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DGAP-News: Nordex SE: Market share in Germany doubled

DGAP-News: Nordex SE: Market share in Germany doubled

DGAP-News: Nordex SE / Key word(s): Market Report
Nordex SE: Market share in Germany doubled

31.01.2014 / 11:04


New installations up sharply to some 251 MW 

Hamburg, 31 January 2014. 'We were fully satisfied with our business in
Germany last year,' said Nordex CEO Jürgen Zeschky, presenting the
company's figures for new wind turbine installations in Germany. In 2013,
Nordex achieved a roughly 165 percent increase in new installations here.
With a full-year output of 251 megawatts (MW), the Northern Germany-based
company was able to double its market share in this country to 8.4 percent
against the backdrop of an expanding market in which industry-wide onshore
installations rose by a double-digit rate to almost 3,000 MW.

This success was underpinned by the performance of the light-wind turbine
N117/2400, which generated 75 percent of installation volume. Explains
Jürgen Zeschky: 'The N117/2400 is generating good sales figures, which are
continuing to climb. With is high efficiency, we are able to render
numerous light-wind locations economically viable and thus satisfy the
German federal government's new requirements. What is more, we are
registering interest in wind turbines of this type in more and more markets
beyond Germany.' Thus, the Group's global installation volume surged by
over 36 per cent last year, with the N117/2400 accounting for a good one
out of five turbines installed.

Nordex expects to record growing installation numbers in its domestic
market in 2014. 'We have been anticipating this trend for quite some time
now as uncertainty surrounding future tariff structures in Germany is
triggering pull-forward effects,' says Zeschky. With its large proportion
of export business and strong position in numerous international growth
markets, the group sees itself well positioned to weather short-term
fluctuation in 2015 in Germany. Looking further into the future, the German
federal government is planning a stable course for growth in inexpensive
electricity from onshore wind turbines, with new capacity of a good 2,500
MW to be installed each year.

About Nordex
As one of the technological leaders in multi-megawatt wind power systems,
Nordex is benefiting from the trend in favour of large-scale turbines. The
Generation Gamma range comprises the N90/2500, N100/2500 and the N117/2400,
which is one of the most efficient series turbines for light-wind regions.
To date, over 2,600 of these turbines have been produced. With Generation
Delta, Nordex is now offering the fourth generation of its proven
multi-megawatt platform (N100/3300, N117/3000, N131/3000). Nordex has
installed a total of over 5,600 turbines with an aggregate capacity of
around 9,400 MW all around the world. With exports accounting for more than
85 percent of its business, Nordex SE plays a key role in international
high-growth regions. The Company has offices and subsidiaries in 22
countries around the world with a total global headcount of over 2,500

End of Corporate News


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Language:    English                                                
Company:     Nordex SE                                              
             Erich-Schlesinger-Straße 50                            
             18059 Rostock                                          
Phone:       +49 381 6663 3300                                      
Fax:         +49 381 6663 3339                                      
ISIN:        DE000A0D6554                                           
WKN:         A0D655                                                 
Indices:     TecDAX                                                 
Listed:      Regulierter Markt in Frankfurt (Prime Standard);       
             Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,  
             München, Stuttgart                                     
End of News    DGAP News-Service  
250496 31.01.2014                                                      
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