South and Central America power industry contracts activity in March 2020 saw 20 contracts announced, marking a drop of 23% over the last 12-month average of 26, according to GlobalData’s power database.
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South and Central America power industry contracts in March 2020: Brazil leads activity
Looking at contracts by country, Brazil led the activity in March 2020 with eight contracts and a share of 40%, up 25.7% over the previous month and down 33% when compared with the last 12 month-average, followed by Chile with four contracts and a share of 20% and El Salvador with two contracts and a share of 10% during the month.
Looking at the last 12-month average, Brazil held the top spot with 12 contracts, followed by Argentina with four and Chile with three contracts.
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Solar is top technology area for contracts in March 2020
Looking at contracts divided by the type of technology, solar accounted for the largest proportion with ten contracts and a 52.6% share, followed by thermal with four contracts and a 21.1% share and wind with two contracts and a 10.5% share.
Looking at power industry contracts divided by segment in South and Central America as tracked by GlobalData, Power Plant was the most popular segment in March 2020, with ten contracts, followed by Generation Equipment (6) and Electricity Procurement (4).
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Project Implementation: five contracts and a 25% share
- Supply & Erection: five contracts and a 25% share
- Power Purchase Agreement: three contracts and a 15% share
- Repair, Maintenance, Upgrade & Others: three contracts and a 15% share
- Consulting & Similar Services: three contracts and a 15% share
- Electricity Supply: one contract and a 5% share.
Power contracts in March 2020: Top companies by capacity
The top issuers of contracts for the month in terms of power capacity involved in South and Central America were:
- Anglo American (United Kingdom): 330MW from one contract
- IBS Energy: 80MW from one contract
- Guyana Power & Light (Guyana): 46.5MW capacity from one contract.
Power contracts in March 2020: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved in South and Central America were:
- Atlas Renewable Energy (Chile): 330MW from one contract
- SEPCO1 Electric Power Construction (China): 80MW from one contract
- Wartsila (Finland): 46.5MW capacity from one contract.
All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.
