South and Central America power industry tenders in Q1 2021: Total volume increase revealed
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

Power industry tenders in South and Central America for Q1 2021 up 41%

21 Apr 2021

Power industry tenders in South and Central America for Q1 2021 up 41%
Oil and gas companies are making moves into the UK energy market.

South and Central America power industry tenders activity in Q1 2021 saw 83 tenders announced, marking a rise of 41% over the last four-quarter average of 59, according to GlobalData’s power database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

South and Central America power industry tenders in Q1 2021: Bolivia leads activity

Looking at tenders by country, Bolivia led the activity in Q1 2021 with 33 tenders and a share of 39.8%, up 18.9% over the previous quarter and up 74% when compared with the last four-quarter average, followed by Guyana with 18 tenders and a share of 21.7% and Uruguay with nine tenders and a share of 10.8% during the quarter.

Looking at the last four-quarter average, Bolivia held the top spot with 19 tenders, followed by Uruguay with nine and Trinidad and Tobago with seven tenders.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar is top technology area for tenders in Q1 2021

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 15 tenders and a 51.7% share, followed by hydro with 11 tenders and a 37.9% share and nuclear with one tender and a 3.4% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Project was the most popular segment in South and Central America power tenders activity during Q1 2021, with 31 tenders, followed by T&D Equipment (27) and Power Plant (27).

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

  1. Project Implementation: 34 tenders and a 41% share
  2. Supply & Erection: 32 tenders and a 38.6% share
  3. Consulting & Similar Services: 15 tenders and an 18.1% share
  4. Repair, Maintenance, Upgrade & Others: two tenders and a 2.4% share.

Power tenders in Q1 2021: Top issuers by capacity

The top issuer of tenders for the quarter in terms of power capacity involved in South and Central America was:Guyana Energy Agency (Guyana) with 2.87MW from 14 tenders.

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.