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Middle East and Africa ranks fourth in global solar technology tender activity

A number of 131 solar technology tenders were announced in August 2020. (Image source: PublicDomainPictures/Pixabay)

A number of 131 solar technology tenders were announced in August 2020, according to GlobalData?s power industry tenders database

With nine tenders and a 6.9% share, the Middle East and Africa region was at the fourth place in global solar technology tender activity in August 2020.

In fourth place was Middle East and Africa with nine tenders and a 6.9% share and in fifth place was South and Central America with three tenders and a 2.3% share.

Looking at global power tenders activity divided by the type of technology, solar held the second position in terms of number of tenders during August 2020 with a 37.5% share.

The proportion of tenders by category in the solar technology tracked by GlobalData in the month was as follows:

? Project Implementation: 107 tenders and an 81.7% share

? Supply & Erection: nine tenders and a 6.9% share

? Repair, Maintenance, Upgrade & Others: six tenders and a 4.6% share

? Consulting & Similar Services: four tenders and a 3.1% share

? Power Purchase Agreement: four tenders and a 3.1% share

? Electricity Supply: one tender and a 0.8% share.

? Asia-Pacific leads solar tenders activity in August 2020

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 80 tenders and a share of 61.1% during August 2020, followed by Europe with 23 tenders and a 17.6% share and North America with 16 tenders and a 12.2% share.