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

Energy storage contracts in Q3 2019 saw 23 contracts announced, marking a drop of 34% over the last four-quarter average of 35, according to GlobalData’s power industry contracts database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Supply & Erection: 11 contracts and a 47.8% share
  2. Power Purchase Agreement: five contracts and a 21.7% share
  3. Project Implementation: four contracts and a 17.4% share
  4. Consulting & Similar Services: two contracts and an 8.7% share
  5. Repair, Maintenance, Upgrade & Others: one contract and a 4.3% share.

North America leads energy storage activity in Q3 2019

Comparing contracts activity in energy storage segment in different regions of the globe, North America held the top position with 12 contracts and a share of 52.2% during Q3 2019, followed by Asia-Pacific with four contracts and a 17.4% share and Europe with four contracts and a 17.4% share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar is leading technology for energy storage contracts in Q3 2019

Among the technologies, solar accounted for 13 contracts with a 72.2% share, followed by wind with three contracts and a 16.7% share and thermal with two contracts and an 11.1% share.

Energy storage contracts in Q3 2019: Top companies by capacity

The top issuers of energy storage contracts for the quarter in terms of power capacity involved were:

  1. City of San Jose (United States): 110MW from one contract
  2. New York Power Authority (United States): 20MW from one contract
  3. East Bay Community Energy (United States): 7.5MW capacity from two contracts.

Energy storage contracts in Q3 2019: Top winners by capacity

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

  1. EDP Renewables North America (United States): 110MW from one contract
  2. O’Connell Electric (United States): 20MW from one contract
  3. esVolta (United States): 7MW 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.