The proportion of contracts by category tracked by GlobalData in the third quarter of 2019 was as follows:
- Supply & Erection: 11 contracts and a 47.8% share
- Power Purchase Agreements: five contracts and a 21.7% share
- Project Implementation: four contracts and a 17.4% share
- Consulting & Similar Services: two contracts and an 8.7% share
- Repair, Maintenance, Upgrade and Others: one contract and a 4.3% share.
Comparing contracts activity in the energy storage segment in different regions of the globe, North America held the top position with 12 contracts and a share of 52.2% during Q3 2019, followed by Asia-Pacific with four contracts and a 17.4% share and Europe with four contracts and a 17.4% share.
Solar leading technology for energy storage contracts
Among the technologies, solar accounted for 13 contracts with a 72.2% share, followed by wind with three contracts and a 16.7% share and thermal with two contracts and an 11.1% share.
The top issuers of energy storage contracts for the quarter in terms of power capacity involved were:
- City of San Jose (United States): 110MW from one contract
- New York Power Authority (United States): 20MW from one contract
- East Bay Community Energy (United States): 7.5MW capacity from two contracts.
- The top winners of contracts for the quarter in terms of power capacity involved were:
- EDP Renewables North America (United States): 110MW from one contract
- O’Connell Electric (United States): 20MW from one contract
- esVolta (United States): 7MW capacity from one contract. (mfo)
