More Orders and Stable Prices: Nordex Continues Growth Path in Q3 – Stock in High Demand

Hamburg (Germany) - The Nordex Group has released its order intake figures for the third quarter of 2025 (July to September). Overall, the wind turbine manufacturer reported a strong Q3 2025 with significant growth in order intake. Orders have also increased substantially over the nine-month period. The company’s stock is showing strong performance.

The Nordex Group continues its growth trajectory: with 362 wind turbines sold across 16 countries and a total capacity of over 2,100 MW (2.1 GW), order intake in Q3 2025 rose by around one quarter. A recently reported major order from North America totaling 236 MW demonstrates that demand for high-performance onshore technology remains strong outside Europe as well. Altogether, orders in the first nine months amounted to approximately 6,700 MW (6.7 GW) – an increase of over 30 percent compared to the same period last year.

Order Intake Rises to 6.7 GW – Demand from Europe and North America

In Q3 2025, the Nordex Group sold wind turbines with a total capacity of 2,170 megawatts, representing an increase of around 26 percent compared to the same quarter in 2024 (Q3/2024: 1,726 MW). Total order intake for the first nine months of the year reached 6,661 MW – up 31 percent compared to 5,083 MW in the same period in 2024. From July to September 2025, customers ordered a total of 362 wind turbines for projects in 16 countries, with most orders coming from Europe – especially Germany – and North America, particularly Canada. The average selling price in euros per megawatt of capacity (ASP) rose slightly in Q3 2025 to €0.93 million/MW (9M/2025: €0.92 million/MW), compared to €0.92 million/MW in the same quarter of the previous year (9M/2024: €0.90 million/MW). Overall, prices remained stable. The slight increase is primarily due to project size and regional mix effects. “After reporting strong order intake of over 2 GW in each of the first two quarters of this year, the third quarter continued this very encouraging momentum, , bringing total order intake to around 6.7 GW for the first nine months. We continue to remain very confident in our ability to sustain this positive trajectory also in the fourth quarter”, commented Nordex CEO José Luis Blanco on the current performance.

North America: 236 MW with Anti-Icing System for Winter Operations

The latest major order reported this week by Nordex comes from North America. As part of the order, Nordex will supply wind turbines with a total capacity of 236 MW for several projects scheduled to begin construction in 2027. The N163 turbines will be delivered in a cold climate version, equipped with the Nordex Advanced Anti-Icing System for the rotor blades. According to Nordex, this allows reliable operation even at temperatures as low as minus 30°C.

The names of the customers and projects were not disclosed.

To date, the Nordex Group has installed around 57 GW of wind energy capacity in over 40 markets and employs more than 10,400 people. The company’s manufacturing network includes facilities in Germany, Spain, Brazil, India, and the USA. The product portfolio focuses on onshore turbines ranging from 4 to over 7 MW, specifically designed for markets with limited space and grid capacity.

Nordex Stock: Share Price More Than Doubled in 2025

The Nordex share has shown an impressive performance since the beginning of the year. So far in 2025, the RENIXX-listed company’s stock has gained approximately 110 percent. On Wednesday (October 8, 2025), the Nordex share reached a new yearly high at €23.92. Yesterday, the stock closed at €23.72 (October 9, 2025, Stuttgart Stock Exchange).

Source: IWR Online, Oct 10 2025