Global power industry tenders in Q2 2019: Wind technology down 39%

26 August 2019 (Last Updated August 26th, 2019 11:40)

Global power industry tenders in Q2 2019: Wind technology down 39%

Wind technology tenders activity in Q2 2019 saw 37 tenders announced, marking a drop of 39% over the last four-quarter average of 61, according to GlobalData's power industry tenders database.

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Onshore was the top category in wind technology in terms of number of tenders for the quarter, accounting for 23 tenders and an 88.5% share, followed by Offshore with two tenders and a 7.7% share. Onshore Repowered stood in third place with one tender and a 3.8% share.

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Looking at global power tenders activity divided by the type of technology, wind held the fourth position in terms of number of tenders during Q2 2019 with a 3% share.

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

  1. Power Purchase Agreement: ten tenders and a 27% share
  2. Project Implementation: eight tenders and a 21.6% share
  3. Consulting & Similar Services: six tenders and a 16.2% share
  4. Supply & Erection: six tenders and a 16.2% share
  5. Electricity Supply: four tenders and a 10.8% share
  6. Repair, Maintenance, Upgrade & Others: three tenders and an 8.1% share.

Europe leads wind tenders activity in Q2 2019

Comparing tenders activity in wind technology in different regions of the globe, Europe held the top position with 15 tenders and a share of 40.5% during Q2 2019, followed by North America with 13 tenders and a 35.1% share and Asia-Pacific with seven tenders and an 18.9% share.

In fourth place was Middle East and Africa with two tenders and a 5.4% share.

Wind technology tenders in Q2 2019: Top companies by capacity

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

  1. Kuwait Authority for Partnership Projects (Kuwait): 2,000MW from one tender
  2. Solar Energy Corporation of India (India): 1,800MW from one tender
  3. Nantucket Electric (United States), NSTAR Electric (United States) and Fitchburg Gas and Electric Light (United States): 800MW 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.