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Industry News

September 11, 2023



Electrification Electric Motors Motors Industry News

Nord Drivesystems Supports High Efficiency Electric Motor Funding

Nord supports companies in undertaking the use of high efficiency electric motors funded by a program of the Federal Office for Economic Affairs and Export Control (BAFA) and thus taking an important step towards energy efficiency and sustainability. Funding is available for both drives in new plants and conversions to more efficient systems, with up to 40 percent of the investment costs being covered.

Industry uses about 70 percent of the electricity consumed in Germany. Consequently, four modules were developed as part of the Federal Funding Scheme for Energy Efficiency in the Economy (EEW) to improve efficiency in Germany. For companies that aim for higher energy efficiency through innovative electric motors and drive systems, module 1 for electric motors and drives and module 4 for general systems are of relevance. 

“Many of our customers are not aware that the modernization of drive components and systems is eligible, that is why we are offering support in this regard,” says Jörg Niermann, head of marketing at Nord Drivesystems. “We see government funding as a great opportunity for companies to become more sustainable and economical with a manageable investment.”

nord.com/en/home-de.jsp


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