Wärtsilä wins a EUR 120 million order for power generation

Wärtsilä Corporation,
  • Stock exchange release
10 April 2015 at 4:00 PM E. Europe Standard Time

Wärtsilä has signed a major contract to supply power generation capacity for a Europe-based customer with international operations. The value of the equipment delivery contract is approximately EUR 120 million. The order includes Wärtsilä 50 platform gensets and auxiliary equipment. The contract was included in Wärtsilä’s order intake in the first quarter of 2015.

The Wärtsilä 50 engine platform is able to operate on dual fuel, gas and liquid fuel versions. The first model, Wärtsilä 50DF was launched in early 2000. Designed for high output with efficiency and low emissions, the dual-fuel solution represented a breakthrough in the marine LNG carrier market, replacing steam turbines as the preferred power source. For power plants, engine versions fired by specific gaseous and liquid fuels followed suit. Approximately 700 Wärtsilä 50 engines have been sold to the marine sector and 300 for energy sector applications.    

This latest order is another endorsement of Wärtsilä’s Smart Power Generation, which provides the operational flexibility and capacity agility to complement traditional forms of power generation, thereby helping to improve the performance of entire power grids. This power system optimisation provides notable benefits, including significant energy cost savings and reductions in carbon emissions.

 

For further information please contact:

Risto Paldanius
Vice President, Europe and Africa
Wärtsilä Power Plants
Tel: +358 40 5013669+358 40 5013669
risto.paldanius@wartsila.com

Natalia Valtasaari
Director, Investor Relations
Wärtsilä Corporation
Tel: +358 40 1877809+358 40 1877809
natalia.valtasaari@wartsila.com

Atte Palomäki
Executive Vice President, Communications & Branding
Wärtsilä Corporation
Tel: +358 10 7095599+358 10 7095599
atte.palomaki@wartsila.com

 

Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximizes the environmental and economic performance of the vessels and power plants of its customers. In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 17,700 employees. The company has operations in more than 200 locations in nearly 70 countries around the world. Wärtsilä is listed on the Nasdaq Helsinki.
www.wartsila.com   

 


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