As German market grows, Nordex follows

Wind Industry Profile of

Steady share of around 17% of the domestic market secured / Tender design resulting in project delays in the absence of any adjustments

The German wind power market is characterized by light and shadow at the moment. Whereas sales volumes in the industry are heading for a new record, the award of projects resulting in short-term revenues for producers is declining. According to calculations by the industry association, the capacity of new installed onshore turbine rose by eleven percent again in the first half of 2017 to 2,281 megawatts (MW). Nordex expanded by the same rate in this environment, maintaining its market share of around 17 percent. “This is a positive sign that proves that our current range is competitive in the hotly contested market. What is... ... More: Official Press Release Nordex

Keywords:

Nordex, Germany, market