Europe power plant contracts activity down 32% in July 2019, says GlobalData

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There were 34 power plant contracts announced in Europe in July 2019, marking a drop of 32% over the last 12-month average of 50, according to GlobalData, a leading data and analytics company.

Power Plant stood at first place when compared with other power tender categories in Europe in July 2019 with 34 contracts and a 45.3% share, followed by Generation Equipment with 17 contracts and a 22.7% share and T&D Equipment with eight contracts and a 10.7% share during the month.

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

  • Project Implementation: 31 contracts and a 91.2% share.
  • Consulting & Similar Services: two contracts and a 5.9% share.
  • Repair, Maintenance, Upgrade & Others: one contract and a 2.9% share.

Solar is top technology for Europe power plant contracts in July 2019

Looking at power plant contracts by the type of technology in Europe, solar accounted for 19 contracts with a 55.9% share, followed by wind with 11 contracts and a 32.4% share and thermal with two contracts and a 5.9% share.

Europe power plant contracts in July 2019: Top companies by capacity

The top issuers of power plant contracts for the month in terms of power capacity involved in Europe were:

  • The Regulatory Authority for Energy (Greece): 322.44MW from 27 contracts.
  • Volkswagen Kraftwerk (Germany): 288MW from one contract.
  • TEAG Thuringer Energie: 63MW capacity from one contract.

Europe power plant contracts in July 2019: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Europe were:

  • Mitsubishi Hitachi Power Systems Europe (Germany): 288MW from one contract.
  • Spes Solaris (Greece): 75.58MW from seven contracts.
  • MAN Energy Solutions (Germany): 63MW capacity from one contract.

Source: GlobalData