Middle East and Africa power industry contracts activity in Q2 2020 saw 72 contracts announced, marking a drop of 18% over the last four-quarter average of 88, according to GlobalData’s power database.

Middle East and Africa power industry contracts in Q2 2020: Oman leads activity

Looking at contracts by country, Oman led the activity in Q2 2020 with 11 contracts and a share of 15.3%, up 12.5% over the previous quarter and up 267% when compared with the last four-quarter average, followed by Saudi Arabia with nine contracts and a share of 12.5% and Iran with seven contracts and a share of 9.7% during the quarter.

Looking at the last four-quarter average, Iran held the top spot with nine contracts, followed by Saudi Arabia with eight and Egypt with seven contracts.

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Solar is top technology area for contracts in Q2 2020

Looking at contracts divided by the type of technology, solar accounted for the largest proportion with 24 contracts and a 51.1% share, followed by thermal with 12 contracts and a 25.5% share and wind with five contracts and a 10.6% share.

Looking at power industry contracts divided by segment as tracked by GlobalData, T&D Project was the most popular segment in Middle East and Africa power contracts activity during Q2 2020, with 28 contracts, followed by Power Plant (21) and Generation Equipment (16).

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

1. Project Implementation: 31 contracts and a 43.1% share
2. Supply & Erection: 17 contracts and a 23.6% share
3. Consulting & Similar Services: 13 contracts and an 18.1% share
4. Power Purchase Agreement: seven contracts and a 9.7% share
5. Repair, Maintenance, Upgrade & Others: four contracts and a 5.6% share.

Power contracts in Q2 2020: Top issuers by capacity

The top issuers of contracts for the quarter in terms of power capacity involved in Middle East and Africa were:

1. Dubai Electricity and Water Authority (United Arab Emirates): 900MW from one contract
2. Primesouth Lebanon s.a.l.: 640MW from one contract
3. ZESCO (Zambia): 600MW capacity from one contract.

Power contracts in Q2 2020: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved in Middle East and Africa were:

1. MAPNA Group (Iran): 984MW from two contracts
2. ACWA Power International (Saudi Arabia): 900MW from one contract
3. China CAMC Engineering (China): 640MW 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.

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