Hydro technology contracts activity in Q2 2020 saw 61 contracts announced, marking a rise of 24% over the last four-quarter average of 49, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, hydro held the fourth position in terms of number of contracts during Q2 2020 with a 6.3% share.

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

  1. Supply & Erection: 28 contracts and a 45.9% share
  2. Project Implementation: 15 contracts and a 24.6% share
  3. Power Purchase Agreement: 12 contracts and a 19.7% share
  4. Repair, Maintenance, Upgrade & Others: four contracts and a 6.6% share
  5. Consulting & Similar Services: two contracts and a 3.3% share.

Europe leads hydro contracts activity in Q2 2020

Comparing contracts activity in hydro technology in different regions of the globe, Europe held the top position with 22 contracts and a share of 36.1% during Q2 2020, followed by Asia-Pacific with 21 contracts and a 34.4% share and South and Central America with nine contracts and a 14.8% share.

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In fourth place was Middle East and Africa with five contracts and an 8.2% share and in fifth place was North America with four contracts and a 6.6% share.

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Hydro technology contracts in Q2 2020: Top issuers by capacity

The top issuers of contracts in Hydro technology for the quarter in terms of power capacity involved were:

  1. PT Indonesia Dafeng Heshun Energy Industri: 1,200MW from one contract
  2. Government of Bhutan (Bhutan): 600MW from one contract
  3. Portland General Electric (United States) and Dabar Power (Bosnia and Herzegovina): 160MW capacity from one contract.

Hydro technology contracts in Q2 2020: Top winners by capacity

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

  1. China Gezhouba Group (China): 1,520MW from three contracts
  2. Druk Green Power (Bhutan) and Satluj Jal Vidyut Nigam (India): 600MW from one contract
  3. Public Utility District No. one of Douglas County (United States): 160MW 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.