WEG is to construct a new manufacturing plant dedicated to battery energy storage systems (BESS) in Itajaí, Santa Catarina, Brazil. To enable the project, WEG secured BRL 280 million in financing through the BNDES More Innovation programme, approved under a public call focused on the transformation of strategic minerals for energy transition and decarbonisation, in partnership with Finep. Construction of the new plant is scheduled to begin short…
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