Successful Start to The Year: Nordex Doubles Order Intake in The First Quarter Of 2024 to More Than 2 GW

Hamburg, Germany - In the first quarter of 2024, the Nordex Group received orders for 338 wind turbines with a total capacity of 2,086 MW (2.1 GW). Compared to the first quarter of 2023, in which orders for 177 turbines with a capacity of 1,021 MW (1.021 GW) were received, this is roughly double the figure.

At EUR 0.85 million / MW, the average selling price per megawatt of capacity (ASP) in Q1 2024 was slightly lower than in the first quarter of 2023 (Q1 2023: EUR 0.90 million / MW).

Nordex received orders from eleven countries in Q1 2024. The largest individual markets were Germany, South Africa and Lithuania.

"With an order intake of more than 2 GW and stable prices, we are building on the success of previous quarters and making a good start to the new year. I am very pleased that we have won several major orders in different regions, as this shows that our turbines are in demand both within Europe and beyond," says Nordex CEO José Luis Blanco.

The Nordex share is currently trading slightly up at EUR 12.36 (12:00 noon, April 16, 2024, Stuttgart Stock Exchange).

Source: IWR Online, 16 Apr 2024