Wind turbine maker Nordex Q3 orders rise on Turkish demand, US recovery
Wind turbine maker Nordex Q3 orders rise on Turkish demand, US recovery Oct 12 (Reuters) - Onshore wind turbine manufacturer Nordex NDXG.DE said on Monday its project order intake in the third quarter rose 30% year-on-year, driven by significant orders from Turkey and a continued recovery in the US market.
The German company reported 2,810 megawatts (MW) in order volumes between July and September, compared to 2,170 MW in the same period last year.
"Our order intake is becoming more globally diversified," CEO Jose Luis Blanco said in a statement.
"We expect the international share [of orders] to keep growing as we convert our pipeline in the coming quarters," Blanco added
Nordex has received orders totalling 7,733 MW in the first nine months, compared to 6,661 MW by end-September in 2025
Nordex share price has fallen nearly a third since an early May high
(Reporting by Danny Callaghan; Editing by Matt Scuffham)
((Email: danny.callaghan@thomsonreuters.com))
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