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WEG acquires Northern Power Systems’ energy storage business

Brazilian electrical equipment manufacturer WEG SA (BVMF:WEGE3) announced today the acquisition of the Energy Storage System (ESS) business of US-based Northern Power Systems Corp. WEG will become the sole owner of NPS’s energy storage assets, including a portfolio of ESS patents, know-how and related materials such as drawings, projects, specifications and software, the company said […]

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