Power industry tenders in South and Central America for November 2020 up 29%

10 December 2020 (Last Updated December 10th, 2020 11:52)

Power industry tenders in South and Central America for November 2020 up 29%

South and Central America power industry tenders activity in November 2020 saw 22 tenders announced, marking a rise of 29% over the last 12-month average of 17, according to GlobalData’s power database.

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South and Central America power industry tenders in November 2020: Bolivia leads activity

Looking at tenders by country, Bolivia led the activity in November 2020 with seven tenders and a share of 31.8%, up 8% over the previous month and up 40% when compared with the last 12 month-average, followed by Trinidad and Tobago with six tenders and a share of 27.3% and Uruguay with three tenders and a share of 13.6% during the month.

Looking at the last 12-month average, Bolivia held the top spot with five tenders, followed by Brazil with two and Trinidad and Tobago with two tenders.

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Solar is top technology area for tenders in November 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with three tenders and a 60% share, followed by wind with one tender and a 20% share and hydro with one tender and a 20% share.

Looking at power industry tenders divided by segment in South and Central America as tracked by GlobalData, T&D Equipment was the most popular segment in November 2020, with 13 tenders, followed by T&D Project (4) and Energy Storage (3).

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

  1. Supply & Erection: 14 tenders and a 63.6% share
  2. Project Implementation: five tenders and a 22.7% share
  3. Power Purchase Agreement: two tenders and a 9.1% share
  4. Consulting & Similar Services: one tender and a 4.5% share.

Power tenders in November 2020: Top issuers by capacity

The top issuer of tenders for the month in terms of power capacity involved in South and Central America was:Ministerio de Minas y Energia (Colombia) (Colombia) with 5,000MW 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.