Positive results with growth along the main business areas
Earnings Release 2Q 2022
ips Blog business, Energy Efficiency, grows, Market, segment, Wastewater, water, Water & Wastewater, WEG 0
As a traditional supplier of electric motors, frequency drives, automation systems, paints and digital solutions (IOT and IA), WEG has significantly expanded its business in this sector since the company is well structured globally, in addition to participating in key wastewater and desalination projects both in Brazil and overseas.
As far as Brazil is concerned, the increase of investments in the country resulting from the new regulations for water and wastewater bring major opportunities to the supply chain of products and services.
Contributing to the country´s water, wastewater and sewage infrastructure modernization, this year WEG has supplied hundreds of W22 IR3 Premium Efficiency electric motors to public and private sanitation companies. This has happened through the “WEG Motor Bonus” program, which is an energy efficiency project conducted in partnership with electric power utilities and ANEEL that offers a bonus up to 40% to consumers who replace their old electric motors with new ones.
This initiative provides sanitation companies with technical updates, increased process reliability and reduced electricity consumption, resulting in the reduction of operating costs and, consequently, the cost of the service provided to the population.
In the overseas market, WEG is preparing to deliver the latest 7000kW electric motors for the Sorek 2 project located in Israel, one of the world´s largest desalination plants by reverse osmosis process. In addition to these motors that will be driving high pressure pumps, considered one of the plant´s most critical processes, the WEG contract includes another 42 low and medium voltage electric motors.
As stated by Elder Stringari, WEG International Director, to meet highly complex project requirements such as these, not only efficiency, but also flexibility and global structure are demanded.
“We count on a unique team dealing with major international engineering companies, who also work as constructors and operators serving this market globally. In addition, our production flexibility allows us to adapt projects to meet different applications and technical specifications, in compliance with the most demanding requirements of this market”, says Elder.
The water and wastewater market segment became one of WEG’s main business targets. The company estimates that the potential market for WEG solutions is in the range of 3% of the total CAPEX number of projects in this segment.
ips Blog business, Charging Stations, expands, Fleet, Group, Infrastructure, owners, partnership, serve, Stellantis, WEG 0
WEG strengthened its partnership with Stellantis Group, which is a leading global automobile manufacturer and mobility player, with the launch of new electric utility vehicles: e-EXPERT by Peugeot and Ë-JUMPY by Citroën.
Already approved by Stellantis Group as the official supplier of charging stations for the electric vehicles e-208 GT by Peugeot, and for the 500e by Fiat, in South America, WEG now expands its scope by offering solutions for charging purposes for the Group’s utility vehicles.
The new agreement expands the partnership to offer a complete infrastructure for charging electric utility vehicles. From now on, Stellantis customers can count on the new generation of charging stations, the WEMOB (WEG Electric Mobility) PARKING and the WEG STATION, for fast and ultra-fast charging from 30kW up to 150kW at DC configuration, included in Peugeot’s and Citroën’s product catalog, as well as a joint consulting service, technical support, installation and maintenance of charging stations for fleet owners.
Designed for semi-fast recharges in parking lots, companies and fleet owners, WEMOB PARKING, up to 22 kW, offers high safety level, reliability and connectivity with real-time and remote information for electric vehicle fleets management. This solution allows charging one or two electric vehicles simultaneously and can include an LCD screen for ease application.
The key point is the possibility of offering DC charging stations in the CCS-2 standard of 30kW, compact size, either wall or totem installation, which ensures the best cost-benefit ratio in the market to accelerate return on investment. Available in 60kW, 90kW, 120kW and 150kW output ratings, the WEMOB STATION is the ideal choice for fast and ultra-fast charging of electric vehicles. All recharge information is provided on a 10” LCD screen, also allowing real-time data collection for remote management.
“We are increasingly expanding the infrastructure required for the implementation of electric vehicle technology in Brazil. Our scope with Stellantis ranges from customer service that uses a light vehicle, to the fleet owner engaged in reducing greenhouse gases in their transport logistics”, says Manfred Peter Johann, Managing Director of WEG Automation Business Unit.
WEG counts on a complete fleet management ecosystem, including a WEMOB Fleet Station management platform with the WEMOB EV Drivers application for users with cost and income analysis, station availability, frequency of use, in addition to a demand control system – WEMOB Smart Charging System – for cases where the power consumed by the station exceeds the contracted demand at the installation site.
WEG’s charging stations are Over-The-Air updated (connection via customer’s internet network), with a wide service support in South America.
In addition, WEG approves and trains specialized integrators to install stations, management platform’s configuration among other services, providing complete solutions for the maintenance and operation of electric vehicle fleets.
ips Blog acquires, Brazil, business, Expansion, instrument, Investments, Itajubá, Manufacturing Sites, measuring, sets, Transformers, WEG 0
WEG S.A. (B3: WEGE3 / OTC: WEGZY) announces to its shareholders and the general market that it has signed an agreement for the acquisition of the entire capital stock of Balteau Produtos Elétricos Ltda., a manufacturer of instrument transformers and measuring sets located in Itajubá, Minas Gerais State, Brazil.
Traditional company in its segment, with long history operating in Brazil, Balteau has a manufacturing site of 11,800 m² with state-of-the-art equipment and facilities. With a workforce of 350 employees, the company specializes in the design, manufacturing, electrical testing, and technical services of current transformers and capacitive voltage transformers up to 550 kV, inductive voltage transformers up to 145kV, and measurement sets up to 36kV, products currently not part of WEG portfolio. Net revenue in 2020 was R$ 121.7 million.
“With this acquisition, WEG will complement its position as a solution provider for energy transmission and distribution infrastructure projects and improve its scope of products and solutions related to the energy generation, transmission, and distribution (GTD) segment”, explains Carlos Diether Prinz, WEG Transmission & Distribution Managing Director.
The transaction is subject to certain conditions and approval from the local competition authorities (CADE – Administrative Council for Economic Defense).
ips Blog Automation, business, Coatings, consolidates, Electric Motors, Energy Efficiency, Gearboxes and Geared Motors, global, Industry 4.0, Mining, player, Power Generation, Power Transmission and Distribution, strategy, WEG, WEG Motor Fleet Management 0
WEG business strategy, along its 60 years of business activities, has always been based on offering reliable, safe, technological and high-performance products and solutions. In particular for the mining segment, WEG keeps a close eye on specifications for tough mining environmental conditions to allow customers to have operational safety for existing and future expansions. In addition, to ensure customers having their plants operating efficiently, WEG has been providing customized and optimized solutions with flexibility, prompt service support complying with the requirements and applications of each mining operation.
To turn these principles into practice, WEG has done its best efforts to develop products and solutions that serve companies regardless of the country in which the customer is. This flexibility is supported internally by a vertically integrated policy. In other words, WEG takes care of all the necessary components to speed up the delivery of the project to mining customers. To do that, WEG implemented a global structure with its own operations (commercial and industrial) in all the main mining markets, in addition to a global network of authorized service centers.
The great success WEG has been having in the Brazilian mining segment was fundamental to gain global projects with even more challenging demands, from high altitudes, deserts and at very low temperature environments. Many resources have proven to be efficient to be applied in other large and traditional mining countries such as, Chile, Australia, Canada and South Africa. In addition, all international standards are met, as well as the specific customer requirements in different parts of the world, allowing WEG to become a world player.
Currently, WEG´s portfolio includes the supply of driving solutions for pumps, fans, crushers, mills, flotation cells to renewable power plants (solar, wind and hydropower), primary and secondary substations, E-houses equipped with MCCs, low and medium voltage drives, and a complete set of solutions for remote monitoring of equipment for the benefit of the installation.
The efficiency and availability of the equipment for the entire plant (known as OEE – Overall Equipment Effectiveness) have been fundamental in the mining scenario considering the current ore contents and the lack key resources such as water and electricity. Only products offering high safety and efficiency levels are accepted for this segment. Guided by this requirement, WEG’s strategy is to customize and optimize mining products, in addition to continually adding products to the existing portfolio, resulting in “one stop shop”.
Aware of the specific requirements of each market segment and evaluating the mining segment in different countries, as well as our experience in dealing with other segments, WEG’s focus is to be recognized as an important player in the areas of crushing, transport and comminution processes. They all need reliable power from electric motors, frequency drives and gearboxes.
WEG also keeps its focus on the energy infrastructure of the mine, covering complete electrical solutions, from the high voltage network to the smallest electric motors, substations, transformers, E-houses, distribution panels, MCCs and frequency drives. WEG has built extensive experience in supplying E-houses to the mining industry using state-of-the-art technology for construction, assembly and logistics. WEG also offers specific firmware for MV variable frequency drives which is dedicated and customized for key applications such as Ball/SAG mills and HPGRs.
Technology has become an important part of the offerings from major global mining players in terms of independent products and solutions. The industry today requires much more than just equipment (hardware). Data is essential, connectivity, monitoring and remote-supported repairs are absolutely necessary and the industry must find ways to meet all these requirements.
Recently, WEG launched a powerful software that allows online monitoring of low and medium voltage electric motors and variable frequency drives. In addition to online monitoring, the WEG software is built-in with specialized modules that, through Artificial Intelligence and Machine Learning, determine the most likely causes of some abnormal equipment operating conditions, as well as providing customers with information on potential failures that can occur.
The “WEG Motor Fleet Management” software also counts on modern geolocation features that helps identifying where the equipment is, even in multilevel plants. Serving as support for maintenance managers, the WEG software also has an interface for recording and managing events such as alarms and maintenance tasks, allowing users to generate KPIs and reports on monitored equipment that could be motor, drive, gearbox, etc. WEG Motor Fleet Management also has interchange modules that allow the integration, via API, for analysis of the monitored equipment with other mine management systems.
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