Nordex Group expanded in the U.S. in 2017, to 11%

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DGAP-News: Nordex SE / Key word(s): Market Report

08.02.2018 / 10:54
The issuer is solely responsible for the content of this announcement.



Nordex Group expanded in the U.S. in 2017, to 11%

Over 800 MW in four U.S. projects connected to grid
 

Hamburg, 8 February 2018. The Nordex Group closed the year 2017 with a robust installation performance in the United States of America. Last year the manufacturer connected some 260 turbines with a total capacity of 806 megawatts to the grid for its customers in the U.S. According to a publication by the American Wind Energy Association (AWEA), this corresponds to around 11 per cent market share; as a result, Nordex now ranks in fourth position among international OEMs.

In total, the US Wind industry installed 7,017 megawatts, coming in below the 8,203 MW installed in 2016. However, according to the annual statements in the fourth quarter of 2017, the installed capacity, at 4,125 megawatts, once again increased substantially as usual.

The US projects currently under construction include two large wind farms of Nordex that will collectively comprise a capacity of approximately 520 megawatts. The manufacturer is building both projects for energy utilities based in the U.S. and expect to grow installations this year again.
 

About the Nordex Group
The Group has installed wind power capacity of more than 21 GW in over 25 markets, generating sales of EUR 3.4 billion in 2016. It currently has roughly 5,000 employees. The production network comprises plants in Germany, Spain, Brazil, the United States and India. The product range primarily concentrates on onshore turbines in the 1.5 - 4.5 MW class addressing the requirements of land constrained as well as grid constrained markets.

Contact for enquiries:

Nordex SE
Ralf Peters
Phone: 049 (0)40 / 300 30 - 1522
rpeters@nordex-online.com



08.02.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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