Global power industry tenders in Q3 2020: Solar technology up 35%

25 October 2020 (Last Updated October 20th, 2020 14:27)

Global power industry tenders in Q3 2020: Solar technology up 35%

Solar technology tenders activity in Q3 2020 saw 423 tenders announced, marking a rise of 35% over the last four-quarter average of 313, 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 Q3 2020 with a 39.6% share.

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

  1. Project Implementation: 333 tenders and a 78.7% share
  2. Supply & Erection: 32 tenders and a 7.6% share
  3. Consulting & Similar Services: 23 tenders and a 5.4% share
  4. Power Purchase Agreement: 16 tenders and a 3.8% share
  5. Repair, Maintenance, Upgrade & Others: 15 tenders and a 3.5% share
  6. Electricity Supply: four tenders and a 0.9% share.

Asia-Pacific leads solar tenders activity in Q3 2020

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 263 tenders and a share of 62.2% during Q3 2020, followed by Europe with 63 tenders and a 14.9% share and North America with 51 tenders and a 12.1% share.

In fourth place was Middle East and Africa with 35 tenders and an 8.3% share and in fifth place was South and Central America with 11 tenders and a 2.6% share.

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Solar technology tenders in Q3 2020: Top issuers by capacity

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

  1. Bundesnetzagentur (Germany): 19,450MW from two tenders
  2. National Energy Regulator of South Africa (South Africa): 12,000MW from one tender
  3. NSW Coalition State Government: 8,000MW 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.