Nordex Group generates order intake of 6.3 GW in the fiscal year 2022

Hamburg, 17 January 2023. The Nordex Group recorded a continued momentum in its order booking in the fourth quarter in a challenging market environment. Including many unannounced projects in the last quarter, order intake for the full year reached a total of 1,235 wind turbines with a nominal capacity of 6.33 gigawatts (GW). This is in comparison to the order intake of 1,636 wind turbines with a capacity of 7.95 GW in the previous year, which also included a major order of 1 GW from Australia.

Order intake in the 4^th Quarter of 2022
The fourth quarter accounted for 386 wind turbines (Q4 2021: 678) with a total output of 1.9 GW (Q4 2021: 3.3 GW). The average sales price in euros per megawatt of capacity (ASP) was significantly higher than in the same quarter of the previous year at EUR 0.89 million/MW (Q4/2021: EUR 0.74 million/MW).

Orders in the final quarter of 2022 (in MW) were distributed as follows: 81 percent, and thus the largest share, was in Europe, 11 percent in North America and 8 percent in Latin America. From a total of eleven countries Turkey, Germany and Canada represented the largest individual markets.

Order intake for the full year 2022
Overall, the Nordex Group received orders from 20 countries in 2022. With 14 countries, Europe accounted for 73 percent of total order intake. The largest individual European markets were Germany, Finland, Turkey, Poland and Spain. Four countries contributed 21 percent to the Latin American region, led by Brazil and Colombia. In the North American region Canada and the USA accounted for 6 percent of the orders.

«As expected, we continued to see strong order intake momentum during the fourth quarter and this came with higher turbine prices than in the previous year. In addition to numerous orders from markets, in which Nordex already has an established presence, I am pleased that we also convinced customers in Canada again after several years. In particular, our high-performance turbine types from the 5 MW and our new 6 MW class continued to meet robust demand,» says José Luis Blanco, CEO of the Nordex Group.

The Nordex Group- a profile

The Group has installed more than 41 GW of wind energy capacity in over 40 markets and in 2021 generated revenues of EUR 5.4 billion. The company currently employs a workforce of approx. 9,000. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States, India and Mexico. The product portfolio is focused on onshore turbines in the 4 to 6.X MW class, which are tailor-made for the market requirements of countries with limited space and regions with limited grid capacity.

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Nordex SE

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