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In 2008 Nordex AG grew more quickly than the market, with new installed capacity rising by around 60 per cent over the previous year to 1,075MW (2007: 676MW).
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Worldwide new installations in the wind power system market climbed by 37% according to GWEC (Global Wind Energy Council) to 27,539MW (2007: 20,073MW). Nordex performed particularly well in the new volume markets of Italy, France and the UK. In Europe, the most important regional market for wind power technology, Nordex was able to further extend its position, gaining a share of some ten per cent of the market in 2008, up from seven per cent in the previous year. To date, Nordex has executed only individual projects in the United States. However, last year it opened its new US headquarters in Chicago and secured land in Arkansas for its planned production facility. In China as well, where Nordex has been producing locally since 1998, extensions are being planned to satisfy the strong demand. In this market, Nordex's sales volume has more than tripled, while the market volume has almost doubled.
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