Nordex Q3 turbine orders rise on US and Turkey demand
Wind turbine maker Nordex reported a thirty percent rise in third quarter project orders to 2,810 megawatts. Growth was driven by Turkish demand and a recovering US market, lifting total nine-month orders to 7,733 megawatts.
Insights:
Nordex reported a 30% year-on-year increase in third-quarter order intake to 2,810 megawatts, driven by Turkish demand and a U.S. recovery. The German onshore wind turbine manufacturer compares to 2,170 megawatts in the same period last year. The order growth highlights expanding global demand beyond its core European markets.
