in News Departments > New & Noteworthy
print the content item

In the first half of 2014 (H1'14), Germany-based turbine maker Nordex achieved a 23.4% year-over-year increase in sales to EUR 815.4 million, and its earnings before interest and tax more than doubled to EUR 37.1 million from the same period last year.

Nordex says its Europe, Middle East and Africa (EMEA) business remained stable and attributes the company's growth to successes in new markets in Latin America and Asia. Sales in the Americas, in particular, rose at a three-digit rate.

The company says its forward order book continued to improve, with order intake in the first half of the year coming to EUR 908.9 million, up from EUR 839.4 million in H1'13. Of its orders, Nordex says more than 17% were for the new Generation Delta turbines.

Globally, the company's new installed capacity increased by around 19% to 667.3 MW, compared to 560.8 MW in H1'13.




IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015