Power industry tenders in South and Central America for Q2 2020 up 34%

10 August 2020 (Last Updated August 10th, 2020 18:43)

Power industry tenders in South and Central America for Q2 2020 up 34%

South and Central America power industry tenders activity in Q2 2020 saw 39 tenders announced, marking a rise of 34% over the last four-quarter average of 29, according to GlobalData’s power database.

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South and Central America power industry tenders in Q2 2020: Bolivia leads activity

Looking at tenders by country, Bolivia led the activity in Q2 2020 with 11 tenders and a share of 28.2%, up 4.4% over the previous quarter and up 267% when compared with the last four-quarter average, followed by Uruguay with ten tenders and a share of 25.6% and Brazil with six tenders and a share of 15.4% during the quarter.

Looking at the last four-quarter average, Trinidad and Tobago held the top spot with five tenders, followed by Brazil with four and Bolivia with three tenders.

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Solar is top technology area for tenders in Q2 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with four tenders and a 40% share, followed by hydro with three tenders and a 30% share and thermal with two tenders and a 20% 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 2020, with 14 tenders, followed by T&D Project (11) and Power Plant (6).

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

  1. Supply & Erection: 18 tenders and a 46.2% share
  2. Project Implementation: 13 tenders and a 33.3% share
  3. Repair, Maintenance, Upgrade & Others: five tenders and a 12.8% share
  4. Consulting & Similar Services: two tenders and a 5.1% share
  5. Power Purchase Agreement: one tender and a 2.6% share.

Power tenders in Q2 2020: Top issuers by capacity

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

  1. Government of Mendoza (Argentina): 210MW from one tender
  2. Ministerio de Energia y Recursos Naturales No Renovables: 14.8MW 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.