Supporting bankable power and electrification projects across the UK and Europe
WEG, a global manufacturer of integrated energy systems, will attend Bankable Energies 2026 on March 17, 2026 at the Hilton London Bankside, UK. The one-day conference will bring together developers, investors, utilities, EPC contractors and technology providers to explore how energy projects move from concept to final investment decision (FID) and into reliable operation.
Bankable Energies 2026 will explore key themes including investment outlook, risk allocation, geopolitics and capital deployment, alongside case studies from projects that have successfully reached FID. The programme reflects the growing need for technically robust and financially credible systems capable of supporting the energy transition while delivering long-term operational performance.
At the event, WEG will engage with project developers, EPCs and end users to strengthen its presence across the UK and European energy sectors. The company’s immediate focus is to support partners with proven, bankable electrical technologies while optimising specification routes and ensuring dependable delivery.
WEG’s portfolio supports a wide range of applications across utility, infrastructure and industrial markets. This includes synchronous condensers for grid stability, battery energy storage systems (BESS), EV charging infrastructure and high-efficiency industrial motor and drive systems.
Designed not only for technical performance but for proven deliverability, these solutions leverage standardised architectures, project-ready engineering, scalable manufacturing capacity and comprehensive service capabilities. This enables developers, investors and EPCs to progress projects confidently from concept through FID and into stable, long-term operation.
Recent investments in Brazil highlight WEG’s commitment to supply chain resilience and project deliverability. The company is investing BRL 1.1 billion by 2028 to expand production capacity, including a new manufacturing site for large-scale equipment such as synchronous condensers, turbogenerators and high-speed motors and an expansion of its Jaraguá do Sul facility to meet growing demand.
In addition, a new battery energy storage systems (BESS) plant in Itajaí, Santa Catarina, will produce up to 2 GWh per year, featuring advanced automation and a dedicated development and testing laboratory. Together, these investments reinforce WEG’s ability to deliver technically reliable, bankable solutions with proven on-time execution.
“Energy projects today must demonstrate more than financial viability, they require technical credibility and proven deliverability to secure FID and guarantee successful execution and stable long-term operation,” said Mark Newman, business development manager, end user – high voltage solutions, EU & ME at WEG. “With our utility-scale BESS and advanced synchronous condenser solutions, we help developers, investors and EPCs enhance grid stability, integrate renewable energy and manage power flexibly.
“The importance of storage is growing rapidly. The EU installed a record 27.1 GWh of new battery capacity in 2025 yet will need roughly 750 GWh by 2030 to meet energy flexibility demands. Our solutions are designed to improve reliability, boost efficiency and support the seamless integration of renewable generation into existing networks.”
In the longer term, WEG aims to play a significant role in the energy transition by expanding its renewable, electrification and grid support portfolio while building lasting strategic partnerships across Europe. In fact, European production of its WEMOB electric vehicle chargers has now commenced at WEG’s hub in Santo Tirso, Portugal, supporting this goal. The company is also focused on enhancing local service capability to ensure that projects benefit from responsive technical support and lifecycle expertise.
By participating in Bankable Energies 2026, WEG reinforces its commitment to delivering sustainable, future-ready electrical solutions that help customers move from bankability to successful deployment with confidence.
To find out more about WEG’s energy technologies, visit the website. Alternatively, visit the Bankable Energies website to register to attend the event.
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For further information contact:
Marcio Ematsu, WEG International GmbH, Am Mattenhof 16a, 6010 Kriens, Switzerland.
www: www.weg.net
e-mail: info-ch@weg.net
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About WEG
Founded in 1961, WEG is a global electric-electronic equipment company, operating mainly in the capital goods sector with solutions in electric machines, automation and paints for several sectors, including infrastructure, steel, pulp and paper, oil and gas, mining, among many others.
WEG stands out in innovation by constantly developing solutions to meet the major trends in energy efficiency, renewable energy and electric mobility. With manufacturing sites in 18 countries and present in more than 120 countries, the company has more than 47,000 employees worldwide. WEG’s net revenue reached R$ 38.0 billion in 2024, 57 per cent from external markets. For more information, visit www.weg.net
