T&D equipment contracts in November 2020 saw 30 contracts announced, marking a drop of 33% over the last 12-month average of 45, according to GlobalData’s power industry contracts database.
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The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 25 contracts and an 83.3% share
- Repair, Maintenance, Upgrade & Others: three contracts and a 10% share
- Project Implementation: two contracts and a 6.7% share.
Europe leads T&D equipment activity in November 2020
Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with 22 contracts and a share of 73.3% during November 2020, followed by Asia-Pacific with four contracts and a 13.3% share and South and Central America with three contracts and a 10% share.
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Wind is leading technology for T&D equipment contracts in November 2020
Among the technologies, wind accounted for nine contracts with a 75% share, followed by hydro with two contracts and a 16.7% share and solar with one contract and an 8.3% share.
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.