Nordex deficit doubles in 2022

The German wind turbine maker is no stranger to the deluge of challenges that has flooded the market these past few years and that is taking its toll on several competitors.
Recent years have mauled global turbine industry, and German Nordex also notes growing deficits. | Photo: Nordex
Recent years have mauled global turbine industry, and German Nordex also notes growing deficits. | Photo: Nordex
BY ANNE FILBERT, TRANSLATED BY SIMON ØST VEJBÆK

In 2022, German Nordex was subjected to a string of unforeseen challenges that made quite the dent in the turbine maker’s annual report. Russia’s invasion of Ukraine and the subsequent political unrest along with an energy crisis and mounting inflationary pressure has proven too big a mouthful.

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