WINDPOWERUPDATE

Germany 5 2.50

Austria 5 2.70

Switzerland CHF 4.90

USA $3.00

ITALY SWEDEN CHINA15 turbines for Turbine installations Nordex China

wind farm in Calabria in full swing focusing on

sustainability

PAGE 19 PAGE 22 PAGE 26

No. 29 ı Autumn 2009 NEWSLETTER FROM www.nordex-online.com

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EUROPE

ENBW AND NORDEX FORGING PARTNERSHIPFOR THE DEVELOPMENTOF WIND FARM PROJECTS

18 25USA

“HIGHLAND” PROJECT SUPPLIES CLEAN ELECTRICITY FOR 20,000 HOUSEHOLDS

WINDPOWERUPDATE is published by Nordex AG, Bornbarch 2,

22848 Norderstedt, Germany.

Phone: +49 40 30030 -1000, Fax: +49 40 30030 -1101

Editorial office: Felix Losada, Nordex Corporate Communications

Layout: Heuer&Sachse, Hamburg

Edition No. 29

Circulation: 10,000

Cover photo: Nordex

Photos: Nordex, Windfarm Bollène of the Compagnie Nationale du Rhône (CNR),

Robert Ayres

LOGISTICS

QUICK FEED-IN REMUNERATION

8 16CAPITAL SPENDING

SIGHTS SET ON FURTHER GROWTH

CONTENTS

| Background

| Business

| Service

| Technology

| Environment

| Logistics

| Europe

| Asia

| America

| News

| Worldwide

Interview with Thomas Richterich, CEO of Nordex AG:

“Demand for ‘green’ power stations unabated” 6

Did you know . . . 7

Capital spending

Sights set on further growth 8

Interview with Thorsten Kramer, management spokesman:

“Today, 75 % of new signings are for

premium service contracts” 10

Foundations

Firmly entrenched and absolutely secure 12

Copenhagen 2009

Stress-testing for climate protection 14

Andreas Petzold, Head of Logistics at Nordex:

“We want customers to obtain their feed-in

remuneration quickly” 16

EuropeEnBW and Nordex forging partnership for the development of wind farm projects 18

Italy15 turbines for wind farm in Calabria 19

TurkeyNordex awarded contracts for 115 MW 20

United KingdomNordex obtains orders for 52.5 MW 21

SwedenTurbine installations in full swing 22

Poland20 N90/2500 turbines going on line 24

USA

“Highland” project supplies clean electricity

for 20,000 households 25

China

Nordex China focusing on sustainability 26

Nordex will convert into a European company (SE) 27

Dr Marc Sielemann new COO Operations 27

Worldwide installations 27

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NORDEX PRODUCT PROGRAMME

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TYPE CAPACITY REGULATION MARKETS

Nordex S70, S77 1,500 kW Pitch Asia, Asia/Pacific

Nordex N80 2,500 kW Pitch Europe, Asia, Latin America

Nordex N90 2,300 kW Pitch Europe

Nordex N90 2,500 kW Pitch Europe, Asia, America

Nordex N100 2,500 kW Pitch Europe, America

EDITORIAL

Dear reader,

Major hopes are being pinned on wind power as an ecological and self-sufficient source of energy. In par -

ticular, climate protection targets are necessitating heavy capital spending in the energy industry to build

safe and environment-friendly power stations as this segment causes around 44 % of greenhouse gas

emissions. The heads of government and state of the EU countries recently came to an agreement providing

for 20 % of total energy production to be generated from renewable sources by 2020. The Chinese govern-

ment has also set itself ambitious targets with respect to wind power, while the United States has extended

and broadened its renewable energy programme.

At the same time, there is a growing political commitment towards utilising local sources of energy more

and more in order to reduce dependence on unreliable foreign sources. Wind power provides a good alter-

native in this respect as it is available virtually around the entire world in effectively inexhaustible quan tities.

Currently, wind turbines contribute only around 1% or so to the world’s electricity balance. And finally, wind

power is becoming increasingly more competitive, thanks to the heightened efficiency of our systems.

Today, the electricity produced from wind at good locations is already competitive with conventional forms

of power generation.

So, there can be no doubt that wind power will be playing an increasingly important role in the future. In this

issue of WindpowerUpdate, we again want to keep you posted about our current projects to provide proof

of this. In particular, the successful completion of an N90 wind farm in Poland is encouraging for us.

Comprising 20 2.5 MW turbines, it is our largest farm to date in this new market, which offers favourable

prospects for the future.

Our new projects in Turkey, the UK and Italy also show that the market is still fundamentally intact. And once

the banks start relaxing their financing restrictions again, experts project annual growth rates of 12 % by

2020. On the next few pages, you can read about the activities that we are carrying out today to prepare for

tomorrow’s market recovery.

I wish you pleasant reading.

Carsten Pedersen

Mr Richterich, what impact has the global economic

situation had on our business performance in 2009

to date?

Thanks to our strong order books, we have been

able to shrug off much of the impact of the financial

market crisis so far. In the first few months of the

year, our sales were up 17 % compared with the pre-

vious year, thus matching our full-year forecasts for

2009. Individual months of the current year have

been quite satisfactory in terms of order intake. In

March alone, we registered new business of EUR 194

million. The next few months will show whether this

has ushered in a sustained turnaround in new

business.

Are there already any signs of an upswing on the

horizon?

Banks are still not providing our customers with

sufficient project finance. Yet, it is precisely this prob -

lem that the extensive government economic

stimulus programmes are seeking to redress. At this

stage, it is difficult to predict when they will trigger a

recovery in the economy. Experts consider it to be

very likely that a rebound will emerge before the end

of the year and we are gearing up for this eventua -

lity. We want to maintain our ability to grow and are

preparing to harness advantages from the expected

economic upswing swiftly, for example by short -

ening project development times substantially.

So you expect continued growth in 2009 ...

... exactly. We are still seeking an increase in sales

to over EUR 1.2 billion for 2009. This means that we

expect business volumes to pick up in the current

year, followed by what we assume at this stage will

be a substantial surge next year.

Does this mean that wind power will continue to

grow in importance in the future, and where do you

see our most important markets?

All told, the wind power market will stop for a

breather this year, before returning to double-digit

growth rates in 2010. Why am I so confident? Our

market is still intact. Demand for “green” power sta-

tions remains unabated and nearly all governments

have adopted policies aimed at environmental

sustainability. Wind power is by far the fastest grow -

ing segment in the power generation industry. New

construction rose by around 40 % last year, while

conventional power station capacity has tended to

remain flat. As our industry is still very young, wind

power stations currently contribute only around

1.3 % to global electricity supplies. However, this

merely serves to highlight the enormous potential

for the future especially as wind power is not only

clean but also inexpensive. This is something that

more and more governments and energy companies

are realising. Denmark and Germany placed great

store by this trend at a very early stage and are now

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INTERVIEW WITH

THOMAS RICHTERICH “DEMAND FOR ‘GREEN’ POWER STATIONS UNABATED”

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Thomas Richterich, CEO of Nordex AG

DID YOU KNOW . . . ?. . . that six of the warmest years since 1890 have

occurred in the past decade, that sea levels rose

by an annual average of 1.8 millimetres between

1961 and 2003 on account of global warming, but

rose by 3.3 millimetres a year between 1993 and

2003 alone and that this trend is continuing?

. . . that Richard M. Daley, the mayor of Chicago,

was a guest at South Wacker Drive, the address

of Nordex USA in Chicago, on 30 April 2009 as

part of his official visit to our US subsidiary’s new

offices?

. . . that our Chinese Nordex image film received

the “Silver Award” in the “Public Relations:

Corpo rate Image” category at the US Inter -

national Film and Video Festival this spring?

. . . that around 1% of the sun’s energy absorbed by

the earth is converted into wind?

. . . that all the Nordex turbines installed to date all

around the world are theoretically able to supply

more than five million people, equivalent to the

population of Denmark, with clean wind power?

able to cover 20 % and 10 %, respectively, of their

electricity requirements. Looking ahead over the

next five years, however, the largest markets in

terms of volumes and growth will be the United

States and China. Not lagging far behind will be

Europe, especially as European governments have

adopted ambitious targets for renewable energies to

decisively lower greenhouse gas emissions.

A large part of our business is generated outside our

home country. Where do you see the largest markets

in the medium term?

At the moment, we generate 85 % of our sales in

Europe. In the medium term, however, the propor -

tion coming from the United States and the Far East

should widen. Yet, there are still also fast-growing

regions in Europe such as South-East Europe and a

number of Baltic markets. We have responded to this

by establishing subsidiaries in Turkey, Poland and

Sweden.

Do you plan to establish production facilities in any

other markets alongside the United States?

We do not want to build up extensive structures

everywhere at the same time. At the moment, we are

giving priority to our US subsidiary, especially as

Nordex USA will be our chief overseas mainstay and

also have regional production facilities.

What particular qualities do you think set us apart

from our peers?

Since 2004, we have grown by an annual average

of 55 %. This puts us ahead of our peers, particularly

at an international level. It is not particularly difficult

to achieve a strong share in your domestic market as

our Chinese competitors, for example, are currently

demonstrating. However, it is a completely different

kettle of fish for a German company to become

market leader in France or UK over many years. We

were able to do this as we focused on multi-mega-

watt systems and quality at an early stage. Nordex

was the first OEM to enter the multi-megawatt class

and, with a share of 80 % of the market, we dominate

it today. Over the past nine years, we have constant-

ly optimised this series and adapted it to local condi-

tions. When buying a wind power system, our major

customers attach particular importance to secure

yields from operation. We are able to satisfy this

requirement thanks to our technical experience.

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CAPITAL SPENDING

SIGHTS SET ON FURTHER GROWTH

Impression of the “Nordex Forum” in Hamburg.

Over the past few months, wind industry has also

been feeling the effects of bank lending restraint.

Despite this, demand for turbines as such has remained

strong as the underlying conditions for our part of

the real economy are intact, with all signs pointing to

resumed growth as of 2010 at the latest. For this

reason, Nordex invested a sum of around EUR 72

million last year in extending and modernising its

production facilities and in the development of new

products. In 2009, we will be spending a further

EUR 70 million to ensure our continued growth.

The aim is to additionally enhance our competi -

tiveness and to ensure that we can continue to grow

more quickly than the market in the future. Our sales

and marketing efforts are being targeted at prom -

ising markets expected to generate promising vol -

umes. At the same time, it is crucial for us to have our

own organisational structures in these regions as we

can only expect to generate sustained good business

by possessing or – in the short term – building up

local project management and service expertise. This

is precisely the strategy which we have been pur-

suing in the United States over the past few months.

At our US headquarters in Chicago, we have already

recruited over 30 specialists in project management,

marketing, service, engineering and procurement

within a short space of time. Work on the construc -

tion of our production facility in Jonesboro, Arkansas,

is commencing in late summer 2009.

As well as this, the final obstacles in the construc-

tion of our headquarters in the Langenhorn suburb

of Hamburg have now also been overcome. Accord -

ingly, the move from four separate buildings located

close by in the greater Hamburg region to the

“Nordex Forum” is to take place next year. “This

marks an important step in our expansion course.

Looking forward, we will have a modern building

complex which will keep pace with our growing

space requirements to optimum effect,” says Thomas

Richterich, CEO of Nordex AG.

The new headquarters, which are being developed,

built and owned by construction company Hochtief,

which will also be the ultimate owner, is initially

being configured for around 600 employees. How -

ever, in a second construction phase it will be possible

to double capacity to up to 1,200 employees, if

necessary. Over the next few years, we plan to create

further jobs offering strong potential for the future at

our headquarters and will thus be strengthening our

roots in Hamburg to an even greater extent.

The project is being executed in the light of

ecological principles. Thanks to the use of regenera-

tive energies, it betters the requirements stipulated

in the Energy Savings Ordinance by substantially

more than 25 %. As a result, our new company head-

quarters qualify for inclusion in the European

Union’s Green Building partner programme.

Impression of our production facility in Jonesboro.

Mr Kramer, you are the management spokesman and

responsible for Nordex service. What are the long-

term goals being pursued with our service activities?

Of course, our first priority is to ensure the con-

tractually guaranteed levels of availability for our

customers. As our new business has grown by a

good 50 % over the past four years, we have to take

charge of an increasing number of turbines every

year. This means that we double our business

volume in the field of warranty service every two

years. At the same time, the number of full-mainten-

ance contracts with lifetimes of between nine and

twelve years is rising. Today, these already account

for 75 % of new contracts and as much as 90 % in

France. Regardless of this, we are preparing for the

market with after-sales service contracts. One

example of this is our “Mod-Centre”, which prepares

distribution of modernisation packages for different

turbine series.

Is there any sign of utilities preferring to service

their wind power systems themselves?

I think that it is conceivable that large customers

may want to handle basic maintenance themselves

with the support of the turbine manufacturer. How -

ever, they cannot fully dispense with the turbine

manufacturer’s assistance as this would cut them off

from the flow of technical enhancements, something

which doesn’t make any sense at all. Only the manu-

facturers are working continuously on optimising

their systems. To my knowledge, no utility is pre -

paring to handle all service activities itself; other -

wise, they would have long since started concen -

trating on a single manufacturer rather than building

up a fleet of different turbine types. This may change

in the future.

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INTERVIEW WITH

THORSTEN KRAMER “TODAY, 75% OF NEW SIGNINGS ARE FOR PREMIUM SERVICE CONTRACTS”

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Thorsten Kramer, management spokesman

And what about the competition coming from inde-

pendent service providers?

On the one hand, we welcome independent ser-

vice providers as partners, as we are not able to set

up our own service organisation in countries with

just a few installations. On the other hand, some of

these providers also try to compete with us on our

main markets. Unfortunately, at the moment we

occasionally lose a project in this way. However, we

have noted recently that customers rarely get a long-

term benefit from these often cheaper offers, as after

a certain time they find out that quality has its price

and then they come back to us.

What in your experience are the main sources of cus-

tomer dissatisfaction?

Various customers criticised the lack of or slow

reaction by the Service department. This may be in

regards to the accessibility of our staff, where com-

plaints can be aired, or to spare-parts service and

proactive modernisation offers. We know these

topics very well, as our own surveys have produced

very similar results. Of course, we don’t just take

note of this – we take it very seriously and are work -

ing on improvements. The “Mod-Centre” and the

new Service Hotline with the e-mail address

serviceline@nordex-online.com are two innovations

to be mentioned here. We are also in the process of

ensuring 48-hour availability for all spare parts,

although the necessary structure for this has not yet

been established in all markets. So the improve-

ments made on the basis of this measure will not

have reached the customer in full yet.

Where will we be establishing new service activities

in the foreseeable future?

Here, we are following a clear strategy: irrespec -

tive of the number of turbines in service, there are

three stages in the setting up of our regional service

structures. In Stage 1, we work with so-called Service

Points, as is the case in Bulgaria, for example, at the

moment; then comes Stage 2, the “Customer Service

Office”, where we not only have our service engin -

eers, but some back-office functions as well. We will

be reaching this stage in Turkey and Poland this year.

In countries with a significant number of turbines in

service, as is the case in France, Italy and the UK, the

foreign subsidiaries then set up structures, with sup-

port from headquarters, which are able to act com-

pletely independently. This also applies to the struc-

tures in North America and China.

What importance does service business have for

Nordex today, and where do you see it in five years’

time?

It is my firm conviction that you cannot sell a

technical product without manufacturer service. Our

customers and their banks insist on guarantees in

order to secure their investments. There are even

trends toward extending these guarantees up to 20

years. Manufacturers can only do this if they have

their own service organisation. So for Nordex, ser-

vice is indispensable. Incidentally, this also applies

inside the company, as the Service department pro-

vides the Engineering department with important

information for optimising our products. It’s difficult

to say where we will be in five years’ time, and it de-

pends a great deal on how dynamically the market

develops overall. This applies to expanding after-

sales service, for instance. Compared to older in -

dustries, we are still in our infancy in the Service

department. You will probably not be able to recog-

nise Nordex Service in the year 2015.

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“To build tall towers, you have to spend a lot of

time on the foundations.” This statement made by

Anton Bruckner, one of the most significant and inno-

vative composers of the 19th century, is still music to

the ears of wind power experts today. Indeed, no -

where is it more appropriate than in the wind power

sector. Without a fully functional and permanently

secure foundation, wind turbines cannot operate pro-

fitably and safely.

Accordingly, the foundation forms an integral

part of every wind power system. It anchors the

turbine, which weighs several hundred tons, firmly

to the ground over a fairly small area. At the same

time, it must have dynamic characteristics permit-

ting the compressive forces and loads generated

by the revolving turbine rotor to be absorbed

safely in the ground over a period of many years.

In the event of any errors in the design and con-

struction of the foundation, even minimal move-

ments of the tower may cause cracks in the founda-

tion. As a result, the wind power system’s stability

may be impaired by the penetration of water,

which erodes the cement and creates cavities in

the foundation. Once a tower has been installed, it

is very difficult to repair the foundation on which it

stands.

With towers measuring 80, 100 or even more

metres in height, Nordex multi-megawatt turbines

are spared such a fate. Since first launching the 2.3

and 2.5 MW turbines in 2000, Nordex has been using

flat foundations made of steel-reinforced concrete,

which is cast directly on the site. In addition, an

anchor cage is integrated in the foundation to link the

tower and the foundation. For this purpose, Nordex

uses a special solution to anchor the foundation

body, an invention for which it has applied for patents

from the German Patent and Trademark Office, the

European Patent Office and the United States Patent

and Trademark Office.

The purpose of the anchor cage is to transfer the

load more effectively to the foundation and to literal-

ly anchor the tower to the foundation. Comprising

two ring-shaped steel plates – an anchor plate and a

load distribution plate – secured by anchor bolts, the

anchor cage is pretensioned in accordance with the

individual foundation calculations. It is surrounded

by steel reinforcement. During the construction of

FOUNDATIONS

FIRMLY ENTRENCHED AND ABSOLUTELY SECURE

the foundation, we attach particular importance to

careful casting of the concrete to ensure that the

anchor bolts and the T-flange at the bottom of the

lower tower section fit perfectly. The concrete

absorbs the compressive forces and the steel rein-

forcement the tensile forces. Grouting mortar is

inserted between the surface of the foundation and

the load distribution plate. The latter reduces the load

from the pretensioned anchor bolts and from the

operating loads at the surface of the foundation.

This type of anchor system has proven itself for

Nordex’s multi-megawatt wind turbines over many

years. Our Central Engineering department is con-

stantly working on further enhancements as this

system is the most efficient way of transferring

loads into the ground, particularly in the case of

large turbines.

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COPENHAGEN 2009

STRESS-TESTING FOR CLIMATE PROTECTION

The whole world will be turning its attention to

Denmark in December 2009, when the Global

Climate Conference in Copenhagen will be deciding

whether a sustainable climate policy is possible. At

the conference, some 190 countries will have to

agree on rules aimed at slowing the rate at which the

earth is heating up. These promise to be very difficult

negotiations – yet their outcome will have a crucial

bearing on our future.

At the moment, average temperatures on our

planet are expected to rise by six degrees by 2100.

The causes are well-known: too much gas, oil and

coal are being burned to produce energy. In the

absence of any change, the current scenarios paint a

bleak future. As sea levels rise, some 10 % of the

world’s population face the prospect of losing their

homes as a result of flooding.

In 1997, the international community adopted the

Kyoto Protocol on climate protection. Despite this,

however, greenhouse gas emissions have continued

to rise unabated. If no follow-up convention is signed

in Copenhagen, the emissions restrictions which the

industrialised nations agreed to adopt will expire in

2012.

There is no doubt as to what is at stake and there

is universal consensus that CO2 emissions must be

cut by more than half by the middle of the century.

To achieve this, a turnaround in the volume of

emissions being produced is crucial in the next ten

years, something which, in turn, is possible only if an

international convention is signed in Copenhagen.

There is no agreement on the extent to and speed

with which individual countries are to contribute to

efforts to reduce emissions of harmful gases.

Regardless of whether the countries have ratified the

Kyoto Protocol, which continues to apply, or merely

the framework conventions on climate protection, it

is necessary to come to an agreement on whether

poor countries are to be helped both financially and

through the provision of technology despite the cur-

rent economic crisis. This support is required for

them to convert their economies on a sustained

basis in the interests of protecting the climate.

Clean high-tech solutions are available. With the

extensions to renewable energies – particularly risk-

free wind power – it is possible to reduce global

emissions of carbon dioxide in the production of

electricity on a sustained basis. Wind power is the

least expensive and most competitive way of produ-

cing “green” electricity. Over the past 15 years, the

cost of generating electricity from wind power has

dropped by 50 %. Today, cost levels are equivalent to

those of conventional power stations. Within the

next 12 years, wind power could help to avoid ten

billion tons of CO2 emissions and cover around 12 %

of the world’s global energy requirements.

Mr Petzold, can you briefly describe the logistic

requirements of wind power systems?

In terms of logistics, there is a strong similarity

with the requirements for construction machinery

and large cranes. These also entail heavy and bulky

components which must be transported under vary-

ing conditions in series and large series and general-

ly also require special permits. Occasionally, we

must organize up to one hundred oversized hauls in

less than two weeks without losing sight of transport

capacity and local regulations.

What are delivery periods like compared with other

major plant engineering projects?

Our delivery periods are substantially shorter

than for conventional power stations. Sometimes,

there is a period of only 15 months or even less

between the date on which the contract is signed and

the date on which the wind farm goes on line. In the

case of conventional power stations, it can take

anywhere between three and six years to complete

the project. We execute actual delivery of the com-

ponents for wind power systems between the ninth

and twelfth month. Our job is to ensure that the

delivery phase and active work at the construction

site coincide as far as possible. The aim is to deliver

the components as late as possible so that they can

be immediately installed at the site. In this way, we

help to ensure that our customers receive their feed-

in remuneration quickly.

That means that the key to widening electricity pro-

duction capacity swiftly is wind energy rather than

conventional power stations.

Yes, that’s true. Wind power systems ordered

today will be delivered in 2010 at the latest. On the

other hand, construction of conventional or large-

scale power stations will not commence before 2013

at the earliest. And what is more, wind power is a

clean form of energy . . .

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INTERVIEW WITH

ANDREAS PETZOLD “WE WANT CUSTOMERS TO OBTAINTHEIR FEED-IN REMUNERATIONQUICKLY”

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Andreas Petzold, Head of Logistics at Nordex

... how environment-friendly are the logistics given

that heavy-duty transportation equipment is

required?

By comparing the CO2 emissions arising during

the production, transportation, installation and start-

up of a wind power system with the total volume of

CO2 emissions avoided during the entire life cycle of

the turbine, it is possible to determine the point in

time at which the technology starts operating on a

climatically neutral basis. This is somewhere be -

tween seven and eleven months. On this basis,

transportation by air cargo would also be a viable

option. In addition, we develop and produce towers

locally in our export markets. As a matter of prin -

ciple, we don’t like transporting towers over long

distances. In terms of volume and expense, they

account for roughly half of the transportation costs.

Accordingly, the focus on local production makes

good ecological sense.

Do you see any innovative logistics solutions likely

to be utilised in the future?

One example is the “lighter than air” models,

which make ecological sense in many respects. This

is not so much a Zeppelin as a balloon for lifting

components. It could initially be used for transport -

ing the blades. In particular, it would enable us to

transport the blades to locations which we can other-

wise not reach at reasonable expense, if at all, for

example inaccessible heights and plateaus.

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The German utility EnBW Energie Baden-Würt-

temberg AG and Nordex will work together in wind

farm development projects in Europe in the future.

The two companies have forged a partnership for the

joint development of wind power projects and for

extending capacities of electricity generation by

wind in the coming years. The partnership focuses

on the turbines N80, N90 and N100, of which we

have to date produced over 1,000 units.

“The background to this partnership is EnBW’s

declared aim to almost double the share of renew -

able energies in its production portfolio to at least

20 % by 2020. To this end, EnBW will be boosting its

wind power capacity significantly”, says Dr Werner

Götz, general manager of EnBW Renewables GmbH.

“We are very pleased that our European-wide

sales activities have also resulted in a partnership

being forged with a utility. The contract testifies to

EnBW’s confidence in the good quality of our multi-

megawatt turbines,” says Carsten Pedersen, COO

Sales and Marketing at Nordex AG.

EUROPE

ENBW AND NORDEX FORGING PARTNERSHIPFOR THE DEVELOPMENTOF WIND FARM PROJECTS

We are installing another wind farm in Italy: key-

account customer Falck Renewables has ordered 15

wind power systems, type N80/2500, with a total

effective output of 37.5 MW for the “San Sostene”

project in the region of Calabria. These are being sup-

plied under a master agreement signed by us and

Falck in 2008, in which up to 250 MW can be called in

by 2011. “Demand from our customers continues to

be strong. However, it is above all gratifying to note

that they are increasingly able to finance their pro-

jects via lending banks,” says Nordex CEO Thomas

Richterich.

Nordex will be delivering and erecting the 15 tur-

bines for “San Sostene” as of July 2009. We signed

the contract with Eolica Sud Srl, a subsidiary of Falck.

It also covers Premium service for a period of at least

nine years.

The “San Sostene” wind farm is located near the

village of the same name in the Calabrian province of

Catanzaro. The 15 Nordex turbines are an extension

of the first construction phase, which is already in

the process of installation. The wind farm is due to be

completed at the beginning of next year. The turbines

will be erected in a mountainous region at elevations

of between 950 and 1,200 metres – an attractive loca-

tion with superior wind speeds. Here, the 15

N80/2500 strong-wind turbines are able to generate

an annual energy yield of approximately 80 gigawatt

hours, sufficient to provide 20,000 households with

electricity and simultaneously avoiding greenhouse

gas emissions of approximately 80,000 tons.

Falck Renewables develops and operates wind

farms in the four core markets of the United King-

dom, France, Spain and Italy. In addition to this, the

London-based company plans to establish itself with

wind farm projects in the new markets of the future.

Since its foundation in 2002, Falck has already put

around 400 MW on grid.

ITALY

15 TURBINES FOR WIND FARM IN CALABRIA

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We are extending our position in the Turkish

market. We have now gained two firmly financed

contracts for a total volume of 115 MW. Starting in

winter 2009, we will be constructing the “Bergama”

wind farm comprising 36 N90/2500 turbines for

power station operator Bilgin Enerji. With a total

nominal output of 90 MW, “Bergama” will be our

largest wind farm in Turkey and one of the largest in

the country. Starting in autumn 2009, we will be

additionally supplying ten N90/2500 turbines with an

installed capacity of 25 MW for the “Bandirma III”

wind farm for a new customer, As Makinsan. Both

Bilgin Enerji and As Makinsan have additionally

booked premium service packages from us.

“Bergama” is the second project on which Bilgin

Enerji and Nordex are working together. The

“Mazi III” wind farm comprising nine N90/2500 tur -

bines is currently being constructed on the peninsu-

lar of Çeşme. The Turkish company will be calling

down the turbines for “Bergama” under the terms of

a master contract signed with us in spring 2008 and

providing for a total volume of 210 MW. The wind

farm is located in West Turkey close to the ancient

city of Bergama. The 36 wind turbines are being

installed at heights of up to 650 metres, where high

wind speeds averaging around 9 m/s prevail. With a

projected annual energy yield of around 300 giga-

watt hours, “Bergama” has the potential to supply

150,000 Turkish households with clean electricity,

thus avoiding CO2 emissions of around 300,000 tons.

The second contract for “Bandirma III” is the first

wind farm project initiated by As Makinsan, a group

hitherto specialising in the textile, construction and

tourism industries but now increasingly focusing on

the construction of wind farms. Also located in West

Turkey, “Bandirma III” is close to the port city of the

same name, where we will be constructing the wind

farm in flat grasslands. With average wind speeds of

7.4 m/s, it will achieve an annual yield of around

72 gigawatt hours.

We are planning to feed up to 200 MW of new

power into Turkey’s national grid by the end of 2009.

“The establishment of a local company marked an

important strategic step in our efforts to position our-

selves in the emerging Turkish market. In this way, we

can execute local projects more quickly and efficient-

ly,” explains Carsten Pedersen, COO Sales and Mar -

keting at Nordex.

The address of our new office in Turkey is:

Nordex Enerji A.Ş.

Havaalanı Kavşağı EGS Business Park Blokları

B3 Blok, Kat 16, No: 462

34149 Yeşilköy/ Istanbul

Tel.: +90 212 465 36 03; Fax: +90 212 465 36 04

TURKEY

NORDEX AWARDED CONTRACTS FOR 115 MW

Nordex will be delivering a total of 21 N90/2500

High-Speed turbines for the wind farms

“Inchincoosh” (Ireland) and “Craigengelt” (Scot-

land). For “Inchincoosh” our largest Irish customer,

the project developer SWS Energy, has ordered

32.5 MW. The project “Craigengelt” wind farm was

ac quired by the global energy company GDF SUEZ

in autumn 2008. Nordex is to install 20 MW there.

Both orders also include five-year service agree-

ments.

The “Inchincoosh” wind farm is to be built in

County Kerry in the south-west of Ireland, near to the

town of Kilgarvan and the border to County Cork.

This project is an extension of the existing

“Kilgarvan” wind farm. The turbines are to be erec-

ted at altitudes of between 240 and 400 metres,

making optimal use of the prevailing wind speeds,

which average 8.6 m/s at this location. The annual

yield is expected to come to 100 gigawatt hours.

“Inchincoosh” is already the second wind farm

that we have erected for SWS Energy. The first pro-

ject, “Knockawarriga”, has been online with 22.5 MW

since July 2008 and is located in County Limerick.

Here we installed the first N90/2500 turbines on the

Emerald Isle. The successful handling of this project

made it possible for us to immediately obtain a firm

follow-up order from SWS.

“Craigengelt” is the first wind farm project by

GDF SUEZ in Great Britain. We are erecting the tur -

bines on the open upland moor directly adjacent to

the “Earlsburn” wind farm, which is operational with

15 machines of the N80/2500 series. The site is near

the city of Stirling, to the North of Glasgow. Here, the

wind speed averages 8 m/s and the annual yield is

expected to come to 65 gigawatt hours.

GDF is not one of our new customers either: this

wind farm operator previously placed an order with

us for the delivery and erection of 30 N100/2500 tur-

bines for a large French project next year.

“The fact that SWS Energy and GDF SUEZ have

called in turbines at this time shows that solid pro-

jects are financed in economically difficult times. We

project a good capacity factor of more than 35 % at

the two sites. Furthermore, the markets offer attrac -

tive purchase prices for renewable energy,” says

Carsten Pedersen, COO Sales and Marketing at

Nordex AG.

UNITED KINGDOM

NORDEX OBTAINSORDERS FOR 52.5 MW

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When Sweden announced in 2006 that it was

planning to cover its entire energy requirements

without using fossil fuels by 2020, thereupon pass -

ing its own Wind Power Act, this prompted us to

open a branch in Uppsala near Stockholm. This deci-

sion proved to be absolutely right as demand for

wind power systems has been rising steadily since

then. Most tenders are for large-scale projects and

multi-megawatt systems.

Within a very short space of time, Nordex Sverige

has been awarded numerous contracts and has

already installed 60 MW of wind power across the

entire country. N90 turbines with an installed nomi-

nal capacity of 2.5 MW each have been put into oper -

ation at the “Huds Moar”, “Bondön”, “Ryningsnäs”

and “Axeltofta” wind farms for our customers E.ON,

Vattenfall, Globalgreen Energy and Rabbelshede

Kraft. The N90/2500 is the most versatile and also

one of the most efficient wind power systems in the

Nordex range. Available in HS high-speed and LS

low-speed versions for strong and low wind loca -

tions, it is ideally suited for accommodating the

differing wind conditions prevailing in Sweden.

Also this year, our project management depart-

ment has its hands full constructing numerous wind

farms around the country. The largest projects

currently on our books entail an aggregate capacity

of 57.5 MW. In the central Swedish province of

Jämtland, we are currently working on the “Storrun”

wind farm for DONG Energy, a joint venture forged

by six Danish energy companies. It comprises

12 “CCV” N90/2500 kW turbines, which are ideally

suited for locations with protracted below-zero tem-

peratures of up to minus 20 degrees. The turbines are

scheduled to go into operation at the end of 2009.

High in the north close to the Finnish border, we

are constructing the “Axelsvik” wind farm for Kalix

Vindkraft and working on the “Möckelsjöberget” pro-

ject for Möckelssjö Energie as well as in the south in

“Kulltorp” for Gnösjö Energie – all these wind farms

are fitted with N90 turbines.

Sweden owes its appeal as a wind power country

to the good locations, geographic conditions and the

certificate system introduced in 2003, with which the

government is seeking to widen the share of renew -

ables in total Swedish electricity production. Pro -

ducers of “green” electricity receive a certificate

from the government. The advantage of this is that

they are able to earn income both from the sale of

electricity and the sale of the certificates.

SWEDEN

TURBINE INSTALLATIONS IN FULL SWING

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We have built our most powerful wind farm in

Poland to date: in Tychowo, around 350 kilometres

north-west of Warsaw on the Baltic coast, 20

N90/2500 turbines each with a nominal output of

2,500 kilowatts will be generating some 100,000

MWh of electricity a year. This is sufficient to cover

the electricity requirements of 30,000 Polish house-

holds.

The turbines of the 50 MW wind farm have been

assembled on top of tubular towers with a height of

100 metres. As measurements indicated mean wind

speeds of 6.5 m/s, the low-speed version of the

N90/2500, which has been specially engineered for

low-wind conditions, is the ideal choice for this

location.

We have assembled the wind power systems for

operating company Megawatt Baltika, a subsidiary

of the Austrian-Spanish joint venture RP Global,

which specialises in renewable energies and is

managed from headquarters in Vienna and Madrid.

“Nordex completed the project in a very profes-

sional way,” says José Lozano, CFO at RP Global, full

of praise. “‘Tychowo’ is proof that renewable energy

projects can be financed despite the extremely diffi-

cult conditions in the capital market as a result of the

global economic crisis. We hope that the completion

of Tychowo will also encourage other investors to

step up their project activities in Poland. At the same

time, we are pleased that our project not only sub-

stantially improves Poland’s track record in clean

electricity but will also provide revenue and employ-

ment in the Slawno region.”

With the completion of the “Tychowo” wind farm,

we are strengthening our presence in the promising

growth market of Poland, after opening a branch in

Gdansk at the beginning of the year. In Koszalin close

to the Baltic Sea, Nordex service staff are respon -

sible for monitoring the existing turbines, with their

duties also to include the “Tychowo” wind farm in

the future.

POLAND

20 N90/2500 TURBINES GOING ON LINE

We have completed our first major American

project, the “Highland” wind farm, for Everpower

Renewables. The project connects 25 of our N90

2.5 MW high-speed wind turbines to the grid in

Pennsylvania. The site is in the south-western part of

the state, in a former mining area. A total installed

capacity of 62.5 MW means that “Highland” can

supply clean electricity to 20,000 households per

year, while eliminating 115,000 tons of harmful

carbon dioxide emissions.

“Highland” is our first US wind farm using the

proven N90/2500 technology and one of the first

wind farms in the country using turbines this large.

The average size of the turbines erected here in 2008

was only 1.7 MW.

Nordex USA will manufacture the 2.5 MW tur -

bines in Arkansas. Construction of the 115,000 sq. ft.

production facility in Jonesboro has begun this

summer, an important step in meeting the growing

demands of the American market. According to

experts, the installed US capacity (25,237 MW as of

December 2008) is set to more than triple by the end

of 2013.

With our new plant in Jonesboro and an experi-

enced team at the head office in Chicago we intend

to make a major contribution to this.

Jim Spencer, CEO of Everpower, commented,

“For us the completion of the ‘Highland’ wind farm is

a major step in Everpower’s development. We

selected Nordex and these turbines after extensive

studies of their success in worldwide installations.

The 2.5 MW turbine allows us to achieve a higher

power density in the land-constrained areas in the

north-east, where we have a large development

pipeline. We are delighted with our decision and look

forward to utilising the N90 at additional locations

now under construction.”

USA

“HIGHLAND” PROJECT SUPPLIES CLEAN ELECTRICITYFOR 20,000 HOUSEHOLDS

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China will almost certainly be the world’s largest

electricity producer in 2009. Despite the enormous

volume of electricity which it is generating, it is

already suffering from occasional energy shortages.

For this reason, it wants to establish an installed

wind power capacity of up to 30,000 MW by 2020.

Electricity shortages provide motivation to go new

ways – yet only sustainable solutions are ultimately

viable.

Today, our Chinese customers can be assured of

receiving proven technical quality and reliability

which has been tried and tested over many years.

More than 24 years of practical experience gained in

installing over 3,850 turbines in 31 countries are

plowed back into the development and production of

our wind turbines today.

Since entering the Chinese market in mid 1998,

we have always worked closely with government

agencies. Today, we are producing our Nordex S70

and S77 1.5 MW turbines at our production plant in

Yinchuan. These are modern pitch-controlled tur -

bines designed on the basis of a complex engineer -

ing model. Numerous wind farms comprising tur-

bines made in China have been completed since our

Chinese facility went into operation.

Indeed, Nordex has DIN ISO 9001 certification

covering the planning, sourcing, erection and start-

up of all electrical and automated systems as well as

infrastructural activities related to wind power

systems and wind farms. Our turbines are also certi-

fied by Germanischer Lloyd in accordance with inter-

national standards. This applies equally to all tur-

bines produced by Nordex China, which is why we

have such a good name in China. What is more, we

source core components from local companies

meeting our high-quality requirements. In this

respect, we benefit from the many years of ex-

perience gained in this country as the quality and

reliability of local partners vary considerably and

ultimately constitute a risk for wind farm investors.

Technologically, we fit our turbines for the Chinese

market with cold climate technology if necessary so

that they can operate even in cold winters with tem-

peratures dropping to as low as minus 44 degrees.

Yet, the production of wind power systems is not all

there is to our job. What is also critical is the erection,

commissioning and ongoing monitoring of the wind

farms. Thanks to the projects which we have ex -

ecuted all around the world, we have experience in

nearly all climatic zones and with different grid con-

ditions. After all, projects can fail if they are not

serviced properly after completion. It is with this in

mind that Nordex has set up service stations of its

own for the wind farms that it has built to date and

provided its staff with intensive training. Nordex

China is committed to sustainability – in the interests

of both the environment and its customers.

CHINA

NORDEX CHINA FOCUSINGON SUSTAINABILITY

+ + + Short News + + + Short News + + + Short News + + + Short News + + + Short News + + + Short

At the annual general meeting on 26 May 2009

the shareholders decided to convert Nordex Aktien-

gesellschaft into a European Company (Societas

Europaea, SE) with the name Nordex SE. “The Euro-

pean Company is a modern corporate form which

provides a special answer for the need for an open

corporate culture and reflects the international foot-

print of our business,” explains Thomas Richterich,

CEO of Nordex AG. Europe is Nordex AG’s home

market: in 2008, we generated some 86 % of our

sales in this region; as of December 31, 2008, nearly

80 % of our global headcount was based at the

Group’s European companies.

NORDEX WILL CONVERT INTO A EUROPEAN COMPANY (SE)

Since 1 April 2009, Dr Marc Sielemann is the COO

Operations on Nordex AG’s Management Board and

so responsible for production, sourcing and service.

Prior to this, he held management positions at MAN

for many years. In one of his most recent functions,

he was the managing director of MAN Trucks in

Poland and responsible for the final assembly of

heavy-duty trucks for Eastern Europe and Russia.

With a doctorate in mechanical engineering, he has a

proven track record as a production specialist with

broad experience in the assembly of production

facilities. This is of particular relevance for Nordex as

it will be spending heavily over the next few years on

establishing and extending its production facilities in

Germany, China and the United States.

DR MARC SIELEMANN NEW COO OPERATIONS

WORLDWIDE INSTALLATIONS

COUNTRY INSTALLED WIND TURBINES

diverse N60/1300 S70/1500 total totalup to 1 MW N62/1300 S77/1500 N90/2300 N80/2500 N90/2500 N100/2500 installations MW

Austria 6 3 – – – – – 9 5.30

Bulgaria – 4 – – – 1 – 5 7.70

Canada – 20 – – – – – 20 26.00

China 204 41 172 – – – – 417 424.90

Columbia – 15 – – – – – 15 19.50

Czech Republic – – 3 – 3 – – 6 12.00

Denmark 125 52 – 2 – 1 – 180 148.55

Egypt 105 – – – – – – 105 63.00

Estonia – – – 8 – – – 8 18.40

Finland – 3 – – – – – 3 3.90

France 58 36 – 145 27 155 – 421 871.75

Germany 544 353 443 85 35 7 6 1,473 1,757.65

Greece 46 – – – – – – 46 28.85

India 263 – – – – – – 263 57.85

Ireland – 4 – – 10 9 – 23 52.70

Italy 2 – 26 44 1 39 – 112 241.80

Japan 16 29 – – 2 9 – 56 73.10

Netherlands 10 – – – 25 13 – 48 102.20

Norway – – – – 16 – – 16 40.00

Poland 1 – 3 – 4 20 – 28 64.75

Portugal 3 32 – 82 – 45 – 162 345.10

Spain 25 56 – – – 22 – 103 142.80

Sweden 1 – – – – 34 – 35 85.60

Turkey – – – – – 25 – 25 62.50

UK 9 60 – 26 94 54 – 243 514.40

USA 12 12 – – – 26 – 50 91.45

others* 21 – – – – – – 21 11.70

total installations 1,451 720 647 392 217 460 6 3,893

total MW 757.85 936.00 970.50 901.60 542.50 1,150.00 15.00 5,273.45

total installations: 3,893 total MW: 5,273.45 as of: 1 August 2009

*Australia, Belarus, Israel, Latvia, Luxembourg, Russia, Syria, Hungary, Uruguay

total countries: 35

WE ARE REPRESENTED WITH OFFICES AND SUBSIDIARIES WORLDWIDE.

Nordex AG

Bornbarch 2

22848 Norderstedt, Germany

Phone: +49 40 30030 1000

Fax: +49 40 30030 1101

E-mail: info@nordex-online.com

Sales Nordex Energy GmbH

Bornbarch 9

22848 Norderstedt, Germany

Phone: +49 40 30030 1490

Fax: +49 40 30030 1491

E-mail: info@nordex-online.com

Service Nordex Energy GmbH

Bornbarch 2

22848 Norderstedt, Germany

Phone: +49 40 30030 1209

Fax: +49 40 30030 1301

E-mail: info@nordex-online.com

Nordex Energy GmbH

Erich-Schlesinger-Straße 50

18059 Rostock, Germany

Phone: +49 381 6663 3300

Fax: +49 381 6663 3339

E-mail: info@nordex-online.com

Nordex Energy GmbH

Niels Bohrs Vej 12 B

6000 Kolding, Denmark

Phone: +45 75 73 44 00

Fax: +45 75 73 41 47

E-mail:denmark@nordex-online.com

Nordex Sverige AB

Kungsängsvägen 21

75323 Uppsala, Sweden

Phone: +46 18 185 900

Fax: +46 18 185 927

E-mail: info@nordex-online.com

Nordex Energy GmbH Benelux

It Reidlân 79

8502 CE Joure, Netherlands

Phone: +31 513 41 23 54

Fax: +31 513 41 85 88

E-mail: info@nordex-online.com

Nordex Energy Ibérica S.A.

Calle Ausiàs Marc, 23 pral.

08010 Barcelona,

Spain

Sales Office:

Pso. de la Castellana, 23 2º-A

28046 Madrid,

Spain

Phone: +34 91 7000356

Fax: +34 91 3199388

E-mail: spain@nordex-online.com

Nordex enerji A.Ş.

Havaalanı Kavşağı EGS Business

Park Blokları

B3 Blok Kat: 16 No: 462

34149 Yeşilköy/Istanbul, Turkey

Phone: +90 212 465 36 03

Fax: +90 212 465 36 04

E-mail: info@nordex-online.com

Nordex Polska Sp. z o.o

Ul. Kruczkowskiego 12

80-288 Gdansk,

Poland

Phone: +48 58 7320260

Fax: +48 58 7320269

E-mail: info@nordex-online.com

Nordex Italia S.r.l.

Viale Città d’Europa 679

00144 Rome,

Italy

Phone: +39 06 83 46 30 01

Fax: +39 06 83 46 30 60

E-mail: info@nordex-online.com

Nordex Energy GmbH

c/o Thomas Annegg

Schöffelgasse 4/6

1180 Vienna,

Austria

Phone: +43 1 615 39 38 10

Fax: +43 1 615 39 38 20

E-mail: info@nordex-online.com

Nordex China

Room 808

First Shanghai Center, No. 39

Liangmaqiao Road

Chaoyang District

Beijing 100125, P. R. China

Phone: +86 10 84 53 51 88

Fax: +86 10 84 53 51 58

E-mail: china@nordex-online.com

Nordex France S.A.S.

1, Rue de la Procession

93217 La Plaine Saint-Denis, France

Phone: +33 155 93 43 43

Fax: +33 155 93 43 40

E-mail: france@nordex-online.com

Nordex UK Ltd.

Suite 4, Egerton House

The Towers Business Park

Didsbury M20 2DX

United Kingdom

Phone: +44 161 445 99 00

Fax: +44 161 445 99 88

E-mail: uk@nordex-online.com

Nordex USA, Inc.

300 South Wacker Drive, Suite 1500

Chicago, Illinois 60606, USA

Phone: +1 312 386 4100

Fax: +1 312 386 4101

E-mail: nordexUSA@nordex-online.com