There were 31 T&D equipment contracts announced in the Europe region in August 2020, marking a rise of 35% over the last 12-month average of 23, according to GlobalData’s power industry contracts database.
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Power Plant stood at first place when compared with other power tender categories in the Europe region in August 2020 with 109 contracts and a 53.4% share, followed by Generation Equipment with 35 contracts and a 17.2% share and T&D Equipment with 31 contracts and a 15.2% share during the month.
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 24 contracts and a 77.4% share
- Repair, Maintenance, Upgrade & Others: five contracts and a 16.1% share
- Project Implementation: two contracts and a 6.5% share.
Wind is top technology for Europe T&D equipment contracts in August 2020
Looking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for two contracts with a 50% share, followed by hydro with one contract and a 25% share and solar with one contract and a 25% share.
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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.