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Asia-Pacific solar technology contracts in June 2020 saw 32 contracts announced, marking a drop of 3% over the last 12-month average of 33, according to GlobalData’s power industry contracts database.
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The proportion of solar technology contracts by category tracked by GlobalData in the month was as follows:
- Project Implementation with 13 contracts and a 40.6% share
- Power Purchase Agreement: ten contracts and a 31.3% share
- Supply & Erection: eight contracts and a 25% share
- Consulting & Similar Services: one contract and a 3.1% share.
India tops Asia-Pacific solar power contracts activity
India was the top country in the Asia-Pacific region for solar technology contracts recorded in June 2020 with ten contracts and a 31.3% share, followed by Japan with five contracts and a 15.6% share and Malaysia with five contracts and a 15.6% share.
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Asia-Pacific solar technology contracts in June 2020: Top companies by capacity
The top issuers of contracts for the month in terms of power capacity involved in Asia-Pacific were:
- Solar Energy Corporation of India (India): 10,000MW from eight contracts
- Tenaga Nasional (Malaysia): 490.88MW from five contracts
- Maharashtra State Electricity Distribution (India): 450MW capacity from two contracts.
Asia-Pacific solar technology contracts in June 2020: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved in Asia-Pacific were:
- Adani Green Energy (India): 8,000MW from one contract
- ib vogt (Germany) and ReNew Power Ventures Pvt (India): 400MW from one contract
- SolarPack Corporacion Tecnologica (Spain): 390.88MW capacity from two contracts.
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.
More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.
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