Nordex to abandon offshore wind efforts

German wind turbine maker Nordex is to discontinue its efforts to develop offshore turbines. The development emerged as the group terminated plans to transfer its entire offshore activities to a joint venture. Nordex was not able to agree with the negotiating partner on a concept for the continuation of the activities in a joint venture. Nordex disclosed its intention to seek an industrial partner for this business in Summer 2011.
Going forward, the goal is to strengthen the development of onshore turbines. Nordex plans to sell the assets of the offshore business to other interested parties in the short to medium-term. The business unit “Offshore” will be discontinued. The employees of the unit will be assigned to other Nordex business units.

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