One reason for the rise in the share price is the good sector sentiment for green tech shares on the markets. In addition, a potential major order was announced. At the end of the day, the stock was up 7.57 percent.
Accordingly, the company is in advanced negotiations with Acciona Energía for the supply and installation of up to 180 turbines. In total, the orders for two wind farms in Queensland, Australia would comprise up to 1.03 gigawatts.
Nordex assumes that the negotiations will be concluded and definitive agreements signed in the next few weeks. As a result, turbines could still become a firm order in 2021.
An order of this size combined with the current positive sentiment in the sector would be very good for Nordex stock.
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