Generation equipment contracts in January 2020 saw 49 contracts announced, marking a drop of 36% over the last 12-month average of 77, 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:

  1. Supply & Erection: 38 contracts and a 77.6% share
  2. Repair, Maintenance, Upgrade & Others: nine contracts and an 18.4% share
  3. Project Implementation: two contracts and a 4.1% share.

Europe leads generation equipment activity in January 2020

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 23 contracts and a share of 46.9% during January 2020, followed by Asia-Pacific with ten contracts and a 20.4% share and North America with eight contracts and a 16.3% share.

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Wind is leading technology for generation equipment contracts in January 2020

Among the technologies, wind accounted for 18 contracts with a 36.7% share, followed by solar with 16 contracts and a 32.7% share and thermal with nine contracts and an 18.4% share.

Generation equipment contracts in January 2020: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved was:Progetti International (Italy) with 10MW 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.