Italy - Nordex successfully enters Italian market

Nordex AG has entered the growth Italian market having received its first major contract in that country. It will be constructing the Cadau I wind farm for developer Energia Verde Srl, a subsidiary of the Danish stock listed company Greentech Energy Systems A/S. The project will comprise 14 Nordex S77/1,500 kW turbines, which will be installed in 2006 near Cagliari on Sardinia. The contract for the turnkey completion of the wind farm is worth around EUR 25 million.

During the wind measurements taken at the planned site over a period of three years, an average speed of approx. 5.8 - 6.0 m/s was calculated. The S77 turbine is designed and ideally suited for this “IEC 3” location. In view of the high local temperatures, the 14 turbines will be supplied in the special hot-climate version. The 21 MW wind farm is to produce an annual energy yield of approx. 46,000,000 kWh, sufficient to supply around 11,000 households with electricity.

Nordex established a subsidiary in Florence in 2004. Previously, however, it had only been able to implement two fairly small projects in Italy. “Generally speaking, it takes a new national marketing company a few years to land its first projects. Accordingly, the Cadau I contract marks a considerable success for Nordex Italia,” says Thomas Richterich, CEO of Nordex AG.

Greentech Energy Systems A/S is a Danish stock listed utility company specialised in producing energy from wind power. The company is active in Italy and Polen with a pipeline of development projects totalling 500 MW.