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Nordex SE

Nordex supplying multi-megawatt turbines to Ireland

Contract worth a total of around EUR 20 million
  ots-CorporateNews transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Nordex AG has received its largest order to date from Ireland. In a
contract worth around EUR 20 million, it will be supplying a total of
nine N90/2500 turbines to County Limerick in July 2007. The customer
is the SWS (South Western Services) Group, whose Natural Resources
division is a leader in renewable energy development in Ireland. In
addition to CHP stations, biomass and waste-to-energy systems, the
Group is also concentrating on wind farms.
The nine multimegawatt Nordex turbines are to be deployed at the
Knockawarriga wind farm, where they will generate sufficient energy
to cover the energy requirements of 18,000 households. On an elevated
plateau near Newcastle West, with average wind speeds of greater than
8.0 m/s prevail at a tower height of 75 meters, ideal conditions for
the 90-meter rotors fitted to the turbines.
Nordex had previously assembled wind farms in Ireland in 2003 and
2004 including ten N80/2500 turbines. To date, it has installed
around 280 N80/N90 turbines around the world, making this series one
of the most exhaustively proven systems of its class.
The Republic of Ireland has extensive plans for encouraging the use
of renewable energies, which are to contribute 13.2% to total
electricity production by 2010. As part of these efforts, the
installed wind turbine capacity is to roughly double to around 1,000
megawatts. To achieve this, a new feed-in remuneration system for
electricity produced from renewable sources came into effect as
recently as in June 2006. Under these new arrangements, wind farm
operators will receive a fixed rate of up to 5.9 euro-cents per
kilowatt/hour for a period of 15 years. As early as in March, the
Commission for Energy Regulation offered 1,000 megawatts of new grid
capacity under the Gate 2 renewable connection process.
end of announcement                               euro adhoc 30.08.2006 09:00:00

Further inquiry note:

Ralf Peters
Tel.: +49 (0)40 50098 522
rpeters@nordex-online.com

Branche: Alternative energy
ISIN: DE000A0D6554
WKN: A0D655
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

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