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WEG secures funding for Brazilian battery manufacturing plant
The new plant will increase WEG’s BESS production capacity to up to 2 GWh. Construction is expected to be completed in the second half of 2027. The company aims to serve both the large-scale storage market and the commercial and industrial (C&I) segment.”
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From FTM to BTM: The evolving investment case for battery storage
Front-of-the-meter battery energy storage systems (BESS) remain a highly attractive segment particularly for the core plus infrastructure space. That said, Lincoln also sees attractive investment opportunities emerging in the behind-the-meter BESS segment with the potential to deliver superior returns, write Carlos Candil and Carlo de Hass.
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Spain secures major EU grant for 1 GW pumped storage project
The EU is investing €650 million in cross-border energy infrastructure. The largest single grant has been awarded to the Aguayo II pumped-storage hydroelectric project, which will expand the existing San Miguel de Aguayo facility in Cantabria. Smaller allocations include funding for the modernization of the Čierny Váh pumped-storage plant in Slovakia.
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