By Kari Williamson

The wind turbine order intake in the fourth quarter (Q4) reached €400 million, up 30.7% on the same period in 2010.

Europe accounted for 77% of the new wind turbine order intake, and the US accounted for 21%.

“On the strength of this good performance, we assume that the volume of firmly financed order backlog has risen from €411m in the previous year to €700m in the beginning of 2012,” Thomas Richterich, CEO of Nordex comments.

The full annual report is due in April.