on FAVEOS SE (ETR:C45)
PowerWerker Joint Venture Experiences Robust Growth in 2026
FAVEOS SE, a company specializing in large-scale battery energy storage systems and grid infrastructure, has reported significant growth for its joint venture, PowerWerker. Established with Biogas Service Tarmstedt GmbH, PowerWerker has secured contracts exceeding EUR 10 million within the first eight months of fiscal year 2026.
PowerWerker EPC GmbH has won numerous contracts for large-scale battery storage systems, with projects set for completion within nine months. The demand for EPC services related to battery energy storage systems remains high, suggesting continued growth.
PowerWerker is recognized for its expertise in 2.0 to 20.0-megawatt BESS power range, providing comprehensive services from planning to maintenance. Since mid-year, PowerWerker Service GmbH has partnered with CHINT Power Systems, enhancing its service capabilities with a consignment warehouse for spare parts.
R. H.
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