Global power industry tenders in Q2 2019: Solar technology down 23%

23 August 2019 (Last Updated August 23rd, 2019 09:41)

Global power industry tenders in Q2 2019: Solar technology down 23%

Solar technology tenders activity in Q2 2019 saw 348 tenders announced, marking a drop of 23% over the last four-quarter average of 453, according to GlobalData's power industry tenders database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Looking at global power tenders activity divided by the type of technology, solar held the second position in terms of number of tenders during Q2 2019 with a 28% share.

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

  1. Project Implementation: 241 tenders and a 69.3% share
  2. Supply & Erection: 41 tenders and an 11.8% share
  3. Repair, Maintenance, Upgrade & Others: 23 tenders and a 6.6% share
  4. Consulting & Similar Services: 21 tenders and a 6% share
  5. Power Purchase Agreement: 16 tenders and a 4.6% share
  6. Electricity Supply: six tenders and a 1.7% share.

Asia-Pacific leads solar tenders activity in Q2 2019

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 233 tenders and a share of 67% during Q2 2019, followed by North America with 65 tenders and an 18.7% share and Middle East and Africa with 27 tenders and a 7.8% share.

In fourth place was Europe with 20 tenders and a 5.7% share and in fifth place was South and Central America with three tenders and a 0.9% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar technology tenders in Q2 2019: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 9,006MW from seven tenders
  2. NTPC (India): 2,187.03MW from six tenders
  3. Kuwait Authority for Partnership Projects (Kuwait): 2,000MW 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.