Smart grid tenders down 16% in Q3 2019

23 November 2019 (Last Updated November 21st, 2019 07:31)

Smart grid tenders down 16% in Q3 2019

Smart grid tenders in Q3 2019 saw 36 tenders announced, marking a drop of 16% over the last four-quarter average of 43, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 26 tenders and a 72.2% share
  2. Repair, Maintenance, Upgrade & Others: five tenders and a 13.9% share
  3. Project Implementation: three tenders and an 8.3% share
  4. Consulting & Similar Services: two tenders and a 5.6% share.

Middle East and Africa leads smart grid activity in Q3 2019

Comparing tenders activity in smart grid segment in different regions of the globe, Middle East and Africa held the top position with 17 tenders and a share of 47.2% during Q3 2019, followed by Asia-Pacific with 14 tenders and a 38.9% share and Europe with three tenders and an 8.3% share.

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Solar is leading technology for smart grid tenders in Q3 2019

Among the technologies, solar accounted for five tenders with a 62.5% share, followed by thermal with one tender and a 12.5% share and wind with one tender and a 12.5% share.

Smart grid tenders in Q3 2019: Top companies by capacity

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

  1. Jemena (Australia): 7.5MW from one tender
  2. InfraCo Africa (United Kingdom): 1.7MW 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.