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01.11.2007 – 08:06

Nordex SE

Nordex: New orders from China

Norderstedt (euro adhoc) -

Delivery of 28 1.5 MW turbines for two wind farms in Ningxia
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
Hamburg, November 1, 2007. Nordex´s
business in China is continuing to grow, with two new contracts for a
total of 28 megawatt-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 EUR 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 percent stake. Nordex will be producing the rotor blades at its 
own factory in the Eastern Chinese province of Shandong.
With a nominal output of 1,500 kilowatts, the Nordex S77 is one of 
the largest turbines available in China. By contrast, the wind 
turbines installed in China in 2006 had an average installed capacity
of around 930 kilowatts. Given its large rotor diameter of 77 meters,
the S77 achieves high yields in even medium wind conditions. At the 
locations of the two new wind farms, the average wind speed is 6 - 7 
meters per second.
China is considered to be one of the most important growth markets in
the wind power industry as well. With a global share of around 10 
percent, it is already one of the five largest markets. Experts 
project triple-digit growth rates in the future, meaning that China´s
importance is set to continue rising.
About Nordex
As one of the technological leaders in multi-megawatt wind power 
systems, Nordex is benefiting from the trend in favor of large-scale 
turbines. To date, around 1,200 units of this turbine segment have 
been installed around the world by Nordex. This experience with 
multi-megawatt turbines gives Nordex a decisive lead over most of its
competitors. Nordex was the first to set up local wind turbine 
production in 1998 in China. Currently the company is operating at 
two production sites in China. Nordex China will increase its annual 
capacity from 225 MW to 800 MW by 2011.
end of announcement                               euro adhoc 01.11.2007 08:04:23

Further inquiry note:

Felix Losada
Tel.: +49 (0)40 50098 141

Branche: Alternative energy
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