Smart grid tenders up 2% in Q3 2020

30 October 2020 (Last Updated October 30th, 2020 04:07)

Smart grid tenders up 2% in Q3 2020
Oil and gas companies are making moves into the UK energy market.

Smart grid tenders in Q3 2020 saw 47 tenders announced, marking a rise of 2% over the last four-quarter average of 46, 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: 36 tenders and a 76.6% share
  2. Repair, Maintenance, Upgrade & Others: five tenders and a 10.6% share
  3. Consulting & Similar Services: three tenders and a 6.4% share
  4. Project Implementation: three tenders and a 6.4% share.

Asia-Pacific leads smart grid activity in Q3 2020

Comparing tenders activity in smart grid segment in different regions of the globe, Asia-Pacific held the top position with 15 tenders and a share of 31.9% during Q3 2020, followed by Europe with 15 tenders and a 31.9% share and North America with 13 tenders and a 27.7% share.

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Solar is leading technology for smart grid tenders in Q3 2020

Among the technologies, solar accounted for five tenders with an 83.3% share, followed by thermal with one tender and a 16.7% share.

Smart grid tenders in Q3 2020: Top issuer by capacity

The top issuer of smart grid tenders for the quarter in terms of power capacity involved was:Alternative Energy Promotion Center (Nepal) with 0.12MW 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.