NewsQ2 Power Plant Tender Activity For Middle East Down By 23%

Q2 Power Plant Tender Activity For Middle East Down By 23%

There were 30 power plant tenders announced in the Middle East and Africa region in Q2 2020, marking a drop of 23% over the last 12-month average of 39, according to GlobalData’s power industry tenders database.

Growatt

Power Plant stood at first place when compared with other power tender categories in the Middle East and Africa region in Q2 2020 with 30 tenders and a 33.3% share, followed by T&D Project with 23 tenders and a 25.6% share and T&D Equipment with 19 tenders and a 21.1% share during the quarter.

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

  1. Project Implementation: 17 tenders and a 56.7% share
  2. Consulting & Similar Services: seven tenders and a 23.3% share
  3. Repair, Maintenance, Upgrade & Others: six tenders and a 20% share.

Looking at power plant tenders by the type of technology in the Middle East and Africa region, solar accounted for 17 tenders with a 54.8% share, followed by thermal with six tenders and a 19.4% share and hydro with six tenders and a 19.4% share.

Also Read  Ducab Appoints Matteo Bavaresco as Group CEO to Drive Global Expansion

Solar is top technology for Middle East and Africa power plant tenders in Q2 2020


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