1,858 upcoming projects · updated daily

Win substation projects before they go to tender.

Transformer stations, grid substations and converter sites worldwide, from announcement and planning to contract award and energization. Stage, kV or MW rating, disclosed capex and the companies behind each site.

See the largest projects

Data as of Nov 6, 2026Updated dailyVerified contacts

#1 by capex

AM - BalWin1 HVDC Substation 2000 MW

Germany

CapEx$3B
Capacity2,000 MW
Companies4

StageContract Award

Owner, contractors and contacts
1,858Upcoming projects
304Under construction
$50BCapEx where disclosed
1,112In planning

The pipeline

From first announcement to construction

Of 1,858 upcoming substation projects, 67% are in early stages (announced, study or planning) and 20% are in execution (pre-construction or under construction), carrying $17B of the $50B disclosed capex.

Early stage

1,246

67% of all projects

$18.2B capex

  • Announced105
  • Study29
  • Planning1,112

Design

23

1% of all projects

$215M capex

  • Pre-Design4
  • Design19

Procurement

218

12% of all projects

$14.6B capex

  • Contract Award218

Execution

371

20% of all projects

$17B capex

  • Pre-Construction67
  • Under Construction304

Source: Blackridge Research, Substation Project Tracker. Data as of Nov 6, 2026. CapEx where disclosed.

Coverage

Substation projects by region

Europe leads with 1,525 upcoming substation projects, followed by Middle East (217).

Hover a country for its region's totals.

A project tagged with two regions is counted in each, so regions are never added up. The exact site of every project is in the database.

Where the money is

The 10 largest upcoming substation projects

The ten largest upcoming substation projects by disclosed capex, led by AM - BalWin1 HVDC Substation 2000 MW in Germany at $3B.

1

AM - BalWin1 HVDC Substation 2000 MW

GermanyContract Award2,000 MW

$3B
2

NGET - Woolavington Substation 400/132 kV

United Kingdom (UK)Under Construction400 kV

$1.8B
3

NGET - Letchmore Heath GIS Substation 132kV

United Kingdom (UK)Contract Award132 kV

$1.6B
4

TENNET - BalWin4 Grid Connection 2000 MW

GermanyPlanning2,000 MW

$1.5B
5

GRAVITHY - Fos-sur-Mer Substation 400/33 kV

FranceContract Award400 kV

$920M
6

OSD - Oxley Solar Farm Substation: 330 KV

AustraliaPlanningNot disclosed

$650M
7

APG - Sudburgenland Substation Redevelopment 380 kV

AustriaUnder Construction380 kV

$504M
8

REE - Gatica Substation 400 KV

SpainPlanning400 kV

$400M
9

TenneT - Hochwohrden Substation 380/110 kV

GermanyUnder Construction380 kV

$400M
10

TenneT - Poschendorf Substation 380/110 kV

GermanyUnder Construction380 kV

$400M

Inside every record

Everything you need to act on a project

Each project record follows the project through every stage and names the people behind it, verified and ready to contact.

Stage and timelineEvery step from announcement, study and design to contract award and construction, with dates.

LocationCountry, region, state and site coordinates for each project.

Ratings and EquipmentkV and MVA ratings, GIS or AIS design and the transformer and switchgear packages.

CapEx and fundingProject value where disclosed, plus financing and investment decisions as they happen.

Companies involvedOwners, EPCs, consultants and suppliers, with their role on the project.

Verified contactsNames, titles, emails and phone numbers of the people behind each project.

Sample layout. Names and contact details are hidden until you start a trial.

Built for the industry

Who uses the Substation Project Tracker

Owners and Developers

Competitor tracking and pipeline benchmarking across markets.

EPCs and Contractors

Find projects before tenders open and reach the decision makers.

Equipment Suppliers

Spot packages to bid on, by country, stage and project size.

Investors and Consultants

Market sizing, due diligence and the capital pipeline behind the sector.

FAQ

Questions teams ask

Anything else? Start a trial and our team will walk you through the data.

What is the Substation Project Tracker?

It is a database of upcoming transformer station and substation projects, built by Blackridge Research & Consulting. It currently tracks 1,858 upcoming projects, each with its stage, location, voltage or MW rating where reported, disclosed capex and the companies involved.

How many substation projects are under construction?

304 of the 1,858 tracked projects are under construction and another 218 have reached contract award. Planning is the largest stage, with 1,112 projects (60% of the pipeline).

How much capex do these substation projects represent?

Projects that disclose a budget add up to $50.0B in capex. Many substation projects do not publish a cost, so this is disclosed capex only, not the full value of the pipeline.

Which regions have the most substation projects?

Europe leads, with 1,525 projects in or touching the region, followed by the Middle East (217) and North America (95). A project can belong to more than one region, so regional counts overlap.

What is the largest upcoming substation project by capex?

AM - BalWin1 HVDC Substation 2000 MW in Germany, rated 2,000 MW, with $3.0B in disclosed capex. It is at the Contract Award stage.

Does the tracker give total substation capacity?

No. Projects are rated in kV (voltage) or MW (power), which cannot be added together, so the tracker shows each project's own rating with its unit instead of a total.

How do I get access?

Request a free trial with the form on this page. Our team sets up your access and walks you through the data, usually within one business day.

Get started

Start tracking the substation pipeline today

The Substation Project Tracker follows 1,858 upcoming substation projects worldwide, 304 of them under construction, with $50B in disclosed capex and daily verified updates.

  • All 1,858 upcoming substation projects, with stage and capex
  • Owners, contractors and verified contacts on every project
  • Alerts on stage changes, tender awards and new projects

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