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Nordex makes further improvements in France

2016-02-18 11:14:01
DGAP-News: Nordex SE / Key word(s): Market Report

2016-02-18 / 11:14
The issuer is solely responsible for the content of this announcement.

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Hamburg, 18 February 2016. In 2015, the Nordex Group improved its position
on the growing French market. With an output of around 155 MW
newly-installed turbines, Nordex has increased its market share from nine
percent in 2014 to 14 percent in 2015. Overall, the newly-installed
capacity in the onshore wind sector in France has increased to 1,073 MW in
2015. This means that the country has continued to maintain its position as
one of the top markets for wind energy in Europe.

Most of Nordex' recent developments in France are based on the N100/2500,
with 60 units in 2015. Due to a high order intake rate within the past
months, Nordex expects good business in 2016 as well. The last project sold
was an order for six N100/2500 for the project "Tenbonrev" in the Champagne
region. Nordex will deliver these turbines in September of this year.

Currently, the N117/2400 and N131/3000 are generating growing interest in
the French market. With most of the new sites in France being light-wind
areas, these turbine models should be used in the majority of the company's
future projects.

One of these projects is "Morlange". For this wind farm, located near the
border to Luxembourg, Nordex will deliver four N117/2400s within this year.
As of "Morlange", the company not only functions as manufacturer but also
as developer. The wind farm is one of five recent projects generated via
the "Nordex Development" distribution channel, a division focussing on the
development of wind farms with local partners. The company has been
implementing projects developed in-house there in successful partnerships
since the early 2000s.

As the French government last year specified its targets for increasing the
use of renewable energy, following the growth in 2015 this year too, the
market offers plenty of potential for the wind sector. For example, the
government has simplified administrative procedures in order to support the
increase of the share of renewables in energy consumption to 23 percent by
2020 and 32 percent by 2030.



About Nordex
As one of the technological leaders in multi-megawatt wind power systems,
Nordex is benefiting from the trend for large-scale turbines. The
Generation Gamma range comprises the N90/2500, N100/2500 and the N117/2400,
which is one of the most efficient series turbines for non-coastal regions.
To date, over 3,600 of these turbines have been produced. With Generation
Delta, Nordex is now offering the fourth generation of its proven
multi-megawatt platform (N100/3300, N117/3000, N131/3000 as well as the
N131/3000 for the German market). Nordex has installed around 7,000
turbines with an aggregate capacity of over 13,000 MW all over the world.
With exports accounting for around 70 percent of its business, Nordex SE
also plays a key role in international high-growth regions. The company has
offices and subsidiaries in more than 20 countries with more than 3,000
employees worldwide.


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2016-02-18 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:    English                                                     
   Company:     Nordex SE                                                   
                Erich-Schlesinger-Straße 50                                 
                18059 Rostock                                               
                Germany                                                     
   Phone:       +49 381 6663 3300                                           
   Fax:         +49 381 6663 3339                                           
   E-mail:      info@nordex-online.com                                      
   Internet:    www.nordex-online.com                                       
   ISIN:        DE000A0D6554                                                
   WKN:         A0D655                                                      
   Indices:     TecDAX                                                      
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated   
                Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,  
                Munich, Stuttgart; Terminbörse EUREX                        
 
   
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