There were 38 power plant contracts announced in the North America region in Q4 2019, marking a drop of 7% over the last 12-month average of 41, 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 Q4 2019 with 47 contracts and a 30.7% share, followed by Generation Equipment with 41 contracts and a 26.8% share and Power Plant with 38 contracts and a 24.8% share during the quarter.

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

  1. Project Implementation: 28 contracts and a 73.7% share
  2. Repair, Maintenance, Upgrade & Others: six contracts and a 15.8% share
  3. Consulting & Similar Services: three contracts and a 7.9% share
  4. Power Purchase Agreement: one contract and a 2.6% share.

Solar is top technology for North America power plant contracts in Q4 2019

Looking at power plant contracts by the type of technology in the North America region, solar accounted for 19 contracts with a 50% share, followed by wind with 12 contracts and a 31.6% share and thermal with five contracts and a 13.2% share.

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North America power plant contracts in Q4 2019: Top companies by capacity

The top issuers of power plant contracts for the quarter in terms of power capacity involved in North America were:

  1. Connecticut Department of Energy and Environmental Protection (United States) and Massachusetts Department of Energy Resources (United States): 804MW from one contract
  2. Northern Indiana Public Service (United States): 302MW from one contract
  3. Fotowatio Renewable Ventures (Spain): 296MW capacity from one contract.

North America power plant contracts in Q4 2019: Top winners by capacity

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

  1. Mayflower Wind Energy (United States) and Vineyard Wind (United States): 804MW from one contract
  2. EDP Renewables North America (United States): 302MW from one contract
  3. Powerchina International Group (China) and Proyectos de Instalaciones Electricas (Spain): 296MW 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.