Power industry tenders activity in Q3 2020 saw 2,559 tenders announced, marking a drop of 3% over the last four-quarter average of 2,641, according to GlobalData’s power database.

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Power industry tenders in Q3 2020: Asia-Pacific leads global activity

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 1,181 tenders and a share of 46.2% during Q3 2020, followed by North America with 726 tenders and a 28.4% share and Europe with 327 tenders and a 12.8% share.

In fourth place was Middle East and Africa with 238 tenders and a 9.3% share and in fifth place was South and Central America with 87 tenders and a 3.4% share.

On the basis of the last four-quarter average, Asia-Pacific held a lead over others with 1,639 tenders, followed by North America with 445.

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Thermal tops by technology in Q3 2020

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 511 tenders and a 47.8% share, followed by solar with 423 tenders and a 39.6% share and hydro with 58 tenders and a 5.4% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in global power tenders activity during Q3 2020, with 936 tenders, followed by T&D Project (576) and Generation Equipment (521).

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

  1. Supply & Erection: 1,220 tenders and a 47.7% share
  2. Project Implementation: 752 tenders and a 29.4% share
  3. Repair, Maintenance, Upgrade & Others: 441 tenders and a 17.2% share
  4. Consulting & Similar Services: 102 tenders and a 4% share
  5. Power Purchase Agreement: 20 tenders and a 0.8% share
  6. Electricity Supply: 19 tenders and a 0.7% share
  7. Others: five tenders and a 0.2% share.

Power tenders in Q3 2020: Top issuers by capacity

The top issuers of tenders for the quarter in terms of power capacity involved were:

  1. Bundesnetzagentur (Germany): 19,450MW from two tenders
  2. National Energy Regulator of South Africa (South Africa): 12,000MW from one tender
  3. NSW Coalition State Government: 8,000MW capacity from one tender.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.