Global Wind Technology Tenders Down 26 percent in Q3 2019

Wind technology tenders activity in Q3 2019 saw a drop of 26 percent over the last four-quarter average of 58.

Wind technology tenders activity in Q3 2019 saw 43 tenders announced, marking a drop of 26 percent over the last four-quarter average of 58, according to a new analysis.

According to GlobalData’s power industry tenders database onshore was the top category in wind technology in terms of number of tenders for the quarter, accounting for 32 tenders and a 76.2 percent share, followed by offshore with ten tenders and a 23.8 percent share.

Looking at global power tenders activity divided by the type of technology, the wind held the fourth position in terms of the number of tenders during Q3 2019 with a 5.2 percent share.

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

• Project Implementation: 16 tenders and a 37.2 percent share
• Power Purchase Agreement: 11 tenders and a 25.6 percent share
• Consulting & Similar Services: six tenders and a 14 percent share
• Electricity Supply: five tenders and an 11.6 percent share
• Repair, Maintenance, Upgrade & Others: three tenders and a 7 percent share
• Supply & Erection: two tenders and a 4.7 percent share.

Comparing tenders activity in wind technology in different regions of the globe, Europe held the top position with 15 tenders and a share of 34.9 percent during Q3 2019, followed by Asia-Pacific with 12 tenders and a 27.9 percent share and North America with ten tenders and a 23.3 percent share. In fourth place was South and Central America with four tenders and a 9.3 percent share and in fifth place was the Middle East and Africa with two tenders and a 4.7 percent share.

The top issuers of tenders in the sector for the quarter in terms of power capacity involved were:

1. Urzad Regulacji Energetyki (Poland): 2,500MW from one tender,
2. Solar Energy Corporation of India (India): 2,400MW capacity from two tenders,
3. Connecticut Department of Energy and Environmental Protection (United States): 2,000MW from one tender.