Smart grid tenders up 2% in Q3 2020
Smart grid tenders in Q3 2020 saw 47 tenders announced
10 Nov 20 by Engerati
Smart grid tenders in Q3 2020 saw 47 tenders announced, marking a rise of 2% over the last four-quarter average of 46, according to GlobalData’s power industry tenders database.
The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 36 tenders and a 76.6% share
- Repair, Maintenance, Upgrade & Others: five tenders and a 10.6% share
- Consulting & Similar Services: three tenders and a 6.4% share
- Project Implementation: three tenders and a 6.4% share.
Asia-Pacific leads smart grid activity in Q3 2020
Comparing tenders activity in smart grid segment in different regions of the globe, Asia-Pacific held the top position with 15 tenders and a share of 31.9% during Q3 2020, followed by Europe with 15 tenders and a 31.9% share and North America with 13 tenders and a 27.7% share.
Solar is leading technology for smart grid tenders in Q3 2020
Among the technologies, solar accounted for five tenders with an 83.3% share, followed by thermal with one tender and a 16.7% share.
Smart grid tenders in Q3 2020: Top issuer by capacity
The top issuer of smart grid tenders for the quarter in terms of power capacity involved was: Alternative Energy Promotion Center (Nepal) with 0.12MW from one tender
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