18 March 2017 2017 10:24 AM GMT

Nordex Achieves Leadership And 25% Market Share In Turkey

In 2016 Nordex consolidated its position as market leader in Turkey. With some 350 megawatts, the manufacturer accounted for a good 25 percent of the capacity installed in 2016. This means that Nordex remains the frontrunner in the market as a whole: with 1.5 GW the company has set up around one-quarter of the total installed capacity in Turkey amounting to 6.1 GW.

In 2016 the Sales division rounded off the good installation figures in Turkey with a strong result in terms of new business. With order receipts of EUR 220 million, Nordex followed up on its successes from the previous years. The company is also the leader with regard to wind farms currently under construction: according to the Turkish Wind Energy Association (TWEA), Nordex accounts for 298 MW of the approx. 860 MW currently being installed, equating to a share of 34 percent.

“Thanks to our early market entry in Turkey we have established strong relationships with our customers and are now linked with the leading players. Our partners appreciate our decades of experience as an international manufacturer,” says Ibrahim Oezarslan, Nordex CEO Turkey & Middle East.

The Group has installed more than 21 GW of wind energy capacity in over 25 markets and in 2016 generated revenues of EUR 3.4 billion. The company currently employs a workforce of approx. 5,000. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States and India. The product portfolio is focused on onshore turbines in the 1.5 to 3.6 MW class, which are tailor-made for the market requirements in developed and emerging markets.

With the completed merger of Nordex and Acciona Windpower, the joint company now has more than 30 years of experience in the harnessing of wind energy. It combines this experience in designing, constructing and operating wind turbines, delivering more than 18 GW of sustainable energy worldwide. Few technologies have made so much progress in recent years, as the use of wind energy, and Nordex is one of the pioneers of this development. Since 1985, it has set standards with the development for readiness for series production of ever larger and thus more economical turbines.

Image: Courtesy of Nordex SE.

February 5th 2018
EV, Renewables See CO2 Emissions Plateau By 2030, But Far From 2 Degree Pathway

Major shifts in the global energy landscape, particularly related to electric vehicles (EVs) and renewable energy sources, mean that MEI expects global CO₂emissions to plateau by 2030. However, increased global energy demand means emissions will remain at more than double the level required for a 2 degrees Celsius warming pathway. Ole Rolser, Associate Partner and Solution Leader at MEI, comments: “Despite the significant momentum around EVs and renewable energy sources taking an increasing share of the power market, to realise the 2 degrees pathway scenario, we’d have to see much broader, much more disruptive change than what we’re seeing now.”

February 5th 2018
Masdar City To Test Latest Concepts In Autonomous Electric Vehicles

ICONIQ Motors, a China-based EV company, has reached agreement to test its autonomous driving concept at Masdar City. The ICONIQ SEVEN, one of the world’s latest EV models is a futuristic vehicle, built on an intelligent, connected vehicle platform integrated with Microsoft’s AZURE cloud technology; and is set to hit the market in 2019. “Masdar City has put smart and sustainable mobility at the centre of its strategy, as highlighted by the historic success of its flagship driverless Personal Rapid Transit (PRT) system,” said Yousef Baselaib, Executive Director of Sustainable Real Estate at Madsar. “It is the ideal location to test innovative autonomous driving concepts.”

February 5th 2018
Chinese Solar Surge Fuels Overall Global Growth In Clean Energy Investment

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5 trillion. An extraordinary boom in photovoltaic installations made 2017 a record year for China’s investment in clean energy. This outpaced changes elsewhere, including jumps in investment in Australia and Mexico, and declines in Japan, the U.K. and Germany. The figures up 3% from a revised $324.6 billion in 2016, and only 7% short of the record figure of $360.3 billion, in 2015.

January 8th 2018
Vestas Sets 10.6 GW Record In 2017 After Year-End Surge; Ups Cashflow Guidance

Vestas has received a firm and unconditional order for 190 MW of 4 MW platform turbines in the U.S. taking the global order intake for the company in 2017 to 10.6 GW, surpassing 2016’s record order intake of 10.5 GW. The surge of orders at the end of the year has resulted in the company revising its guidance for free cashflow upwards. It now expects the free cashflow for 2017 to be €1.15bn-€1.25bn, as compared with the previous guidance of €450m-€900m. Markets have reacted favourably with the company share price experiencing an increase of 5%. 


 

   

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