Nordex Strengthens Türkiye Business With 110 MW Order and New Rotor Blade Plant – Shares Show Little Momentum
Hamburg – The Nordex Group is further expanding its market position in the Turkish wind energy market. A new major order totaling 110 MW and the start of production at a new rotor blade manufacturing facility in Izmir are strengthening local value creation and underlining the strategic importance of Türkiye for the wind turbine manufacturer.
Nordex receives 110 MW order for Balikesir-3 wind farm
The Nordex Group has received a new order in Türkiye from Eksim Enerji A.S. The contract includes the supply and installation of 16 N175/6.X wind turbines with a total installed capacity of 110 MW. The turbines are intended for the Balikesir-3 wind farm in the Sindirgi district of Balikesir province.
The turbines will be installed on tubular steel towers with a hub height of 119 meters and delivered in a cold climate version. In addition, the contract includes a premium service agreement with a term of ten years to ensure the long-term technical availability of the turbines.
The wind farm site is located at elevations between 800 and 950 meters above sea level and, according to Nordex, offers favorable wind conditions. Eksim Enerji has been a customer of the company since 2010 and operates a wind energy portfolio with a total installed capacity of 832.8 MW.
Ender Ozatay, Vice President Region Türkiye and Mid East of the Nordex Group, said: “This new order from Eksim Enerji once again underlines the strength of our long standing partnership, which has been built on trust and successful collaboration for more than 15 years.” He added that the N175/6.X turbine is “ideally suited for the wind conditions at the Sindirgi site” and ensures high long-term energy yields.
For Nordex, the Turkish market has strong strategic importance. The company has been active in Türkiye since 2009 and, according to its own data, has established itself as market leader since 2017 with a market share of around 34 percent. All turbines planned for Balikesir-3 also comply with local content requirements under the YEKA-2025 specification.
New rotor blade plant in Izmir expands local value creation
In addition, Nordex started production in May 2026 at its new rotor blade manufacturing facility in Menemen near Izmir, Türkiye. With the new plant, the company is strengthening its industrial base in the country and responding to growing demand for onshore wind turbines.
The new production site covers a total area of around 130,000 square meters, of which approximately 90,000 square meters are dedicated to production buildings. At full capacity, up to 1,200 rotor blades per year can be manufactured there in four-shift operation. In total, around 1,200 employees are expected to work in production and administration.
Rotor blades for the N163 and N175 turbine models are being produced at the site. These turbines are specifically designed for medium to strong wind conditions and are intended to deliver high energy yields in the respective projects.
According to Nordex, the facility will initially supply rotor blades for projects awarded under Türkiye’s YEKA tenders, including YEKA-4 and YEKA-5. In addition, Nordex plans to export rotor blades in the future to support European wind energy projects.
José Luis Blanco, CEO of the Nordex Group, described the start of production as an important step for the company’s further expansion in Türkiye. “The start of production at our new blade factory in Menemen marks an important milestone in strengthening Nordex’s manufacturing footprint in Türkiye and supporting our long-term growth strategy in the country,” said Blanco. By expanding local production capacities, Nordex would also be able to better meet local content requirements under the YEKA specifications.
Nordex shares currently trading at previous day’s closing level
Nordex shares are currently trading at EUR 42.58 (26 May 2026, 2:31 p.m., Stuttgart Stock Exchange). This corresponds to the previous day’s closing price. Compared to the share price at the beginning of the year, Nordex shares are currently up 46 percent.
Source: IWR Online, May 05 2026