Solar technology contracts activity rises 14% in 2019
North America solar technology contracts in Q2 2019 saw 84 contracts announced, marking a rise of 14% over the last four-quarter average of 74, according to GlobalData’s power industry contracts database.
The proportion of solar technology contracts by category tracked by GlobalData in the quarter was as follows:
- Power Purchase Agreement with 38 contracts and a 45.2% share
- Project Implementation: 31 contracts and a 36.9% share
- Supply & Erection: ten contracts and an 11.9% share
- Electricity Supply: three contracts and a 3.6% share
- Consulting & Similar Services: one contract and a 1.2% share
- Repair, Maintenance, Upgrade & Others: one contract and a 1.2% share.
The US was the top country in the North America region for solar technology contracts recorded in Q2 2019 with 78 contracts and a 92.9% share, followed by Mexico with four contracts and a 4.8% share and Canada with two contracts and a 2.4% share.
The top issuers of contracts for the quarter in terms of power capacity involved in North America were:
- NV Energy (United States): 475MW from one contract
- Ball (United States): 388MW from one contract
- Longroad Energy Holdings (United States): 379MW capacity from one contract.
The top winners of contracts for the quarter in terms of power capacity involved in North America were:
- 8minute Solar Energy (United States): 475MW from one contract
- Duke Energy Renewables (United States): 388MW from one contract
- Swinerton Renewable Energy (United States): 379MW capacity from one contract.
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