Wärtsilä Corporation, Company announcement, 14 January 2008
Wärtsilä Corporation, a leading global provider of power solutions, has been awarded an equipment supply contract by South Texas Electric Cooperative (STEC), a non-profit generation and transmission cooperative. The contract for the 203 MW gas-fired power plant is valued at over 83 million euros. The first part of the power plant is expected to enter commercial operation in late 2009, with the remaining part beginning commercial operation by the end of 2010.
The power plant will be located about 80 kilometers southwest of San Antonio, Texas and it will be connected to the ERCOT grid. Wärtsilä’s delivery includes 24 gas engines, all related mechanical and electrical auxiliaries, as well as SCR’s, installation and commissioning support and training.
“The analysis of the various options proved Wärtsilä a clear winner environmentally, economically, and in the project’s ability to meet rapidly changing market conditions,” says Michael Packard, General Manager of STEC.
“This flexible power plant will efficiently provide the generation needed for the region’s growth, as well as the grid stability required for the increasing influx of wind power,” says Frank Donnelly, President of Wärtsilä North America.
Wärtsilä’s flexible power plants have the highest simple cycle efficiency available in the industry and constant performance over varying ambient conditions.
In addition, Wärtsilä power plants have small unit sizes, low lifecycle costs and they allow customers to meet today’s increasingly stringent environmental requirements. The features of the plants include the ability to reach full plant output in eight minutes, and provide 25% power in two minutes.
Ms Eeva Kainulainen, VP Corporate Communications, tel. +358 10 709 5235.
Wärtsilä in brief
Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 15,000 professionals manning 150 Wärtsilä locations in 70 countries around the world. Wärtsilä is listed on The Nordic Exchange in Helsinki, Finland.