News Release from Nordex SE

Wind Industry Profile of

Nordex SE

10/17/2023

Nordex Group achieves order intake of over 2.2 gigawatts in the third quarter of 2023

Including two additional projects from Chile and Brazil totaling around 560 MW, the Nordex Group received orders for 365 wind turbines with a total rated capacity of 2.2 Gigawatt (GW) in the third quarter 2023 compared to 277 wind turbines with 1.4 GW in the previous year quarter.

The average selling price (ASP) in Euros per megawatt of output was EUR 0.79 million/MW due to regional mix effects (Q3/2022: EUR 0.90 million/MW). Overall, the Nordex Group increased its order intake (excluding service business) by 10.6 percent to 4.9 GW in the first nine months (9M/2022: 4.4 GW). The average selling price grew to EUR 0.85 million/MW from EUR 0.82 million/MW in the same period last year.

Nordex received orders from eleven countries in the third quarter 2023. The largest individual markets include Türkiye, Chile, Germany and Canada.

“In the third quarter, order momentum picked up noticeably, as expected, and we were able to increase the order intake significantly in a stable price and cost environment. Our products are again proving to be very competitive, particularly in Europe and Latin America. Our focus remains on the efficient execution of our high order backlog,” says José Luis Blanco, CEO of Nordex Group.