Nordex Group, a leading onshore wind turbine manufacturer, reported a 29.5 percent increase in order intake for the third quarter of 2026, reaching 2,810 megawatts (MW) in its Projects segment, up from 2,170 MW in the same period last year. For the first nine months of 2026, order intake totaled 7,733 MW, a 16.1 percent rise compared to 6,661 MW in the prior-year period. The figures, announced on October 12, 2026, underscore the company's growing global footprint and the sustained demand for renewable energy infrastructure.
The average sales price (ASP) per megawatt stood at EUR 0.90 million in the third quarter, down slightly from EUR 0.93 million a year earlier, while the nine-month ASP was EUR 0.93 million, up from EUR 0.92 million. Nordex attributed these movements primarily to project scope and regional mix effects, noting that the pricing environment remained stable. Between July and September, customers ordered a total of 427 wind turbines for projects across 10 countries, with Türkiye, Germany, and the US emerging as the strongest individual markets.
CEO José Luis Blanco highlighted the diversification of the company's order book. "Our order intake is becoming more globally diversified, and the third quarter confirms this. Türkiye led with more than 900 MW, and in the US we have now booked more than 1.3 GW year to date. We expect the international share to keep growing as we convert our pipeline in the coming quarters, while order momentum in Europe and Germany remains strong," Blanco said. The results reflect Nordex's strategic focus on onshore turbines in the 4 to 7 MW+ classes, designed for markets with limited space and constrained grid capacity.
This performance matters for the global energy transition. As countries seek to reduce carbon emissions and enhance energy security, demand for reliable wind power solutions is escalating. Nordex's ability to secure orders across diverse regions demonstrates the resilience of the onshore wind market, even amid supply chain pressures and fluctuating material costs. The company's manufacturing network, spanning Germany, Spain, Brazil, India, the US, and Türkiye, positions it to serve these markets efficiently. Since 1985, Nordex has commissioned more than 64 GW of wind capacity in over 40 markets and generated consolidated sales of approximately EUR 7.6 billion in 2025. With over 11,100 employees, the firm is a significant player in the renewable energy sector.
For investors and industry observers, the steady order intake signals potential revenue growth and a healthy project pipeline. Nordex SE is listed on the MDAX and TecDAX of the Frankfurt Stock Exchange (ISIN: DE000A0D6554). The company's continued expansion, particularly in the US and Türkiye, could intensify competition among turbine manufacturers and accelerate cost reductions through scale. Additionally, the stable pricing environment suggests that market fundamentals remain solid, providing a foundation for future profitability.
As the world races to meet climate targets, Nordex's third-quarter results offer a tangible indicator of momentum in the wind energy sector. The company's ability to convert its pipeline into firm orders will be critical in the coming quarters. For further details, the original release is available via www.newmediawire.com, and additional news can be found on NEWMEDIAWIRE.
