Nordex Grows in Germany

Hamburg - The Nordex Group installed 267 wind turbines in its domestic market Germany in 2016 (2015: 176 units).

This growth of around 50 percent slightly exceeded the internal budget. As the capacity of these turbines also rose, installed capacity climbed by an even sharper 58 percent over the previous year to 691 MW (2015: 437 MW). Average capacity per wind power system increased to around 2.6 MW (2015: 2.5).

Nordex outperformed the industry as a whole, which posted gains of almost 24 percent to 4,625 MW (2015: 3,730 MW). This strong market development was driven by the adoption of an auction model for the remuneration of new projects. Consequently, Nordex

Source: IWR Online, 07 Feb 2017