Global wind power contracts down 28 per cent in Q3 2019: GlobalData

wind

Wind technology contracts activity in Q3 2019 saw 171 contracts announced, marking a drop of 28 per cent over the last four-quarter average of 237, according to GlobalData’s power industry contracts database.

Onshore was the top category in wind technology in terms of number of contracts for the quarter, accounting for 128 contracts and a 75.3 per cent share, followed by Offshore with 41 contracts and a 24.1 per cent share. Onshore Repowered stood in third place with one contract and a 0.6 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 Q3 2019 with a 25.6 per cent share.

Related article: Barker Inlet Power Station now generating power

The proportion of contracts in the quarter was as follows:

  1. Supply & erection: 71 contracts and a 41.5 per cent share
  2. Project implementation: 40 contracts and a 23.4 per cent share
  3. Power purchase agreement: 39 contracts and a 22.8 per cent share
  4. Consulting & similar services: 15 contracts and an 8.8 per cent share
  5. Electricity supply: three contracts and a 1.8 per cent share
  6. Repair, maintenance, upgrade & others: three contracts and a 1.8 per cent share.

Europe leads wind contracts activity in Q3 2019

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 71 contracts and a share of 41.5 per cent during Q3 2019, followed by North America with 52 contracts and a 30.4 per cent share and Asia-Pacific with 28 contracts and a 16.4 per cent share.

In fourth place was South and Central America with 15 contracts and an 8.8 per cent share and in fifth place was Middle East and Africa with five contracts and a 2.9 per cent share.

Related article: Energy jobs on offer in remote Queensland

Wind technology contracts in Q3 2019: Top companies by capacity

The top issuers of contracts in Wind technology for the quarter in terms of power capacity involved were:

  1. Monterey Bay Community Power (United States): 1000MW from one contract
  2. AT&T (United States): 960MW from two contracts
  3. EDF Renewables North America (United States): 514MW capacity from two contracts.

Wind technology contracts in Q3 2019: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved were:

  1. Infrastructure and Energy Alternatives (United States): 1316MW from five contracts
  2. Castle Wind (United States): 1000MW from one contract
  3. Invenergy (United States): 800MW capacity from one contract.