maintenance, Upgrade & Others: four tenders and a 5.1% share
  5. Consulting & Similar Services: four tenders and a 5.1% share
  6. Electricity Supply: one tender and a 1.3% share.

Asia-Pacific leads solar tenders activity in May 2020

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 36 tenders and a share of 45.6% during May 2020, followed by North America with 16 tenders and a 20.3% share and Europe with 15 tenders and a 19% share.

In fourth place was Middle East and Africa with 12 tenders and a 15.2% share.

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Solar technology tenders in May 2020: Top companies by capacity

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

  1. Dominion Energy (United States): 1,250MW from one tender
  2. Suruhanjaya Tenaga (Malaysia): 1,000MW from one tender
  3. NTPC (India) and Sasol (South Africa): 600MW 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.