Nordex Group Sees Strong Growth in German Wind Market in 2023

Turbine manufacturer Group reported significant success in the German wind energy market for 2023, citing robust order intake and positive outcomes from onshore wind auction rounds. The company attributes this success to government initiatives aimed at accelerating onshore wind expansion, noting its capacity to contribute to the region's swift energy transition.

Nordex Group witnessed a substantial 36% increase in order intake in , climbing from approximately 1.1 gigawatts (GW) in 2022 (195 turbines) to nearly 1.5 GW (262 units) in 2023. Notably, the N149/5.X and the N163/6.X, key turbine models, secured prominent positions in the demand landscape, enabling the company to secure orders in new business ventures.

See also: Nordex Secures 197MW Wind Turbine Orders from UKA for German Projects

Participating in the four onshore wind rounds conducted by the Federal Network Agency in 2023, Nordex secured projects exceeding 1.8 GW, a marked increase from 2022's 763 megawatts. The company's share of awarded megawatts in the 2023 tenders reached 30% on an annual basis, with a particularly strong performance in the last tender round, commanding a 38% share.

The substantial market share achieved in the auctions positions the Nordex Group as a prominent developer and supplier of highly efficient wind turbines, solidifying its role in one of the world's pivotal wind markets.

In alignment with Germany's energy goals, which aim for at least 80% of gross consumption to be sourced from renewable energies by 2030, Nordex anticipates a continuous expansion in its role. The target translates to approximately 115 GW installations for onshore wind energy by 2030, considering the current onshore wind capacity of around 61 GW.

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