German wind turbine manufacturer Nordex achieved a significant increase in its order intake last year. According to company information, this increased by an impressive 36 percent to nearly 1.5 gigawatts (GW). In terms of numbers, a total of 262 wind turbines were ordered in Germany, compared to 195 units in the previous year.

Nordex is one of the leading companies in the field of renewable energies and has also successfully scored in the tender rounds of the Federal Network Agency. In total, the company was able to secure projects with a total capacity of over 1.8 GW, which corresponds to an increase of 763 megawatts (MW) compared to the previous year.

The supplements in the tenders provide a stable foundation for Nordex to further expand its position as a developer and supplier of highly efficient wind energy systems in one of the world's largest markets. This is also emphasized by the company itself.

Germany's strategic plans regarding renewable energies are ambitious: By the year 2030, at least 80 percent of gross electricity consumption should be covered by renewable sources. In order to achieve this goal, onshore wind energy installations are of great importance.

An installed capacity of around 115 GW is expected to be achieved here by 2030. Currently, the total installed capacity in this area is only 61 GW.

The Nordex share was able to benefit from these positive developments on the stock exchange: It recorded a price increase of 2.04 percent to 10.26 euros via the trading platform XETRA. This shows that investors and analysts evaluate the company and its prospects positively.

Overall, it remains to be seen how the developments in the industry and on the market will unfold in the coming years. However, currently Nordex appears to be well positioned to benefit from the growing demand for renewable energies in Germany and other countries.