Nordex SE

Nordex signs new contracts in China for 150 MW

Successful tender for 50 MW project / Frame agreement signed for 100 MW

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companies/Order intake

Norderstedt (euro adhoc) - The Nordex Group has again won a tender in China. The manufacturer is to supply 33 S70/1500 kW turbines for a subsidiary of the utility, Beijing Energy. The "Jingneng" wind park is to be erected at Huitengxile in the highlands (2000 metres above sea level) in Inner Mongolia. The average wind speed at this location is 8.4 metres per second and average temperatures are minus 2.3 degrees. For this reason Nordex will be supplying its turbines in the "Cold Climate" version, which is especially adapted to these conditions.

The turbines are to be delivered in the fourth quarter of this year. Nordex is producing the machines and rotor blades required in its new factories in China, which started operation in 2006 and 2007. Due to the strong demand the turbine manufacturer plans to invest around EUR 50 million to extend its factories from mid-2008.

At the same time Nordex has signed a frame agreement with Beijing Energy for the supply of a further 66 turbines in the same series. This delivery with a volume of 100 MW is scheduled for the summer of 2009. It was agreed not to disclose the purchase price.

"These orders confirm our higher expectations for the Chinese market and once again underline the importance of our factories in this country. Nordex will continue to record strong growth with its offer of "German technology made in China", said Carsten Pedersen, COO Sales and Marketing at Nordex AG.

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ots Originaltext: Nordex AG
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Nordex AG
Ralf Peters
Phone: +49 (0)40 / 500 98 - 100,

Branche: Alternative energy
ISIN:      DE000A0D6554
WKN:        A0D655
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