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Global power industry tenders: Solar technology up 25% in August 2020


Solar technology tenders activity in August 2020 saw 131 tenders announced, marking a rise of 25% over the last 12-month average of 105, according to GlobalData’s power industry tenders database.

Looking at global power tenders activity divided by the type of technology, solar held the second position in terms of number of tenders during August 2020 with a 37.5% share.

The proportion of tenders by category in the Solar technology tracked by GlobalData in the month was as follows:

  • Project Implementation: 107 tenders and an 81.7% share
  • Supply & Erection: nine tenders and a 6.9% share
  • Repair, Maintenance, Upgrade & Others: six tenders and a 4.6% share
  • Consulting & Similar Services: four tenders and a 3.1% share
  • Power Purchase Agreement: four tenders and a 3.1% share
  • Electricity Supply: one tender and a 0.8% share.

Asia-Pacific leads solar tenders activity in August 2020

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 80 tenders and a share of 61.1% during August 2020, followed by Europe with 23 tenders and a 17.6% share and North America with 16 tenders and a 12.2% share.

In fourth place was Middle East and Africa with nine tenders and a 6.9% share and in fifth place was South and Central America with three tenders and a 2.3% share.

Solar technology tenders in August 2020: Top issuers by capacity

The top issuers of tenders in solar technology for the month in terms of power capacity involved were:

  • Ministry of Climate (Poland): 3,200MW from one tender
  • NTPC (India): 1,070.13MW from two tenders
  • Energy Efficiency Services (India): 279MW capacity from one tender.

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis, and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, technology, energy, financial and professional services sectors.

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