Nordex plans to invest another € 50 million in China to almost quadruple annual production capacity by 2011. Annual production capacity of Nordex China will grow from a current 225MW to 800MW.
This will help the German company expand its share of the Chinese market for wind turbines to 15% by 2011, up from 3% at the end of 2006. Over the same period, Nordex will expand its Chinese workforce from 300 to 1,600.
Further Nordex's business in China is continuing to grow, with two new contracts for a total of 28MW class S77 turbines received. To be installed in the province of Ningxia, the two wind farms are scheduled to be hooked up to the grid at the beginning of 2008. The customer is the regional utility Ningxia Electric Power Group. With a total volume of around € 22 million, the contract covers the delivery of the nacelles and the rotors, both of which Nordex will be producing locally in China. The nacelles are being assembled at the Yinchuan (Ningxia) facility, in which Ningxia Electric Power holds a 40 per cent stake. Nordex will be producing the rotor blades at its own factory in the Eastern Chinese province of Shandong.
Further Nordex's business in China is continuing to grow, with two new contracts for a total of 28MW class S77 turbines received. To be installed in the province of Ningxia, the two wind farms are scheduled to be hooked up to the grid at the beginning of 2008. The customer is the regional utility Ningxia Electric Power Group. With a total volume of around € 22 million, the contract covers the delivery of the nacelles and the rotors, both of which Nordex will be producing locally in China. The nacelles are being assembled at the Yinchuan (Ningxia) facility, in which Ningxia Electric Power holds a 40 per cent stake. Nordex will be producing the rotor blades at its own factory in the Eastern Chinese province of Shandong.
