As the global energy transition accelerates, the Nordex Group enters 2026 with a legacy few companies in the wind industry can match. Having celebrated its 40th anniversary in 2025, the company stands as a testament to resilience, innovation, and long-term partnership in a sector that has undergone profound transformation. Nordex is a Gold Sponsor of the RES SERBIA 2026.
A legacy of innovation and trust
Founded in 1985, Nordex began its journey at a time when wind energy was still considered experimental and uncertain. Over four decades, the company has navigated technological shifts, market volatility, and evolving policy landscapes to become a key player in the global renewable energy sector.
Today, Nordex has commissioned more than 64 GW of wind power capacity across over 40 countries and employs more than 10,400 people worldwide. Its technological evolution reflects a continuous commitment to improving performance and efficiency.
Beyond technology and scale, Nordex attributes its success to a foundation of trust: trust in its products, in its long-standing customer relationships, and in its ability to deliver reliable solutions even in complex environments. Milestones such as the development of the first megawatt-class turbine in 1995 and the strategic merger with Acciona Windpower in 2016 have further strengthened its global footprint.
Strong European roots with global reach
Europe remains a cornerstone of Nordex’s operations. Nordex has confirmed its position as the European market leader for four consecutive years, reflecting its strong operational performance, competitive portfolio, and close alignment with customer needs across the region.
In the Mediterranean region, including the Balkans and Greece, Nordex has installed more than 8 GW, highlighting both current strength and future growth potential.
The company’s presence extends globally, including renewed industrial activity in the United States with the reopening of its Iowa facility, supporting local production and job creation.
Across all markets, Nordex emphasizes consistency in quality, service, and long-term partnership—regardless of project size or geography.
Navigating supply chain complexity
As demand for wind energy grows, so do operational challenges. The increasing size of turbine components such as rotor blades exceeding 85 meters, requires sophisticated logistics and infrastructure. At the same time, rising material costs and geopolitical uncertainties continue to impact global supply chains.
To address these challenges, Nordex has adopted a decentralized production strategy, reducing dependence on any single region and improving responsiveness to disruptions. While expanding internationally, the company remains committed to maintaining a strong European manufacturing base.
Quality assurance and sustainability remain central priorities. Nordex works with qualified suppliers and enforces strict standards to ensure full compliance with technical requirements and ESG commitments.
The Balkans: a region of strategic growth
The Balkans continue to represent a strategically important growth region for Nordex, with projects already delivered or under execution in Serbia, Montenegro, Bosnia and Herzegovina, and Croatia. Wind farms such as Krivača, Pupin, Čibuk 2 and Gvozd reflect the company’s ability to enter emerging markets early, execute complex projects reliably, and maintain high health, safety and environmental standards throughout the project lifecycle.
At the same time, the Western Balkans renewable energy market remains inherently dynamic, marked by rapid shifts in momentum and sharp contrasts in regulatory stability and investment visibility. Recent developments across the region clearly show how quickly market leadership positions can evolve depending on policy clarity, implementation pace and the consistency of institutional support.
Serbia, which until recently led the regional market and served as a benchmark for attracting private investment into renewable energy through decisive policy action, is now facing a period of increased ambiguity. The absence of a clearly defined timeline for the third round of renewable energy auctions, combined with the recent extension of the suspension of new grid connection studies until 2029, increased ambiguity. and investor caution and reduced near-term market visibility.
In contrast, Montenegro has rapidly moved into the spotlight. Following Nordex’s first order in the country for the 55 MW Gvozd wind farm in late 2024, the project entered operation in May 2026, while the signing of the 21 MW Gvozd 2 expansion in March 2026 demonstrated both continuity of execution and growing market confidence. Supported by an accelerated EU alignment process and stronger institutional signaling toward renewable energy deployment, Montenegro has emerged as one of the most closely watched and increasingly attractive markets in the region.
Bosnia and Herzegovina provides a further example of Nordex’s growing regional execution capacity. A notable milestone was reached in May 2026 with the installation of the first turbine in the Federation of Bosnia and Herzegovina, marking the operational start of the company’s 73 MW project and confirming that Nordex’s expansion into this market has moved decisively from planning into implementation. Construction is progressing toward full commissioning by the end of 2026.
Taken together, these developments show that Nordex’s role in the Balkans is continuing to evolve from selective market participation to a broader regional platform built on delivered projects, projects under execution and repeat business. Alongside the progress already achieved, the company continues to strengthen its footprint through targeted investment in local teams, service capabilities and long-term market presence.
In parallel, Nordex remains committed to further expanding its footprint in the Balkans and will continue advancing its regional growth strategy throughout 2026. The company is actively preparing entry into additional markets, with the timing and sequencing of future office openings to be determined by project readiness, market developments and strategic prioritization.
Innovative financing solutions supporting growth
In addition to technology, Nordex is strengthening its role in project financing. Its approach combines competitive turbine pricing with deep financial expertise and strong relationships with lenders.
The launch of Nordex Capital in 2025 marked a significant step forward. This dedicated financing arm supports both early-stage development and ready-to-build projects, helping bridge financing gaps and accelerate project realization. Export credit agency-backed solutions further enhance access to funding, particularly in emerging markets.
This integrated model provides developers and investors with greater financial stability and a smoother path to project completion.
Looking ahead
From its origins as a pioneer in a niche industry to its current role as a global wind energy leader, Nordex’s journey reflects the broader evolution of the sector itself. As wind power becomes a central pillar of the global energy transition, the company continues to focus on innovation, partnership, and sustainable growth.
More than ever, the role of renewable energy is proving to be essential in shaping a more stable and resilient world. In a context marked by geopolitical tensions and uncertainties, including recent conflicts that highlight the volatility of fossil fuel supply chains, the need to accelerate the transition toward clean, locally produced energy has become increasingly evident. Wind energy, as a reliable and scalable solution, enables countries to strengthen their energy independence, reduce exposure to external shocks, and regain a greater degree of sovereignty over their energy systems.
In this global shift, companies like Nordex play a crucial role. By delivering efficient, high-performance turbines and supporting the development of sustainable energy infrastructure worldwide, Nordex actively contributes to building a future that is not only low carbon, but also more secure and self-reliant for nations and communities alike.
With strong foundations, expanding regional presence, and new financial tools in place, Nordex is well-positioned to shape the next chapter of renewable energy development.
