Middle East and Africa power industry contracts activity in Q3 2021 saw 99 contracts announced, marking a drop of 2% over the last four-quarter average of 101, according to GlobalData’s power database.

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Middle East and Africa power industry contracts in Q3 2021: Nigeria leads activity

Looking at contracts by country, Nigeria led the activity in Q3 2021 with 15 contracts and a share of 15.2%, up 13.5% over the previous quarter and up 650% when compared with the last four-quarter average, followed by Saudi Arabia with 15 contracts and a share of 15.2% and Egypt with ten contracts and a share of 10.1% during the quarter.

Looking at the last four-quarter average, Saudi Arabia held the top spot with 17 contracts, followed by the United Arab Emirates with ten and Iran with eight contracts.

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Solar is top technology area for contracts in Q3 2021

Looking at contracts divided by the type of technology, solar accounted for the largest proportion with 36 contracts and a 59% share, followed by thermal with 14 contracts and a 23% share and wind with four contracts and a 6.6% share.

Looking at power industry contracts divided by segment as tracked by GlobalData, T&D Project was the most popular segment in Middle East and Africa power contracts activity during Q3 2021, with 31 contracts, followed by Power Plant (28) and Generation Equipment (16).

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

  1. Project Implementation: 42 contracts and a 42.4% share
  2. Supply & Erection: 28 contracts and a 28.3% share
  3. Power Purchase Agreement: 12 contracts and a 12.1% share
  4. Consulting & Similar Services: ten contracts and a 10.1% share
  5. Repair, Maintenance, Upgrade & Others: seven contracts and a 7.1% share.

Power contracts in Q3 2021: Top companies by capacity

The top issuers of contracts for the quarter in terms of power capacity involved in Middle East and Africa were:

  1. Government of Iraq (Iraq): 2,000MW from one contract
  2. Sabalan Barghe Omid: 480MW from one contract
  3. Falcore Power and Energy (Nigeria): 360MW capacity from one contract.

Power contracts in Q3 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. Power Construction Corporation of China (China): 2,000MW from one contract
  2. TotalEnergies (France): 1,000MW from one contract
  3. MAPNA Group (Iran): 663MW capacity from two 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.