Nordex Group receives orders of 888 megawatts in the second quarter of 2020
DGAP-News: Nordex SE / Key word(s): Incoming Orders Nordex Group receives orders of 888 megawatts in the second quarter of 2020 Hamburg, 16 July 2020. The Nordex Group was able to obtain numerous firm orders in the second quarter of 2020 despite the difficult circumstances created by the coronavirus pandemic. From April to June, customers ordered 217 wind turbines for projects with a combined output of 888.0 megawatts (MW) (Q2 2019: 2,003.3 MW). The intake of firm orders in the Projects segment (excluding the service business) reached a volume of 2,531.9 MW in the first half of 2020 (H1 2019: 3,038.4 MW). Europe accounted for 83 percent of the order intake in the second quarter of 2020, with major projects in Spain and Ireland contributing to this share. Further orders were placed in Brazil (Latin America region: 17 percent). New business is clearly dominated by the current Delta4000 series of turbines: In the second quarter of 2020, around 65 percent of the orders were attributable to the various types of turbines on this platform; in the first half of 2020 the share was 79 percent overall. José Luis Blanco, CEO of the Nordex Group, commented: ”The global economy continues to be severely impacted by the coronavirus pandemic – as are we, our customers and suppliers, of course. It is therefore all the more gratifying that our customers are consistently moving ahead with their projects and preparing for the growing global demand for renewable energy. As a result, we expect to see strong demand for our turbines and services in the second half of the year as well.” About the Nordex Group Contact for inquiries: Nordex SE Investor contact: 16.07.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Nordex SE |
Erich-Schlesinger-Straße 50 | |
18059 Rostock | |
Germany | |
Phone: | +49 381 6663 3300 |
Fax: | +49 381 6663 3339 |
E-mail: | info@nordex-online.com |
Internet: | www.nordex-online.com |
ISIN: | DE000A0D6554 |
WKN: | A0D655 |
Indices: | SDAX, TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1094685 |
End of News | DGAP News Service |
THE NORDEX GROUP
The Nordex Group
The Group has installed more than 29 GW of wind energy capacity in over 40 markets and in 2019 generated revenues of EUR 3.3 billion. The company currently employs a workforce of approx. 7,900. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States, India, Argentina and Mexico. The product portfolio is focused on onshore turbines in the 2.4 to 5.X MW class, which are tailor-made for the market requirements in countries with limited space and regions with limited grid capacity.