1 Table of Contents 2
1.1 List of Tables 7
2 Company Snapshot 8
2.1 Key Information 8
2.2 Company Overview 8
2.3 SWOT Snapshot 8
3 Nordex SE, Wind Turbines Summary 9
4 Nordex SE, Wind Turbine Contracts Summary 10
5 Nordex SE, Wind Farms 15
6 Business Description 40
6.1 Business Overview 40
6.2 Development, Production, Servicing and Marketing of Wind Power Systems 40
6.2.1 Overview 40
6.2.2 Production 40
6.2.3 Financials 41
6.2.4 Capital Expenditure 41
6.2.5 Market View 41
6.2.6 Key Strategies 42
7 Major Products and Services 43
8 History 44
9 Key Employees 47
10 Key Employee Biographies 48
11 Company Statement 50
12 Locations And Subsidiaries 52
12.1 Head Office 52
12.2 Other Locations & Subsidiaries 52
13 Recent Developments 54
13.1 Strategy and Business Expansion 54
13.1.1 Oct 26, 2010: Nordex To Supply 24 Large Turbines To Wind Farm In Turkey 54
13.1.2 Sep 29, 2010: Nordex To Supply 12 Wind Turbines To Northern Ireland And South-West Of Republic Of Ireland 54
13.1.3 Aug 24, 2010: Nordex Receives Two Wind Turbine Orders From China And Portugal 55
13.1.4 Jul 23, 2010: Natural Power Completes Contractual Agreements For Three Scottish Wind Farms 55
13.1.5 Jun 15, 2010: Nexans Signs Frame Agreement With Nordex To supply WINDLINK Cable Sets And Kits 56
13.1.6 May 20, 2010: Nordex Receives Wind Turbine Order For Screggagh Wind Farm In Northern Ireland 57
13.1.7 Apr 28, 2010: Nordex Receives 38 Wind Turbines Orders From Beijing Energy And Ningxia Electric Power 57
13.1.8 Apr 15, 2010: Nordex Receives Contract For Wind Farm In Greece 58
13.1.9 Apr 09, 2010: Nordex receives Order From Skelleftea For 118 Turbines 58
13.1.10 Mar 15, 2010: Nordex Signs Delivery Contract With FFC Energy For 50MW Jhimpir Wind Farm In Pakistan 59
13.1.11 Oct 26, 2009: Nordex To Supply 36 Multi-MW Turbines To Turkey 59
13.1.12 Oct 21, 2009: Nordex To Supply 33 MW Of Wind Turbines To Ningxia Electric Power In China 60
13.1.13 Jul 29, 2009: Nordex UK Receives Order From ABO Wind For 13 2.5 MW Wind Turbines 60
13.1.14 Jul 10, 2009: Nordex Receives Contract For Ten N90/2500 Turbines For Bandirma III Wind Farm In Turkey 61
13.1.15 Jun 29, 2009: Nordex Wins 90 MW Contract In Turkey 61
13.1.16 Feb 09, 2009: Nordex Receives Orders For 21 Wind Turbines From SWS Energy And GDF SUEZ 62
13.1.17 Oct 16, 2008: Nordex Enters Contract With GDF Suez For 30 Nordex N100/2500 Turbines 62
13.1.18 Sep 23, 2008: Nordex Wins Contract From Air Energy For Wind Turbines 63
13.1.19 Sep 11, 2008: Nordex Wins Order For 170 Nordex Turbines From Scan Energy 63
13.1.20 Aug 19, 2008: Broadwind To Supply Integrated Tower Solution To Nordex 64
13.1.21 May 29, 2008: Nordex Wins Wind Turibne Orders From Bilgin 64
13.1.22 Mar 05, 2008: Nordex Wins Order For Wind Turbines From Falck 65
13.1.23 Feb 26, 2008: Nordex Enters Into Contract For 86 Wind Turbines With Eolia 65
13.1.24 Feb 14, 2008: Nordex Signs Contract With Baltika For 50 MW Wind Farm 66
13.1.25 Feb 07, 2008: Nordex Wins Contract From Greentech 66
13.1.26 Jan 11, 2008: Nordex Signs New Contracts In China For 150 MW 67
13.1.27 Jan 11, 2008: Nordex Signs Contract With Beijing Energy To Supply Wind Turbines 67
13.1.28 Jan 08, 2008: Nordex Signs Agreement With Everpower To Supply Wind Turbines 68
13.1.29 Dec 05, 2007: Nordex Signs Contract With wpd 68
13.1.30 Nov 15, 2007: Nordex Gets Order From Greentech 69
13.1.31 Nov 06, 2007: Nordex Signs Contract With BP Alternative Energy 69
13.1.32 Nov 01, 2007: Nordex To Install Two Wind Farms In China 70
13.1.33 Sep 18, 2007: Nordex Receives Order From Co-Ver Energia 71
13.1.34 Aug 16, 2007: Nordex Wins New Contract From RES 71
13.1.35 May 29, 2007: Nordex Receives Two Contracts In Sweden 72
13.1.36 Apr 13, 2007: Nordex Wins Contract From BBL 72
13.1.37 Apr 04, 2007: Nordex Receives EUR39 Million Contract From Ynnores 73
13.1.38 Mar 30, 2007: Nordex Gets New Contract Italy 73
13.1.39 Mar 09, 2007: Nordex Wins Three Contracts From RWE 74
13.1.40 Feb 27, 2007: Nordex Receives Contract In Spain 74
13.1.41 Jan 08, 2007: Nordex Gets New Order From Falck Renewables 75
13.1.42 Dec 18, 2006: Nordex To Supply 26 Multi-Megawatt Turbines To PWPL 75
13.1.43 Nov 06, 2006: Nordex Gets Multiple Contracts For Wind Turbines In France 75
13.1.44 Oct 25, 2006: Nordex To Construct Wind Farm In Scotland 76
13.1.45 Sep 18, 2006: Nordex Gets Contract To Construct Wind Farm For ERG In Italy 76
13.1.46 Aug 30, 2006: Nordex To Supply Multi-Megawatt Wind Turbines To Ireland 77
13.1.47 Aug 17, 2006: Nordex To Construct Wind Farm In East Asia 77
13.1.48 Jun 26, 2006: Nordex Receives Contracts Worth EUR70 Million In UK 78
13.1.49 Jan 31, 2006: Nordex Receives EUR25 Million Contract From Greentech 79
13.1.50 Jan 20, 2006: Nordex Receives Orders From Flack Renewables And RWE 79
13.1.51 Jan 03, 2006: Nordex Wins Order From Scan Energy To Construct 30 MW Wind Power Plant 80
13.1.52 Oct 04, 2010: Nordex Begins Production At Newly Built Wind Turbine Manufacturing Plant In Jonesboro, Arkansas, US 81
13.1.53 Sep 29, 2010: Eneco Inaugurates Tullo Wind Farm Near Laurencekirk In Aberdeenshire, UK 82
13.1.54 Sep 08, 2010: BP Wind Energy Moves Into Full Construction Of Cedar Creek II Wind Farm In Colorado 83
13.1.55 Aug 06, 2010: ESB Updates On Two Wind Farms In Northern Ireland 83
13.1.56 Jul 15, 2010: BP Wind Energy Announces Site Mobilization For Cedar Creek II Wind Farm In Colorado 84
13.1.57 Jul 05, 2010: EDF Energies Nouvelles Commissions 98.9MW Monte Grighine Wind Farm In Italy 85
13.1.58 Apr 13, 2010: GDF SUEZ Energy Completes 20MW Wind Farm In Scotland 85
13.1.59 Feb 12, 2010: Nordex Installs 167MW Wind Power Systems In Italy 86
13.1.60 Aug 13, 2009: Nordex USA Completes Highland Wind Farm In US For EverPower 86
13.1.61 Jul 16, 2009: Enertrag Starts Generating Power At Gollmitz Wind Farm In Germany 87
13.1.62 Jul 06, 2009: HOCHTIEF Construction Builds New Headquarters For Nordex In Hamburg, Germany 87
13.1.63 Jun 25, 2009: Nordex completes construction of Tychowo wind farm in Warsaw, Poland 88
13.1.64 Jun 25, 2009: Nordex Completes Construction Of Tychowo Wind Farm In Warsaw, Poland 89
13.1.65 Feb 03, 2009: Nordex Provides Operations Updates Of 2008 89
13.1.66 Oct 27, 2008: Nordex Completes 1,000th Turbine In N80/N90 Series 90
13.1.67 Aug 04, 2008: Nordex Installs 17 Turbines For Innores In Turkey 90
13.1.68 Jan 24, 2008: Nordex Commences Work On Extension To Its Rostock Facilities 90
13.1.69 Dec 19, 2007: Nordex Erects Towers At West Pomerania In Germany 91
13.1.70 Dec 12, 2007: Nordex Completes Cadau I Wind Farm In Sardinia, Italy 92
13.1.71 Aug 10, 2006: Nordex Completes Wind Farm Project In Tortosa 92
13.1.72 Aug 05, 2010: Nordex Reports Revenues Of EUR208.62 Million In Q2 2010 93
13.1.73 Apr 19, 2010: Nordex Reports Sales Of EUR1.18 Billion In 2009 93
13.1.74 Mar 05, 2010: Nordex Reports Preliminary 2009 Results 94
13.1.75 Nov 24, 2009: Nordex Reports Sales Of EUR814 Million In Nine Months Of 2009 94
13.1.76 Aug 25, 2009: Nordex Reports Sales Of EUR512.5 Million In H1 2009 95
13.1.77 May 22, 2009: Nordex Reports Total Revenues Of EUR245.1 Million In Q1 2009 97
13.1.78 Mar 03, 2009: Nordex Reports 2008 Results 98
13.1.79 Nov 20, 2008: Nordex Declares 3Q 2008 Results 98
13.1.80 Aug 21, 2008: Nordex Reports 1H 2008 Results 100
13.1.81 May 26, 2008: Nordex Reports Q1 2008 Results 101
13.1.82 Apr 09, 2008: Nordex Declares 2007 Results 102
13.1.83 Nov 13, 2007: Nordex Declares Q3 2007 Results 103
13.1.84 Aug 23, 2007: Nordex Declares Q2 2007 Results 104
13.1.85 May 15, 2007: Nordex Declares Q1 2007 Results 104
13.1.86 Nov 23, 2006: Nordex Reports Nine Months 2006 Results 105
13.1.87 Aug 24, 2006: Nordex Reports H1 2006 Results 106
13.1.88 Apr 28, 2006: Nordex Reports Q1 2006 Results 107
13.1.89 Mar 06, 2006: Nordex Reports 2005 Results 107
13.1.90 Mar 19, 2010: Nordex Founds New Company In Ireland 108
13.1.91 Sep 11, 2009: Nordex USA Starts Construction Of $100 Million Wind Turbine Manufacturing Plant In Arkansas, US 108
13.1.92 Jul 20, 2009: Nordex USA To Start Construction Of Wind Turbine Blade Manufacturing Plant In Arkansas, US 110
13.1.93 Apr 30, 2009: Nordex Opens North American Headquarters In Chicago 111
13.1.94 Jan 09, 2009: Nordex Continues With Plans For Wind Turbine Manufacturing Facility In Jonesboro Despite Layoffs 113
13.1.95 Oct 24, 2008: Nordex To Construct Wind Turbine Plant In Jonesboro 113
13.1.96 Sep 07, 2010: Nordex To Include Carsten Pedersen In Supervisory Board 114
13.1.97 Mar 08, 2010: Nordex To Launch Third Generation Of 2.5MW Turbine Series 114
13.1.98 Jan 26, 2010: Nordex Aims EUR4.5-EUR5 Billion Sales By 2014 115
13.1.99 Jul 06, 2009: Nordex To Move Its Headquarters To New Administrative Building In Hamburg, Germany 115
13.1.100 Apr 09, 2009: Nordex Supplies 15 Turbines To Falck’s Wind Farm In Italy 116
13.1.101 Apr 01, 2009: Nordex Appoints Marc Sielemann COO Of Operations 116
13.1.102 May 30, 2008: Nordex To Invest $100 Million To Increase Its US Wind Turbine Production Operations 117
13.1.103 Mar 18, 2008: Nordex Appoints CTO 117
14 Appendix 119
14.1 Methodology 119
14.1.1 Coverage 119
14.1.2 Secondary Research 119
14.1.3 Primary Research 120
14.1.4 Expert Panel Validation 120
14.2 Contact Us 121
14.3 Disclaimer 121