There were 35 electricity procurement contracts announced in the North America region in January 2022, marking a rise of 35% over the last 12-month average of 26, according to GlobalData’s power industry contracts database.

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Electricity Procurement stood at first place when compared with other power tender categories in the North America region in January 2022 with 35 contracts and a 61.4% share, followed by Energy Storage with 12 contracts and a 21.1% share and Generation Equipment with four contracts and a 7% share during the month.

The proportion of contracts by category tracked by GlobalData in the month was:Power Purchase Agreement with 35 contracts and a 100% share.

Solar is top technology for North America electricity procurement contracts in January 2022

Looking at electricity procurement contracts by the type of technology in the North America region, solar accounted for 16 contracts with a 61.5% share, followed by wind with ten contracts and a 38.5% share.

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North America electricity procurement contracts in January 2022: Top companies by capacity

The top issuers of electricity procurement contracts for the month in terms of power capacity involved in North America were:

  1. Pacific Gas and Electric (United States): 1,323.7MW from eight contracts
  2. Great River Energy (United States): 400MW from one contract
  3. Meta Platforms (United States): 225MW capacity from one contract.

North America electricity procurement contracts in January 2022: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in North America were:

  1. Apex Clean Energy Holdings (United States): 625MW from two contracts
  2. Vistra Energy (United States): 350MW from one contract
  3. Terra-Gen (United States): 349MW capacity from three contracts.

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.