Nordex announces 13% installation increase

GERMANY: Nordex has announced a 13% increase in the number of turbines it has installed during 2011, with new capacity for the year totalling 970MW.

by James Quilter 26 January 2012

Around 72% of the turbines were in Europe with the average capacity standing around the 2.3MW mark.

In Europe the most important market was Turkey with 150MW. Elsewhere a further 15% and 13% was installed in North America and Asia respectively.

Pakistan is set to become another major market for Nordex. Earlier this month it was revealed Nordex is setting up a subsidiary in Karachi, Pakistan to facilitate its 300MW project pipeline, is has been revealed.

A Nordex spokesman told “uåX˜äŠÊ˜·³Ç: "Pakistan has a huge growth potential and the new feed-in tariff offers an attractive price level for the industry. Based on the successful market entry we are now in the face of setting up a subsidiary in Karachi."