Hydro technology contracts activity in Q4 2021 saw 41 contracts announced, marking a drop of 43% over the last four-quarter average of 72, 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 Q4 2021 with a 4.5% share.

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

  1. Supply & Erection: 13 contracts and a 31.7% share
  2. Power Purchase Agreement: nine contracts and a 22% share
  3. Project Implementation: nine contracts and a 22% share
  4. Repair, Maintenance, Upgrade & Others: five contracts and a 12.2% share
  5. Consulting & Similar Services: five contracts and a 12.2% share.

Asia-Pacific leads hydro contracts activity in Q4 2021

Comparing contracts activity in hydro technology in different regions of the globe, Asia-Pacific held the top position with 20 contracts and a share of 48.8% during Q4 2021, followed by Europe with ten contracts and a 24.4% share and North America with nine contracts and a 22% share.

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In fourth place was South and Central America with two contracts and a 4.9% share.

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Hydro technology contracts in Q4 2021: Top companies by capacity

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

  1. Energy Bureau of Guangxi Zhuang Autonomous Region: 1,550MW from one contract
  2. Bitfarms: 13MW from one contract
  3. Kazakhstan Electricity And Power Market Operator (Kazakhstan): 11.8MW capacity from four contracts.

Hydro technology contracts in Q4 2021: Top winners by capacity

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

  1. Guangxi Power Generation (China): 1,550MW from one contract
  2. Hydro-Quebec (Canada): 13MW from one contract
  3. Aksuhydro (Kazakhstan): 4.9MW 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.