- Published: 28 April 2014 28 April 2014
The European Investment Bank (EIB) will support the research and development activities (R&D) of wind turbine manufacturer Nordex SE.
The bank will provide the company with a loan of € 100 million for its multi-year R&D programme. Within the framework of the R&D programme, which is due to run until 2017, Nordex will work together with suppliers and research institutes in the European Union. With this research Nordex plans to step up the development of increasingly efficient technical solutions in order to improve its competitiveness. At the same time the company aims to achieve grid parity for wind energy in all standard locations.