Nordex denies undercutting rivals
Unlike Vestas and Siemens Gamesa, Nordex’ order intake grew last year while the German OEM’s average sales prices, conversely, were markedly more tempered than the competition. CEO states, though, that Nordex’ margins follow the market.
BY MAZ PLECHINGER, TRANSLATED BY DANIEL FRANK CHRISTENSEN
A cherished discipline among wind turbine manufacturers these years is that of dwelling a bit on the future, noting how climate change mitigation, national capacity targets and a range of other projections all point to a manifold expansion of wind turbine installations toward 2030, 2040 and 2025 – toward high growth rates and a coming golden age in the eternally evergreen medium term.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
.jpg&w=384&q=75){kind=logo}
