15 September 2017 2017 02:30 PM GMT

Nordex To Surpass 2GW Threshold On Wind Turbines Installations In UK And Ireland

15After installing and commissioning a total of 862 turbines in the UK and Ireland, the Nordex Group has now reached the 2 GW milestone of installed capacity in these two countries. Just under 1.5 GW of this is in the UK as well as what is fast approaching 600MW installed in the Republic of Ireland. An additional milestone of three-quarters of a gigawatt installed throughout both the Republic of Ireland and Northern Ireland has also been reached. At typical capacity factors, this represents enough power for 1.3 million homes, resulting in a market share of installed turbines of around 20% in the Republic of Ireland and around 10% in the UK.

The Nordex Group installed its first turbines in the UK in 2001 and in Ireland in 2003. “We have built a strong team locally with over 230 staff who work increasingly closely with our HQ team,” says Rich Furniss, Managing Director for the UK and Ireland. “Our markets have special features: high wind speeds; complex terrains; difficult site access for components; challenging planning conditions such as noise restrictions; demanding grid connection requirements; and high expectations on HSE management are standard. Much of our business is repeat business from customers who know that we can meet these challenges, and the vast majority of our installed turbines are maintained by our extensive and experienced service team.” As both countries transition to the post-subsidy world, Furniss explains “Driving down the cost of energy is our mission as a company, and bringing larger rotor and generator machines to these complex sites does just that, putting us in a good position to continue growing our installed based in these islands.”

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 4.5 MW class, which are tailor-made for the market requirements in developed and emerging markets.

Photo: Courtesy of Nordex SE

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January 22nd 2018
European Parliament Gives A Resounding Vote In Favour Of Clean Energy In Europe

European lawmakers have called for a renewable energy target of 35% for 2030 – rather than the 27% which the European Commission proposed in 2016. The MEPs have now backed measures substantially raising the European Union’s clean-energy ambitions. By 2030, more than one-third of energy consumed in the EU should be from renewable sources such as wind and solar power. The measures are intended to help cut carbon dioxide emissions. The EU is the world’s third-largest emitter of greenhouse gases after China and the United States, releasing about 10% of global emissions. 

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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