Renewable energy auctions in H2 2019 totalled 21, marking a rise of 91% compared with 11 auctions in H2 2018, according to GlobalData’s power database.

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The H2 total for renewable energy auctions was up 110% year on year compared with the total of ten auctions in H1 2019.

Renewable energy auctions in H2 2019: Europe leads global activity

On comparing renewable energy auctions in different regions of the globe, Europe held the top position with 13 auctions and a share of 61.9% during H2 2019, followed by Asia-Pacific with six auctions and a 28.6% share and Middle East and Africa with one auction and a 4.8% share.

In fourth place was South and Central America with one auction and a 4.8% share.

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Solar is top technology area for renewable energy auctions in H2 2019

Looking at renewable energy auctions divided by the type of technology, Solar accounted for the largest proportion with 13 auctions and a 43.3% share, followed by Wind with 12 auctions and a 40% share and Biopower with four auctions and a 13.3% share.

Renewable energy auctions in H2 2019: Top companies by auctioned capacity

  1. Bundesnetzagentur (Germany): 3,550MW from ten auctions
  2. Solar Energy Corporation of India (India): 2,700MW from two auctions
  3. Maharashtra State Electricity Distribution (India): 1,550MW from two auctions.

All publicly-announced renewable energy auctions (also known as demand auctions or procurement auctions) 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.

The database contains renewable energy auction details which are of interest for power sector players such as renewable energy developers, EPC companies, equipment suppliers, O&M service providers and renewable energy consultants among others.

More in-depth reports and analysis on all reported renewable energy auctions are available for subscribers to GlobalData’s Power database.