Nordex in Germany has installed a much larger number of wind turbines (267 units) in 2016 than in the previous year (176 in 2015). This growth of approximately 50% has slightly exceeded the internal budget.
Since these turbines have a greater capacity, the increase in installed capacity has been even more pronounced, standing at 691 MW, 58% more than the previous year (2015: 437 MW). The average capacity per wind power system has increased to about 2.6 MW (2015: 2.5).
Generally speaking, Nordex in Germany has surpassed the sector as a whole, which with 4625 MW recorded an increase close to 24% (3730 MW in 2015). The adoption of the auction as a model for new projects remuneration has given a strong impetus to the market development. Thus, Nordex’s market share increased to approximately 15% (2015: 12%).
Nordex in Germany: record of installation in 2017
Nordex in Germany, has particularly benefited from the solid position it occupies in the field of efficient turbines designed for low winds (IEC3). In fact, it installed more than 40% of its turbines in the four southern German states: Bavaria, Baden-Württemberg, Rheinland Palatinate and Saarland. At the same time, the share of the more recent 3 MW platforms doubled to over 25% (2015: 12%).
“This year we will reach a new record of installations thanks to the important order book of 2016,” says Jörg Hempel, head of Nordex’s business in Germany. Last year, Nordex’s order backlog in Germany grew around 28%, amounting EUR to 1.170 million.
Nordex also grows in the Americas
The acquisition of Acciona Windpower has boosted Nordex’s growth in South and North America. In total, the orders to the Group increased last year by 33.6%. The company has met its 2016 working capital ratio targets.
Orders to the Nordex Group reached 3.300 million euros in 2016 when in 2015 they amounted to 2.470 million euros. It is clear that the geographic distribution of last year’s orders reflects the expansion of Nordex market presence planned following the acquisition of Acciona Windpower on April 1, 2016.
Thus, the proportion of orders from South and North America increased by 34% the total order intake of 2016, which in 2015 was 10%. Orders from South America countries amounted to 560 million euro and those of the United States to 550 million euro.