DGAP-News: Nordex SE / Key word(s): Market Report
07.02.2017 / 11:59
Nordex grows in Germany and gains market share
Nordex outperformed the industry as a whole, which posted gains of almost 24% to 4,625 MW (2015: 3,730 MW). This strong market development was driven by the adoption of an auction model for the remuneration of new projects. Consequently, Nordex’s market share increased to around 15% (2015: 12%).
Nordex particularly benefited from its strong position in efficient turbines designed for light-wind regions (IEC3). Thus, more than 40% of its turbines were installed in the four southern German states of Bavaria, Baden-Württemberg, Rhineland-Palatinate and Saarland. At the same time, the share of the more recent 3-MW platform doubled to over 25% (2015: 12%).
« This year we will achieve a new installation record thanks to the strong order intake in 2016, » says Jörg Hempel, who is responsible for Nordex’s German business. Last year, Nordex’s order intake in Germany rose by around 28% to EUR 1.17bn.
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