Power plant contracts in Q4 2021 saw 428 contracts announced, marking a drop of 9% over the last four-quarter average of 472, according to GlobalData’s power industry contracts database.

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

  1. Project Implementation: 363 contracts and an 84.8% share
  2. Consulting & Similar Services: 34 contracts and a 7.9% share
  3. Power Purchase Agreement: 17 contracts and a 4% share
  4. Repair, Maintenance, Upgrade & Others: 14 contracts and a 3.3% share.

Asia-Pacific leads power plant activity in Q4 2021

Comparing contracts activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 167 contracts and a share of 39% during Q4 2021, followed by Europe with 161 contracts and a 37.6% share and Middle East and Africa with 45 contracts and a 10.5% share.

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Solar is leading technology for power plant contracts in Q4 2021

Among the technologies, solar accounted for 254 contracts with a 58.1% share, followed by wind with 112 contracts and a 25.6% share and thermal with 26 contracts and a 5.9% share.

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 were:

  1. Copenhagen Infrastructure Partners KS (Denmark): 10,000MW from one contract
  2. Ministry for the Ecological Transition and Demographic Challenge (Spain): 3,123.88MW from 91 contracts
  3. Department of Energy, South Africa (South Africa): 2,331MW capacity from 19 contracts.

Power plant contracts in Q4 2021: Top winners by capacity

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

  1. Acciona (Spain), Boskalis (Netherlands), DEME Group (Belgium) and MT Hojgaard Holding (Denmark): 10,000MW from one contract
  2. China Energy Engineering Group Planning and Engineering (China): 5,442.54MW from 22 contracts
  3. H1 Holdings (South Africa): 1,911MW capacity from 16 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.