News & in-depth analysis of Nordex's wind energy business, contracts and deals.
Lithuanian fertiliser company Achema has agreed to buy the output from the Pagegiai wind farm to produce green ammonia for its plant, providing a crucial step to financing the project.
French utility Engie took a €714 million ($772 million) hit on US renewable energy assets last year, with malfunctioning Nordex turbines partly to blame for this impairment. It still recorded net income of €2.2 billion.
Two years after Russia launched a full-scale invasion of Ukraine, the country has defied its aggressors on the battlefield while its nascent wind industry has shown determination to build a post-war renewable energy future. But the war has had far-reaching consequences for wind power in Europe. Windpower Monthly investigates.
German turbine manufacturer Nordex broke even on an operational basis last year after increasing its order intake and maintaining stable pricing, the company confirmed in its preliminary results for 2023.