Oil and gas companies are making moves into the UK energy market.

There were 28 power plant contracts announced in the Middle East and Africa region in Q2 2021, marking a drop of 7% over the last four-quarter average of 30, according to GlobalData’s power industry contracts database.

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T&D Project stood at first place when compared with other power tender categories in the Middle East and Africa region in Q2 2021 with 30 contracts and a 23.4% share, followed by Power Plant with 28 contracts and a 21.9% share and Generation Equipment with 23 contracts and an 18% share during the quarter.

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

  1. Project Implementation: 18 contracts and a 64.3% share
  2. Consulting & Similar Services: eight contracts and a 28.6% share
  3. Power Purchase Agreement: one contract and a 3.6% share
  4. Repair, Maintenance, Upgrade & Others: one contract and a 3.6% share.

Solar is top technology for Middle East and Africa power plant contracts in Q2 2021

Looking at power plant contracts by the type of technology in the Middle East and Africa region, solar accounted for 19 contracts with a 67.9% share, followed by thermal with three contracts and a 10.7% share and wind with two contracts and a 7.1% share.

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Middle East and Africa power plant contracts in Q2 2021: Top issuers by capacity

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

  1. Ministry of Electricity, Iraq (Iraq): 2,000MW from one contract
  2. The Saudi Public Investment Fund (Saudi Arabia) and ACWA Power International (Saudi Arabia): 1,500MW from one contract
  3. Abu Dhabi Future Energy (United Arab Emirates), EDF Renouvelables (France), Nesma Holding and Renewable Energy Project Development Office (Saudi Arabia): 300MW capacity from one contract.

Middle East and Africa power plant contracts in Q2 2021: 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. Abu Dhabi Future Energy (United Arab Emirates): 2,300MW from two contracts
  2. Larsen & Toubro (India): 1,800MW from two contracts
  3. Nesma Holding (Saudi Arabia), China Energy Construction Guangdong Thermal Power Transmission and Transformation Engineering (China) and EDF Renewables (France): 300MW 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.