Nordex SE (Nordex) develops, produces, sells and installs onshore multi-megawatt wind turbines and complete systems, including the control software and central components and offers related services. It serves large and medium-sized utility companies and independent power producers, medium-sized project developers, public utility companies and citizens wind farms or energy cooperatives, and industrial captive producers and financial investors, such as insurance companies and pension funds.

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The company’s research and development efforts focus on creating new methods for producing, transporting, and servicing wind power systems. The company also focuses on extending the lifespan of their turbines for certain projects up to 35 years. The company is also involved in projects related to incorporating renewable energy into power grids. During the year the company had 628 employees in the Engineering segment. The company’s research and development centers are in Rostock and Hamburg (Germany), in Pamplona and Madrid (Spain) and Chennai (India). In FY2022, the company’s R&D expenditure stood at EUR161.5 million as compared to EUR163.6 million in FY2021.