Smart grid contracts in Q3 2019 saw 24 contracts announced, marking a drop of 8% over the last four-quarter average of 26, according to GlobalData’s power industry contracts database.
In a statement, the research firm noted that the tracked proportion of contracts by category in the quarter was as follows:
- Supply & Erection: 22 contracts and a 91.7% share
- Project Implementation: one contract and a 4.2% share
- Repair, Maintenance, Upgrade & Others: one contract and a 4.2% share
Europe leads smart grid activity in Q3 2019
Comparing contracts activity in the smart grid segment in different regions of the globe, Europe held the top position with nine contracts and a share of 37.5% during Q3 2019, followed by North America with eight contracts and a 33.3% share and Asia-Pacific with six contracts and a 25% share.
Solar is leading technology for smart grid contracts in Q3 2019
Among the technologies, solar accounted for five contracts with a 62.5% share, followed by wind with two contracts and a 25% share and thermal with one contract and a 12.5% share.
Smart grid contracts in Q3 2019: Top companies by capacity
The top issuer of smart grid contracts for the quarter in terms of power capacity involved was: The University of Massachusetts (United States) with 1MW from one contract.
Smart grid contracts in Q3 2019: Top winners by capacity
The top winner of contracts for the quarter in terms of power capacity involved was: Enel X North America (United States) with 1MW from one contract.