First Place in BWE Service Survey: Nordex Signs New Service Contracts For 8,500 MW Worldwide in 2024

Hamburg, Germany - Wind turbine manufacturer Nordex has signed 227 new service contracts for 8,500 MW of wind power capacity worldwide. All contracts are long-term premium service contracts for more than 1,500 turbines, Nordex announced.

Expiring service contracts for a total of 800 turbines with 2,150 MW were extended, with a renewal rate of more than 85 percent.

In the annual service survey of members of the German Wind Energy Association (BWE), Nordex once again came top. Service performance in the core German market has continued to improve.

“The increased participation rate in the survey highlights the growing engagement and satisfaction among our clients with the Nordex Group's service. The feedback from this survey is invaluable as it not only reaffirms our current strategies but also guides our future initiatives,” says Volker Bartolles, Director of Service Germany at the Nordex Group.

Nordex shares are trading at around EUR 11.50 in morning trading.

Source: IWR Online, 14 Feb 2025