Wärtsilä signs cooperation agreement to develop large scale flexible gas power plant projects in the USA

Wärtsilä Corporation, 30 June 2017 at 17:00 pm EET, The technology group Wärtsilä and Southern Power, a subsidiary of Southern Company, have today signed a Memorandum of Understanding (MoU) to develop two flexible gas power plant projects, which could be as large as 450 MW each, in the USA. Southern Power will lead this project development effort and Wärtsilä will provide technical and commercial support. Wärtsilä and Southern Power would build the power plants jointly and Wärtsilä’s scope would be extended equipment supply.

Southern Power, a leading U.S. wholesale energy provider with over 12,600 MW of generating capacity, grows its wholesale business through construction of generating assets substantially covered by long-term contracts. “Renewables are an important part of a diverse energy mix, and flexible generation complements the rapid growth of intermittent renewables,” said Southern Power President and CEO Buzz Miller. “This agreement is an early stage in a lengthy process, but we believe this technology could be an excellent solution for our customers, and for many others in the marketplace that we hope to serve through this relationship.”

“In the USA we are seeing a rapidly increasing demand for flexible generation and Wärtsilä provides the most efficient quick start solution for customers to balance their renewable portfolio and hedge their costs. We are excited to be teaming up with Southern Power, a leader in the development, installation and operation of electric power facilities with a proven track record of operational reliability and safety,” said Javier Cavada, President at Wärtsilä Energy Solutions.

“The intention of Southern Power to invest in developing large projects with our flexible gas technology is a major milestone for our systematic market development in the USA. We will provide our full support to Southern Power for the project development, and hope that this co-operation will lead to more similar projects in the future,” said Jussi Heikkinen, Market Development Director at Wärtsilä North America Inc.

After contracts signed with the cities of Denton and Tallahassee over the past 12 months, Wärtsilä continues to grow its footprint in the USA. The current installed base, including projects under construction, is more than 3,000 MW. Globally, Wärtsilä’s installed power plant base is 63 GW in 176 countries.

For further information please contact:
Mikael Backman
Regional Director, US & Canada
Wärtsilä Energy Solutions
Tel: +1 281-224-2920
[email protected]

Kristian Mäkelä
Director, Sales & Marketing
Wärtsilä Energy Solutions
Tel: +358 40 1483565
[email protected]

Wärtsilä Energy Solutions in brief
Wärtsilä Energy Solutions is a leading global system integrator offering a broad range of environmentally sound solutions. The company supplies ultra-flexible internal combustion engine based power plants and utility-scale solar PV power plants, as well as LNG terminals and distribution systems. The flexible and efficient Wärtsilä solutions provide customers with superior value and enable a transition to a more sustainable and modern energy system. As of 2017, Wärtsilä has 63 GW of installed power plant capacity in 176 countries around the world. www.smartpowergeneration.com

Wärtsilä in brief
Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2016, Wärtsilä’s net sales totalled EUR 4.8 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com