Global power industry tenders in May 2020: Thermal technology down 22%

Thermal technology tenders activity in May 2020 saw 132 tenders announced, marking a drop of 22% over the last 12-month average of 169, according to GlobalData’s power industry tenders database.

Oil was the top category in thermal technology in terms of number of tenders for the month, accounting for 106 tenders and a 79.1% share, followed by Coal with 17 tenders and a 12.7% share. Gas stood in third place with 11 tenders and an 8.2% share.

Looking at global power tenders activity divided by the type of technology, thermal held the top position in terms of number of tenders during May 2020 with a 52.6% share.

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

1. Supply & Erection: 77 tenders and a 58.3% share
2. Repair, Maintenance, Upgrade & Others: 50 tenders and a 37.9% share
3. Project Implementation: four tenders and a 3% share
4. Consulting & Similar Services: one tender and a 0.8% share.

North America leads thermal tenders activity in May 2020

Comparing tenders activity in thermal technology in different regions of the globe, North America held the top position with 71 tenders and a share of 53.8% during May 2020, followed by Asia-Pacific with 39 tenders and a 29.5% share and Europe with 17 tenders and a 12.9% share.

In fourth place was Middle East and Africa with five tenders and a 3.8% share.

Thermal technology tenders in May 2020: Top companies by capacity

The top issuer of tenders in Thermal technology for the month in terms of power capacity involved was:Amica with 1MW 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.