Wind technology contracts activity in Q1 2021 saw 285 contracts announced, marking a drop of 6% over the last four-quarter average of 302, according to GlobalData’s power industry contracts database.

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Onshore was the top category in wind technology in terms of number of contracts for the quarter, accounting for 223 contracts and a 77.7% share, followed by Offshore with 60 contracts and a 20.9% share. Onshore Repowered stood in third place with four contracts and a 1.4% share.

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Looking at global power contracts activity divided by the type of technology, wind held the second position in terms of number of contracts during Q1 2021 with a 30.3% share.

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

  1. Supply & Erection: 114 contracts and a 40% share
  2. Project Implementation: 65 contracts and a 22.8% share
  3. Power Purchase Agreement: 62 contracts and a 21.8% share
  4. Consulting & Similar Services: 28 contracts and a 9.8% share
  5. Repair, Maintenance, Upgrade & Others: ten contracts and a 3.5% share
  6. Electricity Supply: six contracts and a 2.1% share.

Europe leads wind contracts activity in Q1 2021

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 158 contracts and a share of 55.4% during Q1 2021, followed by Asia-Pacific with 59 contracts and a 20.7% share and North America with 55 contracts and a 19.3% share.

In fourth place was South and Central America with ten contracts and a 3.5% share and in fifth place was Middle East and Africa with three contracts and a 1.1% share.

Wind technology contracts in Q1 2021: Top issuers by capacity

The top issuers of contracts in Wind technology for the quarter in terms of power capacity involved were:

  1. New York State Energy Research & Development Authority (United States): 2,490MW from one contract
  2. Solar Energy Corporation of India (India): 1,200MW from four contracts
  3. Pattern Energy Group (United States): 1,050MW capacity from one contract.

Wind technology contracts in Q1 2021: Top winners by capacity

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

  1. Equinor Wind US L (United States): 2,490MW from one contract
  2. Blattner Energy (United States): 1,395MW from two contracts
  3. JSW Energy (India): 450MW 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.