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Nordex SE

Nordex entering Turkish market for the first time

Norderstedt (euro adhoc) -

First major project worth EUR 39 million awarded
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
Hamburg, April 4, 2007. Nordex AG has
entered the Turkish market on a very successful note: Up until the 
end of March 2008 it will be assembling 17 N90/2500 HS (high speed) 
turbines with 80 meters hub height near Bergama. To date, mostly only
fairly small wind farms have been constructed in Turkey. With an 
installed output of 42.5 MW, the "Yuntdag" project will be playing a 
key role in the country, with a record-breaking notional power yield.
At mean wind speeds of 9 - 10 m/s, the strong-wind power systems will
generate a combined annual output of around 160 million kilowatt 
hours, equivalent to a capacity factor of approx. 45 percent, and 
sufficient to supply more than 70,000 Turkish households with 
electricity.
The customer and ultimate operator of the wind farm is Turkish 
company Ýnnores Enerji Üretim Sanayi ve Ticaret A.S. Ýnnores is a 
100% affiliate of DOST Enerji Sanayi ve Ticaret A.S that is 
established by MV Holding, Portmobil Telecommunications and RDO 
Investment to invest in renewable energy in the region. This project 
is DOST Enerji’s first project of a medium term 300 MW installed 
capacity target.
Turkish Renewable Energies Act took effect on May 10, 2005 setting 
the ground to invest in renewable energy. The enhanced bill is 
waiting to be approved by the president that stipulates 10 year 
purchase guarantee with a remuneration rate per kilowatt/hour of 
"green" 5 to 5.5 euro-cents.
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. The range comprises one of the world’s largest 
series-produced wind power systems (N80/N90 2,500 kW). To date, 
around 400 turbines of this type have been installed around the 
world. This experience with multi-megawatt turbines gives Nordex a 
decisive lead over most of its competitors. Nordex has installed a 
total of around 3,000 turbines with an aggregate capacity of more 
than 3,000 MW (January 2007) all around the world. With exports 
accounting for around 80 percent of its business, Nordex AG plays a 
key role in international high-growth regions. The Company has 
offices and subsidiaries in 18 countries around the world.
end of announcement                               euro adhoc 04.04.2007 08:37:43

Further inquiry note:

Felix Losada
Tel.: +49 (0)40 50098 100
flosada@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

Original-Content von: Nordex SE, übermittelt durch news aktuell

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