Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTNordex's orders intake swells to 7.95 GW in 2021
Nordex N131/3600 wind turbine. Image by Nordex SE.
January 18 (Renewables Now) - German wind turbine maker Nordex SE (ETR:NDX1) has received 7.95 GW of orders in the past year, registering a 32.1% year-on-year increase after a strong fourth quarter.
The manufacturer said on Tuesday it has secured orders for 1,636 wind turbines in 2021, with machines from the Delta4000 series accounting for 83% of the total. In the year-ago period, Nordex’s orders were for 1,331 machines with a combined capacity of 6.02 GW.
In 2021, deals from clients in Europe represented 58% of the company’s order intake in the reporting period that saw orders come from 16 European countries. The largest markets in the old continent were Germany, Finland, France, Poland and Turkey. Latin America, Australia and the US accounted for 21%, 12% and 9%, respectively.
Customers ordered 678 turbines totalling 3.3 GW in the fourth quarter of 2021, up from 2.3 GW a year back. The strong demand was in line with expectations.
"Provided the macro environment evolves as encouraging as expected, we continue to see good prospects for our products [..]," said Jose Luis Blanco, CEO of the Hamburg-based company.
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