News Release from Nordex SE


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Nordex turbines around the world prevent 6 million tons of C02 emissions each year.

Three gigawatts of wind power output installed to date

Hamburg, November 14, 2006. Nordex AG has reached a further milestone in its history of more than 20 years. On November 1, 2006, the installed nominal capacity of the 2,868 Nordex turbines situated around the world exceeded the 3 gigawatt mark. In other words, wind turbines made by Nordex can theoretically supply over four million people with clean electricity and thus prevent around 6 million tons of harmful
C02 emissions each year.

It was only in 2003 that Nordex has exceeded the 2,000 MW threshold. The driving force over the past few years has been the growing demand for multi-megawatt wind turbines, particularly the N80/N90 (2,300 and 2,500 kW, respectively). Nordex has since assembled 330 of these turbines around the world. This year, more than 80 percent of the new orders received are for these models. Says Carsten Pedersen, COO Sales and Marketing at Nordex: "In 2000, we assembled what at that stage was the world’s largest turbine. Today, only very few turbines in this class are as tried and tested as the N80/N90 series“.

Currently, foreign orders dominate Nordex's new business. Roughly 16 percent of the new projects come from Germany, 3 percent from Asia and the bulk from European countries outside Germany, particularly France, the United Kingdom and Italy.

The reasons behind the sustained high demand for renewable energy systems are, on the one hand, expectations of high prices in the long term for fossil energy - particularly oil, gas and coal - and, on the other, the climate protection goals which have now been incorporated in many countries' energy policies. Thus, numerous European countries are committed to extending their fleet of emission-free power stations. Further countries have recently joined them. Ireland, for example, has set itself the goal of widening the share of renewable energies fed into its national electricity grid from a current 5 percent to 15 percent in 2010 and to 30 percent by 2020. A similar law has also been enacted in Greece, where electricity from renewable sources of energy must be given priority in the national grid. France has further optimized its existing fixed-price system for renewable energy.

In Asia, the main focus is on China and India, which are already by far the two largest markets on the continent and exhibit strong growth potential. Experts think that new installed capacity in China could rise to 2,000 MW this year, equivalent to growth of 300% since 2005. Installed capacity is expected to increase from 1,260 MW (January 1, 2006) to 5,000 MW by 2010 and 30,000 by 2020. India, currently the largest market in Asia, is also continuing to promote the development of wind power. Third place in Asia is held by Japan, which wants to roughly triple installed capacity by 2011. The main motivation here is the country's almost complete dependence on energy imports.
Nordex AG
Felix Losada

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