Power industry tenders in South and Central America for Q2 2019 down 11%

23 July 2019 (Last Updated July 23rd, 2019 13:31)

Power industry tenders in South and Central America for Q2 2019 down 11%
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South and Central America power industry tenders activity in Q2 2019 saw 34 tenders announced, marking a drop of 11% over the last four-quarter average of 38, according to GlobalData's power database.

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South and Central America power industry tenders in Q2 2019: Trinidad and Tobago leads activity

Looking at tenders by country, Trinidad and Tobago led the activity in Q2 2019 with 12 tenders and a share of 35.3%, up 26% over the previous quarter and up 200% when compared with the last four-quarter average.

In second place was Paraguay with five tenders and a share of 14.7% and in third place was Guyana with five tenders and a share of 14.7% during the quarter.

Looking at the last four-quarter average, Argentina held the top spot with ten tenders, followed by Brazil with six and Paraguay with five tenders.

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Solar is top technology area for tenders in Q2 2019

Looking at tenders divided by the type of technology, Solar accounted for the largest proportion with three tenders and a 33.3% share, followed by Thermal with three tenders and a 33.3% share and Hydro with two tenders and a 22.2% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in South and Central America power tenders activity during Q2 2019, with 14 tenders, followed by T&D Project (7) and Power Plant (7).

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

  1. Supply & Erection with 19 tenders and a 55.9% share
  2. Project Implementation with nine tenders and a 26.5% share
  3. Repair, Maintenance, Upgrade & Others with four tenders and an 11.8% share.

Power tenders in Q2 2019: Top companies by capacity

The top issuers of tenders for the quarter in terms of power capacity involved in South and Central America were:

  1. Instituto Nacional de Electrificacion (Guatemala) with 110MW from one tender
  2. NV Energiebedrijven Suriname (Suriname) with 36MW from one tender
  3. MBJ Airports with 1MW capacity 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.