Global power industry tenders for Q4 2020 down 17%

8 January 2021 (Last Updated January 8th, 2021 11:20)

Global power industry tenders for Q4 2020 down 17%

Power industry tenders activity in Q4 2020 saw 2,157 tenders announced, marking a drop of 17% over the last four-quarter average of 2,605, according to GlobalData’s power database.

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Power industry tenders in Q4 2020: Asia-Pacific leads global activity

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 974 tenders and a share of 45.2% during Q4 2020, followed by North America with 626 tenders and a 29% share and Europe with 290 tenders and a 13.4% share.

In fourth place was Middle East and Africa with 207 tenders and a 9.6% share and in fifth place was South and Central America with 60 tenders and a 2.8% share.

On the basis of the last four-quarter average, Asia-Pacific held a lead over others with 1,491 tenders, followed by North America with 579.

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Solar tops by technology in Q4 2020

Looking at tenders by the type of technology, solar accounted for the largest proportion with 414 tenders and a 44.2% share, followed by thermal with 394 tenders and a 42.1% share and hydro with 52 tenders and a 5.6% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in global power tenders activity during Q4 2020, with 825 tenders, followed by Generation Equipment (421) and T&D Project (410).

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

  1. Supply & Erection: 1,084 tenders and a 50.3% share
  2. Project Implementation: 599 tenders and a 27.8% share
  3. Repair, Maintenance, Upgrade & Others: 360 tenders and a 16.7% share
  4. Consulting & Similar Services: 75 tenders and a 3.5% share
  5. Electricity Supply: 18 tenders and a 0.8% share
  6. Power Purchase Agreement: 13 tenders and a 0.6% share
  7. Others: eight tenders and a 0.4% share.

Power tenders in Q4 2020: Top issuers by capacity

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

  1. Andhra Pradesh Green Energy: 8,500MW from one tender
  2. Ministry for the Ecological Transition and Demographic Challenge (Spain): 6,100MW from two tenders
  3. Ministerio de Minas y Energia (Colombia) (Colombia): 5,000MW 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.