Global power industry tenders in November 2020: Thermal technology down 13%

Thermal technology tenders activity in November 2020 saw 138 tenders announced, marking a drop of 13% over the last 12-month average of 158, 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 107 tenders and a 78.1% share, followed by Coal with 18 tenders and a 13.1% share. Gas stood in third place with 12 tenders and an 8.8% 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 November 2020 with a 47.3% share.

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

1. Supply & Erection: 92 tenders and a 66.7% share
2. Repair, Maintenance, Upgrade & Others: 41 tenders and a 29.7% share
3. Project Implementation: three tenders and a 2.2% share
4. Consulting & Similar Services: two tenders and a 1.4% share.

North America leads thermal tenders activity in November 2020

Comparing tenders activity in thermal technology in different regions of the globe, North America held the top position with 67 tenders and a share of 48.6% during November 2020, followed by Asia-Pacific with 47 tenders and a 34.1% share and Middle East and Africa with 14 tenders and a 10.1% share.

In fourth place was Europe with ten tenders and a 7.2% share.

Thermal technology tenders in November 2020: Top issuers by capacity

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

1. Germany Trade And Invest (Germany): 900MW from one tender
2. New Cogen sp. z oo: 20MW 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.