Wärtsilä Energy is at the forefront of the transition towards a 100% renewable energy future. We help our customers and the power sector to accelerate their decarbonisation journeys through our market-leading technologies and power system expertise.
Our solutions include flexible engine power plants, energy storage and optimisation technology, and services for the whole lifecycle of our installations. Our engines are future-proof and can run on sustainable fuels.
Our track record comprises 79 GW of power plant capacity and over 130 energy storage systems in 180 countries around the world. Over 30% of our operating installed base is under service agreements.
of power plant capacity installed.
energy storage installations delivered.
of operating installed base under service agreements.
With a deep understanding of the energy transition and power systems, we can help our customers find their optimal and most efficient path towards 100% renewable energy, while balancing and future-proofing their power systems as demanded by the flexible grids of the future.
Our offering consists of a wide range of flexible solutions that provide optimised and reliable energy. We enable the transition to renewable energy with flexible engine power plants and energy storage technology.
We support our customers over the lifecycle of their installations ensuring performance and competitiveness in a safe, reliable and sustainable way.
Supporting our customers globally is at the heart of Wärtsilä Energy's mission. We have established a robust geographical presence, with operations spanning over 70 countries worldwide.
Our strategic locations enable us to deliver innovative energy solutions tailored to the unique needs of each region. From Europe to Asia, Africa to the Americas, we are committed to driving the transition towards a 100% renewable energy future.
Tomorrow’s energy landscape is being reshaped by new technologies and regulation in unforeseen ways.
Decarbonising our industry is not something we can achieve overnight.
We believe that finding visionary partners with the most inspiring innovations is crucial in making it happen.
We are a global team of over 18,300 Wärtsilians in 77 countries across all seven continents.
We represent 128 different nationalities, and vary also in our fields of expertise; we have roles from underwater divers to cloud and machine learning developers and from assembly line workers to future fuel researchers, quality experts, and beyond.
While our skills and backgrounds are diverse, we are glued together by the impact we make and through our purpose: we enable sustainable societies through innovation in technology and services.
Technology group Wärtsilä has signed a large multi-year supply agreement with EVE Energy, a globally leading battery cell supplier. The agreement will support Wärtsilä’s strong pipeline of Energy Storage & Optimisation orders across key markets.
Wärtsilä currently has more than 3.5 gigawatts (GW) and more than 7 gigawatt-hours (GWh) of energy storage capacity awarded, contracted, or in deployment across six continents.
Wärtsilä is proactively diversifying its partnerships across the value chain to capitalise on growing market demand and continue to efficiently fulfil commitments to its customers. The company maintains a successful on-time delivery record across complex geographical locations amidst global supply constraints.
Wärtsilä has a unique resilience against supply chain disruptions thanks to its existing global networks, reputation, and financial strength. The company has existing supply agreements with qualified battery suppliers in addition to EVE.
“Our partnership with EVE Energy is one of several strategic measures Wärtsilä is taking to diversify and strengthen our supply chain in response to industry-wide disruptions over the last few years,” said Andrew Tang, Vice President of Energy Storage & Optimisation at Wärtsilä. “We are constantly pursuing new opportunities to optimise our operations and ensure that we can continue to lead the transition towards a 100 percent renewable energy future.”
Steven Chen, President of EVE, said, "This cooperation with Wärtsilä is a significant step in EVE's globalisation, and will further enhance our ability to serve overseas high-end customer markets. Previously, EVE's products have been recognised by several internationally renowned customers and have entered their supply chains. In the future, we will continue to enhance our global service capabilities and make significant contributions to the new energy industry of mankind.”
EVE Energy will supply Lithium Iron Phosphate (LFP) battery cells for Wärtsilä’s GridSolv Quantum energy storage system, a fully integrated modular and compact solution that supports the integration of storage into electricity grids and the increase of renewable energy. GridSolv Quantum has a 100 percent safety record. It is one of the first energy storage systems to qualify under the 2023 revision of NFPA 855. GridSolv Quantum is certified to UL 9540 by Eurofins MET Labs in April 2022 and CSA in March 2023. It met UL 9540A unit-level performance requirements in February 2023.
Learn more: Wärtsilä Energy Storage & Optimisation Technology
Media contact for more information on this release:
Katri Pehkonen
Communications Manager
Wärtsilä Energy
Mob: +358 50 591 6180
katri.pehkonen@wartsila.com
Image caption: Wärtsilä signs large multi-year supply agreement with EVE Energy to strengthen its supply chain and fulfil commitments to its customers © Wärtsilä Corporation
All Wärtsilä releases are available at https://www.wartsila.com/media/news-releases and at http://news.cision.com/wartsila-corporation where also the images can be downloaded.
Wärtsilä Energy in brief
Wärtsilä Energy leads the transition towards a 100% renewable energy future. We help our partners to accelerate their decarbonisation journeys through our market-leading technologies and power system modelling expertise. These cover decarbonisation services, future-fuel enabled balancing power plants, hybrid solutions, energy storage and optimisation technology, including the GEMS Digital Energy Platform. Wärtsilä Energy’s lifecycle services are designed to increase efficiency, promote reliability and guarantee operational performance. Our track record comprises 76 GW of power plant capacity and 110 energy storage systems delivered to 180 countries around the world.
www.wartsila.com/energy
Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com
