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

There were 45 power plant contracts announced in the Middle East and Africa region in Q4 2021, marking a rise of 50% over the last four-quarter average of 30, 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 Middle East and Africa region in Q4 2021 with 45 contracts and a 34.1% share, followed by T&D Project with 34 contracts and a 25.8% share and Electricity Procurement with 16 contracts and a 12.1% share during the quarter.

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

  1. Project Implementation: 42 contracts and a 93.3% share
  2. Consulting & Similar Services: two contracts and a 4.4% share
  3. Power Purchase Agreement: one contract and a 2.2% share.

Solar is top technology for Middle East and Africa power plant contracts in Q4 2021

Looking at power plant contracts by the type of technology in the Middle East and Africa region, solar accounted for 27 contracts with a 57.4% share, followed by wind with 14 contracts and a 29.8% share and thermal with six contracts and a 12.8% share.

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Middle East and Africa power plant contracts in Q4 2021: Top companies 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. Department of Energy, South Africa (South Africa): 2,331MW from 19 contracts
  2. Ministry of Electricity, Iraq (Iraq) and National Investment Commission, Iraq: 1,000MW from one contract
  3. Saudi Aramco Power (Saudi Arabia): 940MW capacity from one contract.

Middle East and Africa power plant contracts in Q4 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. H1 Holdings (South Africa): 1,911MW from 16 contracts
  2. Mainstream Renewable Power South Africa (South Africa) and Globeleq Africa (United Kingdom): 1,274MW from 12 contracts
  3. Abu Dhabi Future Energy (United Arab Emirates): 1,000MW 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.