Nordex wind turbine orders rise as momentum picks up in third quarter
Nordex wind turbine orders rise as momentum picks up in third quarter | Windpower Monthly
It received 2.2GW of firm onshore wind orders between 1 July and 30 September – up from 1.4GW in the same period last year – with CEO José Luis Blanco flagging increased momentum in the quarter.
These orders came from 11 countries, with Turkey, Chile, Germany and Canada the largest markets for Nordex.
The German company sold its turbines at an average selling price of €790,000/MW in the third quarter of 2023. This was down from €900,000/MW in the same period one year ago, and also down from €890,000/MW in each of the first two quarters of 2023.
The price reduction was due to “regional mix effects”, the company stated.
A spokesman explained that in the third quarter Nordex picked up a higher volume of orders in markets where it produces components locally, such as Brazil and Turkey. This enabled savings on transport and logistics costs – meaning Nordex was able to reduce its selling price. Nordex also received a higher-than-normal proportion of orders with a more limited scope in the third quarter – where it might not have been charged with installing the turbines as well as supplying them, for example – which also enabled the lower selling price, the spokesman added.
CEO Blanco said: “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.”
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