EANS-News: Nordex SE
Nordex going from success to success in the German light
wind onshore market with the N117/2400
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Subtitle: 10 firm contracts for over 80 MW received Company Information Hamburg (euro adhoc) - Hamburg, 14 March 2013. The Nordex Group's German business is continuing to grow - especially in the light wind sector. In the first few weeks of the year, it gained new orders comprising in total 84 MW for its N117/2400 wind turbine. Most of these projects had previously been conditional order backlog, which entailed around 300 MW at the end of 2012 in Germany alone and are now firm as funding commitments have been received. This involves a total of 35 turbines for ten wind farms in the German states of Hesse, Bavaria, Thuringia, Rhineland-Palatinate and Baden-Württemberg. The customers include Abowind AG, WSB, Planet Energy GmbH (Greenpeace), Green City Energy and other citizen wind farms. To make optimum use of low-wind locations, Nordex is mostly installing the N117/2400, which has been specially developed for such wind sites, on top of hybrid towers with a height of 141 metres. All the projects will be executed from summer 2013 onwards for completion in the course of the year. "With the N117/2400 in particular, we are making an important contribution to keeping the costs of the renewable energy policy - the 'energiewende' - in Germany in check. Turbines with a high capacity factor of almost 40 percent mean that non-coastal locations are economically viable, obviating the need for costly and time-consuming grid extensions as they can be installed close to where the electricity which they produce will be consumed. Accordingly, I am pleased that we have received these contracts so early in the year as discussion of possible changes to the tariffs has caused unnecessary uncertainty in the German market. This is despite the fact that it is common knowledge that politicians tend to say more in election campaigns than they ultimately end up doing," says Lars Bondo Krogsgaard, Chief Customer Officer at Nordex SE. Since the launch of series production in summer 2012, Nordex has installed approximately 60 turbines. About Nordex As one of the technological leaders in multi-megawatt wind power systems, Nordex is benefiting from the trend in favour of large-scale turbines. The Generation Gamma range comprises the N90/2500, N100/2500 and the N117/2400, which is one of the most efficient onshore turbines. To date, over 2,100 of these turbines have been produced. This experience with multi-megawatt turbines gives Nordex a decisive lead over most of its competitors. With Generation Delta, Nordex is now offering the fourth generation of its proven multi-megawatt platform (N100/3300, N117/30). Nordex has installed a total of around 5,100 turbines with an aggregate capacity of more than 8,100 MW all around the world. With exports accounting for more than 85 percent of its business, Nordex SE plays a key role in international high-growth regions. The Company has offices and subsidiaries in 22 countries around the world with a total global headcount of over 2,500 employees. Further inquiry note: Felix Losada Tel.: +49 (0)40 300 30 1141 flosada@nordex-online.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: Nordex SE Langenhorner Chaussee 600 D-22419 Hamburg phone: +49 (0)40 30030-1000 FAX: +49 (0)40 30030-1101 mail: info@nordex-online.com WWW: http://www.nordex-online.com sector: Alternative energy ISIN: DE000A0D6554, DE0000A0D66L2 indexes: TecDAX, CDAX, HDAX, Prime All Share, Technology All Share, ÖkoDAX stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
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