Nordex reports drop in annual third quarter orders

The German wind turbine maker Nordex said on Wednesday that in the third quarter it received orders for 1,726 MW wind turbines - a drop from the 2,251 MW posted in the third quarter of 2023.

However, for the six-month period to September, the company secured orders for 5,083 MW wind turbines, higher than the prior year's 4,892 MW. These orders have been recorded in the projects segment that excludes service business.

For the nine-month period, the average sales price per megawatt of capacity or ASP continued to remain at a stable level of €900,000 ($987,000)/MW as against last year's €850,000/MW. For the third-quarter, ASP increased to €920,000/MW, compared with €790,000/MW in the previous year.

For the nine-month period, customers ordered a total of 905 wind turbines for projects in 23 countries. The list of major customers includes Germany, South Africa, Canada as well as the Baltic States including Lithuania and Latvia.