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Power plant contracts down 18 per cent

Published: 14 January 2020 - Carly Wills

There were 49 power plant contracts announced in the Europe region in December 2019, marking a drop of 18 per cent over the last 12 month average of 60, according to GlobalData’s power industry contracts database.

Power plant stood at first place when compared with other power tender categories in the Europe region in December 2019 with 49 contracts and a 35.8 per cent share, followed by generation equipment with 25 contracts and an 18.2 per cent share and T&D equipment with 20 contracts and a 14.6 per cent share during the month.

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

  1. Project implementation: 45 contracts and a 91.8 per cent share
  2. Repair, maintenance, upgrade and others: two contracts and a 4.1 per cent share
  3. Consulting and similar services: two contracts and a 4.1 per cent share

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 33 contracts with a 64.7 per cent share, followed by wind with 16 contracts and a 31.4 per cent share and nuclear with one contract and a two per cent share.

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

  1. KGAL Investment Management GmbH (Germany): 440MW from one contract
  2. The Regulatory Authority for Energy (Greece): 327.1MW from 32 contracts
  3. Danish Energy Agency (Denmark): 251.8MW capacity from seven contracts

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

  1. STEAG Solar Energy Solutions (Germany): 440MW from one contract
  2. Eurowind Energy (Denmark): 97.1MW from two contracts
  3. Nordex (Germany): 62.4MW capacity from one contract

 



 
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