Nordex SE consolidates its European wind‑turbine pipeline with a 220 MW order book in January 2026
Nordex SE, the Hamburg‑based wind‑turbine manufacturer, confirmed that it secured a total of 220 MW of new orders across Europe during January 2026. The contracts, announced across multiple financial news outlets—including Finanznachrichten.de, Fixed‑Income.org, Avanza.se, Börsen‑Zeitung, EQSCockpit.com, and Finanzen.net—cover projects in the United Kingdom, Turkey, and other key markets. The order book underscores Nordex’s continued momentum in the competitive European wind‑turbine segment and provides a solid foundation for the company’s near‑term revenue growth.
Operational context
The new orders come at a time when Nordex has been delivering on the domestic German market as well. A separate contract worth 56 MW was awarded by the Bürgerwindpark BHU Betriebs GmbH & Co. KG for eight turbines in North Frisia, demonstrating the company’s sustained presence in its home market. Meanwhile, the company’s production line, described as “operational successes on the conveyor belt,” continues to meet demand, reinforcing the narrative of efficient manufacturing and robust supply chain management.
Market reaction
The announcement has coincided with a volatile trading session for Nordex’s shares on Xetra. The stock closed at €32.92 on 4 February 2026, comfortably within its 52‑week high of €35.22 and well above its 52‑week low of €11.10. The price‑earnings ratio of 72.12 reflects investors’ high expectations for future earnings, a sentiment that appears to be bolstered by the recent influx of contracts.
Despite a brief period of turbulence following the unexpected divestment of major shareholder Susanne Klatten, Nordex’s operational performance has remained resilient. Market analysts note that the company’s ability to secure substantial European orders amid a broader sectoral slowdown—illustrated by a DAX “stabilisation” debate featuring peers such as Airbus and Evonik—positions Nordex favorably for the next fiscal cycle.
Strategic implications
The 220 MW order book represents a significant proportion of Nordex’s annual output capacity. By securing projects across multiple jurisdictions, the company mitigates regional risk and capitalizes on the continued growth of EU renewable‑energy targets. Furthermore, the diversity of the portfolio—spanning both established and emerging markets—aligns with Nordex’s long‑term strategy of expanding its presence beyond the German base while maintaining a strong foothold in the European market.
In light of these developments, Nordex’s share price is likely to experience a sustained upward trajectory, supported by a firm contract pipeline and operational excellence. The company’s trajectory underscores its capacity to navigate industry headwinds, deliver on technical commitments, and deliver value to shareholders in a rapidly evolving energy landscape.
