Germany

Germany

European demand helps Nordex orders level in 2020 despite coronavirus

Nordex received more than 6GW of orders in 16 countries in 2020 thanks to strong demand in Q4

Nordex's Delta4000 platform accounted for 81% of total order capacity in 2020 – up 37 percentage points from the previous year
Nordex's Delta4000 platform accounted for 81% of total order capacity in 2020 – up 37 percentage points from the previous year

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Nordex defied difficulties caused by the coronavirus pandemic to achieve an annual order intake for 2020 almost on par with the previous year.

Strong demand towards the end of the year and orders for large projects drove the manufacturer’s annual intake to just over 6GW in 2020, it stated – down 3% from 2019.

The German company’s Q4 intake surged 53% year on year to more than 2.2GW, with nearly half of these orders coming from Europe.

This boosted the annual total, as the coronavirus pandemic and resulting uncertainty had delayed orders throughout the year, the manufacturer noted.

The average turbine power rating of Nordex’s orders increased from 3.84MW in 2019 to 4.52MW in 2020, as demand for its more powerful Delta4000 platform surged.

The platform accounted for 81% of total order capacity in 2020 – up 37 percentage points from the previous year – while the N163/5.X turbine accounted for 877MW of new orders (38% of total capacity).

Europe was the most popular region for Nordex orders in 2020, accounting for 59% of capacity ordered, with Germany, Norway, the UK, Finland and France being its top markets.

The remaining orders came from Brazil, Chile and Colombia in Latin America (21%) and the US in North America (20%).

In total, Nordex received orders from 16 countries in 2020.

The fourth quarter accounted for a disproportionate amount (37%) of Nordex’s annual order intake, with Europe accounting for 49% of orders in Q4, ahead of the US (28%) and Latin America (23%).

CEO José Luis Blanco said he is confident this momentum will continue.

Already in 2020, Nordex has received accreditation for its N163/5.X turbine model in Brazil, allowing customers to buy the turbine using credit from the country’s national bank for economic and social development (BNDES) as it satisfies local content rules.

The manufacturer is due to publish its annual financial report for 2020 on 23 March, according to its website.

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