Orders up for German turbine maker Nordex in 4th quarter, full year
Orders increased significantly in the fourth quarter and full fiscal year 2023 compared to the same period of the previous cycle for German windturbine manufacturer Nordex SE, the company said on Tuesday.
For the fourth quarter, order intake was 420 wind turbines with a total output of 2.5 gigawatts or GW, an increase of almost 30% from last year's 386 wind turbines with a total output of 1.9 GW.
The average sales price in euros per megawatt of capacity or ASP was €0.84 million ($0.92 million)/MW compared to €0.89 million/MW.
In the final quarter, 92%, and therefore the largest share, of the orders was attributable to Europe and 8% to the Rest of the world region.
The largest individual markets of the twelve countries were Germany, Sweden and Spain.
In the full year, order intake increased 16% to a total of 7.4 GW with 1,270 wind turbines, from previous year's 6.3 GW with 1,235 wind turbines.
Overall, Nordex received orders from 23 countries in 2023 with an ASP of €0.84 million/MW.
With 19 countries, Europe accounted for 86% of total order intake.
Jose Luis Blanco, chief executive of the Nordex Group, said: "As expected, we booked high amount of orders near the end of the year. ... Our product portfolio is proving to be competitive with stable prices. The large number of small projects with a high rated output - particularly in Germany - has made itself clearly felt."
