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Delivery of 28 1.5 MW turbines for two wind farms in Ningxia
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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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companies
Norderstedt (euro adhoc) - 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
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ots Originaltext: Nordex AG
Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note:
Felix Losada
Tel.: +49 (0)40 50098 141
flosada@nordex-online.com
Branche: Alternative energy
ISIN: DE000A0D6554
WKN: A0D655
Index: CDAX, Prime All Share, Technologie All Share, TecDAX, HDAX,
Midcap Market Index
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade
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