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Nordex Achieves Substantial Order Growth in the First Quarter of 2020

Hamburg, Germany - The Nordex Group closed the first quarter of 2020 with high order receipts. Compared with the same quarter of the previous year, orders were up substantially. Despite the corona pandemic, turbine construction is also continuing.

Delta4000 series accounts for 85 percent of the turbine output in demand

The Nordex Group has closed the first quarter of 2020 with an order intake of 1.644 GW, increasing the volume of firm orders in a year-on-year comparison by almost 59 per cent (Q1/2019: 1.035 GW). At around 1,292 MW, demand in Europe was particularly high, accounting for almost 79 per cent of total order volume. The strongest individual markets were Norway, Great Britain, Turkey and Finland. In Norway alone, the Nordex Group secured a large order for the new N149/5.X turbine with a total volume of 400 MW. Orders from South America were also positive, amounting to 269 MW in Chile, and 83 MW in Brazil.

“With more than 1.6 gigawatts of order intake in the first quarter, the Nordex Group has once again shown very good and stable order intake; this is the result of our successful product strategy”, said José Luis Blanco, CEO of the Nordex Group. With 1.4 gigawatts, the Delta4000 series alone accounted for 85 per cent of the turbines sold. Particularly pleasing is the high proportion of new 5MW+ class turbines introduced in 2019, with 93 turbines alone sought in this category, Blanco added.

Mega order from Norway among the orders

Among the latest orders that contributed to the increased order intake in the first quarter of 2020 are two orders from Norway. The Nordex Group has received a large order for 400 MW from Norway using wind turbines in the 5 MW+ class. The Nordex Group will supply and install 72 N149/5.X turbines at the "Øyfjellet" wind farm for a German investor. Following completion of the project in autumn 2021, the Nordex Group will be responsible for full maintenance of the wind turbines on the basis of a Premium Service contract for a minimum period of 20 years, with options to extend this contract up to a total of 30 years.

The other order from Norway comprises the supply of nine N149/5.X turbines with a rated power of 5 MW+ for the "Lutelandet" wind farm. The project was developed by Vestavind Kraft and is owned by Lutelandet Energipark AS, a daughter of the Norwegian municipal utility, SFE Produksjon AS; with its main business area in power generation. The order also includes a Premium Service contract with a production-based availability warranty. The term of the Service contract is five years, with the option to extend the agreement on the same terms and conditions for up to four additional periods of five years.



Source: IWR Online, Apr 04 2020