Smart grid tenders in Q1 2022 saw 28 tenders announced, marking a drop of 72% over the last four-quarter average of 100, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 25 tenders and an 89.3% share
  2. Repair, Maintenance, Upgrade & Others: two tenders and a 7.1% share
  3. Project Implementation: one tender and a 3.6% share.

Asia-Pacific leads smart grid activity in Q1 2022

Comparing tenders activity in smart grid segment in different regions of the globe, Asia-Pacific held the top position with ten tenders and a share of 35.7% during Q1 2022, followed by Middle East and Africa with seven tenders and a 25% share and Europe with six tenders and a 21.4% share.

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Solar is leading technology for smart grid tenders in Q1 2022

Among the technologies, solar accounted for one tender with a 100% share.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.