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Nordex’s turbine order intake drops to 1 GW in Q1

admin by admin
April 16, 2023
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Nordex’s turbine order intake drops to 1 GW in Q1
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German wind turbine maker Nordex SE (ETR:NDX1) closed the first quarter of 2023 with an order intake of 1,021 MW, around 12.4% below the year-ago total of 1,165 MW.

The manufacturer booked orders for 177 turbine generators in January-March, it said on Thursday. The deals were placed by customers in eight European countries, with the largest volumes coming from Estonia, Germany and Lithuania.

“In the first quarter of the year, we received a solid order intake in our core European market, meeting good demand, especially in the Baltic States,” said CEO Jose Luis Blanco.

The average selling price (ASP) per megawatt of capacity stood at EUR 900,000 (USD 995,300) and was significantly higher than the EUR 780,000 per MW registered in the first quarter of 2022.

As of end-March, Nordex has installed around 44 GW of wind turbine capacity in over 40 markets globally. Its production facilities are located in Germany, Spain, Brazil, the US, India and Mexico.

(EUR 1.0 = USD 1.106)

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