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Windtech International January February 2024 issue

 

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In the fourth quarter of 2017, the Nordex Group received firm orders for 1,598.6MW (Q4/2016: 1,420.8MW), an increase of 12.5 per cent compared to Q4 2016. New business for 2017 amounted to 2,741.3MW (2016: 3,499.1MW).

The North America division, in particular, had a strong fourth quarter, which contributed to an overall order intake of 1,045.2MW in 2017. Consequently, the contribution made by this division to total order intake increased from 23.6 to 38.1 per cent. New business in the Europe division amounted to 1,094.9MW for 2017 as a whole, contributing to the region’s decreased total share from 50.1 to 39.9 per cent. The International division received new orders for 601.2MW. The prepayments received in connection with the order intake in Q4 2017 contributed to Nordex’s cash and cash equivalents position of more than € 600 million as of 31 December 2017.

 
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