Nordex has seen major losses over recent years
Nordex makes foray into green hydrogen
Wind turbine manufacturer forms joint ventures focused on project development and electrolyser manufacturing
Wind turbine manufacturer Nordex has announced the formation of two new business units to enter the green hydrogen sector. The first, a joint venture (JV) with Spanish infrastructure company Acciona, will focus on the development of green hydrogen production primarily using onshore wind in locations not connected to conventional power grids. The company plans to develop exclusive large-scale projects at a minimum of 1GW per development. Nordex claims it has already built up a pipeline of projects with a particular focus on the US and Latin America. The company aims to develop at least 500,000t/yr of green hydrogen production capacity within the next decade, with the first projects to be cons
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