Wind technology contracts in the second quarter of 2019 saw 236 contracts announced, marking flat growth over the last fourth-quarter average of 237, according to leading data and analytics company GlobalData late Wednesday.
The data shows that the onshore wind sector was the top category in wind technology in terms of the number of contracts for the quarter, accounting for 173 with a 73.3% share, followed by offshore with 57 contracts and a 24.2% share.
"Onshore re-powered stood in third place with six contracts and a 2.5% share," the data revealed.
The wind energy sector held the second position out of global power contracts in terms of the number of contracts during the second quarter with a 34.5% share.
According to the data, the proportion of wind technology contracts by category for the quarter was as follows:
- Supply & Erection: 79 contracts and a 33.5% share
- Project Implementation: 68 contracts and a 28.8% share
- Power Purchase Agreements: 49 contracts and a 20.8% share
- Repair, Maintenance, Upgrade & Others: 17 contracts and a 7.2% share
- Consulting & Similar Services: 12 contracts and a 5.1% share
- Electricity Supply: 11 contracts and a 4.7% share.
-Europe leads wind contracts activity in Q2 2019
Europe held the top position with 118 contracts and a share of 50% during the second quarter, followed by North America with 52 contracts and a 22% share, while Asia-Pacific had 47 contracts and a 19.9% share.
The top issuers of contracts in wind technology for the quarter in terms of power capacity were:
- New Jersey Board of Public Utilities (U.S.): 1,100 megawatts (MW) from one contract
- Solar Energy Corporation of India: 1,080 MW from five contracts
- Ministry of Energy and Natural Resources, Turkey: 1,000 MW capacity from two contracts
The top winners of contracts for the quarter in terms of power capacity were:
- Solar Energy Corporation of India: 2,410 MW from five contracts
- Orsted U.S. Offshore Wind and Dongfang Electric Wind Power Co. (China): 1,100 MW from one contract
- Orsted (Denmark): 900 MW from one contract.
By Gulsen Cagatay