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OFFERING MEMORANDUM Global Offering of up to ... - Nordex

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turbine. When the power output is <strong>to</strong>o high, the controller sends a<br />

command <strong>to</strong> the blade pitch mechanism which immediately pitches<br />

(turns) the d ro<strong>to</strong>r blades slightly d out <strong>of</strong> the wind. Conversely,<br />

the blades are turned back in<strong>to</strong> the wind whenever the wind drops<br />

again. It must therefore be possible <strong>to</strong> turn the ro<strong>to</strong>r blades around<br />

their longitudinal axis. On a pitch-regulated wind turbine, the<br />

controller will pitch the blades every time the wind changes; this<br />

ensures that the ro<strong>to</strong>r blades are always at the optimum angle in<br />

order <strong>to</strong> maximise output. Due <strong>to</strong> the complex technology involved,<br />

pitch-regulated turbines require greater investment than stall<br />

technology.<br />

‘‘Plug and play’’ assembly IT term meaning the assembly <strong>of</strong> a device or machine from<br />

components without the need for engineering.<br />

Power curve A turbine’s power curve shows the relationship between electric<br />

power output and wind speed.<br />

Power regulation Principles which govern the operation <strong>of</strong> a wind turbine, e.g.<br />

defining the cut-in speed, the speed at which electricity is<br />

produced or the speed at which it is turned out <strong>of</strong> the wind.<br />

Renewable energy sources see d alternative energy sources<br />

Retail fund A standardized form <strong>of</strong> asset management by an investment<br />

company. In contrast <strong>to</strong> individual portfolio management, the<br />

inves<strong>to</strong>r has no influence on management and investment<br />

strategy. The corporation is only bound <strong>to</strong> observe legal<br />

regulations and its self-imposed investment guidelines.<br />

Rotation range The difference, given as a percentage, between the cut-out speed<br />

and the cut-in speed.<br />

Ro<strong>to</strong>r area The area swept out by the ro<strong>to</strong>r during operation. The larger the<br />

ro<strong>to</strong>r diameter, the greater the swept area and therefore the<br />

output.<br />

Ro<strong>to</strong>r blades The rotating wings <strong>of</strong> a turbine which are driven directly by the<br />

wind.<br />

Ro<strong>to</strong>r hub The part <strong>of</strong> the wind turbine <strong>to</strong> which the rotating ro<strong>to</strong>r blades are<br />

attached. The hub is situated in the middle <strong>of</strong> the ro<strong>to</strong>r and<br />

connects this <strong>to</strong> the genera<strong>to</strong>r armature via the shaft and in some<br />

cases a gear.<br />

Ro<strong>to</strong>r shaft A machine component which transmits the ro<strong>to</strong>r’s motion <strong>to</strong> a gear<br />

or <strong>to</strong> the genera<strong>to</strong>r armature.<br />

Shaft A machine component which transmits the ro<strong>to</strong>r’s motion <strong>to</strong> a<br />

fixed gear, which is in turn connected <strong>to</strong> the genera<strong>to</strong>r armature.<br />

Also called ro<strong>to</strong>r shaft.<br />

Stalling A physical situation which s<strong>to</strong>ps the ro<strong>to</strong>r’s motion. Stalling occurs<br />

when the angle <strong>of</strong> the ro<strong>to</strong>r blade <strong>to</strong> the directions <strong>of</strong> the wind is<br />

<strong>to</strong>o acute. The lift force on the ro<strong>to</strong>r increases with the angle <strong>of</strong> the<br />

blade <strong>to</strong> the direction <strong>of</strong> the wind <strong>up</strong> <strong>to</strong> a certain point, at which<br />

turbulence occurs on the surface facing away from the wind. This<br />

turbulence causes the ro<strong>to</strong>r <strong>to</strong> slow or s<strong>to</strong>p.<br />

G-4

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