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WEG
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Short description

Producer of electric motors, generators, transformers, drives and coatings

Founded in
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Company type Public Public ()
Company type

Industry Group transportation & logistics

Sector vehicle components

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Brazil Santa Catarina, Brazil
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Updated by Cleantech Group on 12/20/2022

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Date Company
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Date Partner Type
06/02/2014
Northern Power Systems Northern Power Systems
NPS is developing a new 3.3MW wind turbine along with its Brazilian partner WEG.
View source    
Confirmed by Northern Power Systems
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IPO INFORMATION

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Date Investors Type Amount
11/05/2021 (0)
Post-money valuation of
Funding disclosed via regulatory filing
Growth Equity $5,589,252
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