Asia-Pacific wind technology contracts in Q2 2019 saw 47 contracts announced, demonstrating a 13% drop over the last four-quarter average of 54, according to GlobalData’s power industry contracts database.
Furthermore, the onshore wind technology category came out on top in terms of number of contracts for the quarter in Asia-Pacific, accounting for 32 contracts and a 68.1% share, followed by offshore with 15 contracts and a 31.9% share.
The proportion of wind technology contracts by category tracked by GlobalData in the quarter was as follows:
- Project implementation with 18 contracts and a 38.3% share
- Supply and erection: 15 contracts and a 31.9% share
- Power Purchase Agreement: six contracts and a 12.8% share
- Electricity supply: five contracts and a 10.6% share
- Consulting and similar services: three contracts and a 6.4% share.
In terms of regional breakdown, India saw the most contracts recorded in Asia-Pacific, 18 wind technology contracts recorded marking a 38.3% share in Q2 2019.
Taiwan came in second place with 12 contracts and 25.5% share, followed by Australia with seven contracts and a 14.9% share.
The top issuers of contracts for the quarter in terms of power capacity involved in Asia-Pacific were:
- Solar Energy Corporation of India (India): 1,080MW from five contracts
- Taiwan Power (Taiwan): 900MW from one contract
- South Bihar Power Distribution and North Bihar Power Distribution: 800MW capacity from one contract.
The top winners of contracts for the quarter in terms of power capacity involved in Asia-Pacific were:
- Solar Energy Corporation of India (India): 2,410MW from five contracts
- Dongfang Electric Wind Power Co. (China): 1,100MW from one contract
- Orsted (Denmark): 900MW capacity from one contract.
Source: This article was originally published on our sister website Power Engineering International