October 22, 2020 (Investorideas.com Newswire) Europe power industry contracts activity in Q3 2020 saw 540 contracts announced, marking a rise of 21% over the last four-quarter average of 447, according to GlobalData’s power database.
Europe power industry contracts in Q3 2020: Ireland leads activity
Looking at contracts by country, Ireland led the activity in Q3 2020 with 94 contracts and a share of 17.4%, up 16.9% over the previous quarter and up 9300% when compared with the last four-quarter average, followed by the UK with 72 contracts and a share of 13.3% and Greece with 54 contracts and a share of 10% during the quarter.
Looking at the last four-quarter average, France held the top spot with 139 contracts, followed by the UK with 40 and Spain with 30 contracts.
Solar is top technology area for contracts in Q3 2020
Looking at contracts divided by the type of technology, solar accounted for the largest proportion with 186 contracts and a 44.9% share, followed by wind with 160 contracts and a 38.6% share and thermal with 36 contracts and an 8.7% share.
Looking at power industry contracts divided by segment as tracked by GlobalData, Power Plant was the most popular segment in Europe power contracts activity during Q3 2020, with 231 contracts, followed by Generation Equipment (124) and T&D Equipment (101).
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
Power contracts in Q3 2020: Top issuers by capacity
The top issuers of contracts for the quarter in terms of power capacity involved in Europe were:
For more information
To gain access to our latest press releases: GlobalData Media Centre
Analysts available for comment. Please contact the GlobalData Press Office:
EMEA & Americas: +44 (0)207 832 4399
Asia-Pacific: +91 40 6616 6809
Notes to Editors
All publicly-announced contracts 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.
4,000 of the world's largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make timelier 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.
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com