Smart grid tenders up 92% in December 2019

17 January 2020 (Last Updated January 17th, 2020 09:18)

Smart grid tenders up 92% in December 2019

Smart grid tenders in December 2019 saw 25 tenders announced, marking a rise of 92% over the last 12-month average of 13, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation: 11 tenders and a 44% share
  2. Supply & Erection: nine tenders and a 36% share
  3. Repair, Maintenance, Upgrade & Others: five tenders and a 20% share.

Middle East and Africa leads smart grid activity in December 2019

Comparing tenders activity in smart grid segment in different regions of the globe, Middle East and Africa held the top position with 11 tenders and a share of 44% during December 2019, followed by North America with five tenders and a 20% share and Asia-Pacific with five tenders and a 20% share.

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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.