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Europe leads wind contract activity

By Clarion Energy Editors

Wind technology contracts activity in July saw 53 contracts announced, marking a drop of 32 per cent over the last 12-month average of 78, according to data and analytics company GlobalData.

Onshore was the top category in wind technology in terms of number of contracts for the month, accounting for 35 contracts and a 66 per cent share, followed by offshore with 17 contracts and a 32.1 per cent share. Onshore repowered farms stood in third place with one contract and a 1.9 per cent share.

Looking at global power contracts activity divided by the type of technology, wind held the second position in terms of number of contracts during July 2019 with a 29 per cent share.

The proportion of contracts by category in the wind technology tracked by GlobalData in the month was as follows:

·        Supply and erection: 21 contracts and a 39.6 per cent share

·        Project implementation: 19 contracts and a 35.8 per cent share

·        Power Purchase Agreement: ten contracts and an 18.9 per cent share

·        Repair, maintenance, upgrade and others: one contract and a 1.9 per cent share

·        Consulting and similar services: one contract and a 1.9 per cent share

·        Electricity supply: one contract and a 1.9 per cent share

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 24 contracts and a share of 45.3 per cent during July 2019, followed by North America with 14 contracts and a 26.4 per cent share and Asia-Pacific with eight contracts and a 15.1 per cent share.

In fourth place was South and Central America with four contracts and a 7.5 per cent share and in fifth place was Middle East and Africa with three contracts and a 5.7 per cent share.

The top issuers of contracts in wind technology for the month in terms of power capacity involved were EDF Renewables North America with 514 MW from two contracts; Plambeck Emirates with 500 MW from one contract; and EDF Renewables (US) and Abu Dhabi Future Energy with 415.8 MW capacity from one contract

The top winners of contracts for the month in terms of power capacity involved were Infrastructure and Energy Alternatives in the US with 514 MW from two contracts; Saipem in Italy with  500 MW from one contract; and Vestas Mediterranean in Spain with 415.8 MW capacity from one contract.

This article was originally published on ESI-Africa.com.

Link to the original source: https://www.powerengineeringint.com/articles/2019/08/europe-leads-wind-contract-activity.html

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