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Wind turbine maker Nordex reaches operational break-even in 2023 - Windpower Monthly

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Wind turbine maker Nordex reaches operational break-even in 2023 | Windpower Monthly

Wind turbine maker Nordex reaches operational break-even in 2023

German turbine manufacturer Nordex broke even on an operational basis last year after increasing its order intake and maintaining stable pricing, the company confirmed in its preliminary results for 2023.

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Related Knowledge Center: ENERGY BASICS: wind

State of Play

Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent. 

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