Business World of Renewable Energy

IWR Reuters News Center RTL 103 0347 1280 256

Wind Energy: Nordex Continues To Record High Order Intake

Hamburg, Germany - Wind turbine manufacturer Nordex received new orders for 229 turbines with a total capacity of 1,165 MW in the first quarter of 2022. This is just below the previous year's level (Q1 2021: 1,247 MW).

According to Nordex, the share of efficient and high-margin Delta4000 wind turbines amounted to 91 percent in the first three months of 2022 (Q1 2021: 73 percent).

The Nordex Group received orders from ten European countries. Overall, the European region thus accounted for 89 percent of total order intake. The largest individual European markets were Finland, Germany and Croatia. The Latin American region accounted for eleven percent.

Nordex stock is currently trading at around EUR 16.70.

Source: IWR Online, 21 Apr 2022