Global power industry tenders in November 2019: Solar technology down 35%

13 December 2019 (Last Updated December 13th, 2019 06:42)

Global power industry tenders in November 2019: Solar technology down 35%

Solar technology tenders activity in November 2019 saw 80 tenders announced, marking a drop of 35% over the last 12-month average of 123, 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 November 2019 with a 28.3% share.

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

  1. Project Implementation: 51 tenders and a 63.8% share
  2. Supply & Erection: nine tenders and an 11.3% share
  3. Power Purchase Agreement: seven tenders and an 8.8% share
  4. Repair, Maintenance, Upgrade & Others: six tenders and a 7.5% share
  5. Consulting & Similar Services: six tenders and a 7.5% share
  6. Electricity Supply: one tender and a 1.3% share.

Asia-Pacific leads solar tenders activity in November 2019

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 55 tenders and a share of 68.8% during November 2019, followed by Europe with nine tenders and an 11.3% share and North America with eight tenders and a 10% share.

In fourth place was Middle East and Africa with six tenders and a 7.5% share and in fifth place was South and Central America with two tenders and a 2.5% share.

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Solar technology tenders in November 2019: Top companies by capacity

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

  1. Ministry of Energy and Natural Resources, Turkey (Turkey): 1,000MW from one tender
  2. Maharashtra State Electricity Distribution (India) and Basin Electric Power Coop (United States): 500MW from one tender
  3. Coal India (India): 100MW 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.