Table of Contents
Table of Contents 3
List of Tables 7
List of Figures 7
Wartsila Corp, Power, Deals By Year, 2012 to YTD 2018 8
Wartsila Corp, Power Deals By Type, 2012 to YTD 2018 9
Wartsila Corp, Power, Deals By Region, 2012 to YTD 2018 10
Wartsila Corp, Power, Deals By Sector, 2012 to YTD 2018 11
Wartsila Corp, Power, Deals Summary, 2012 to YTD 2018 12
Wartsila Corp, Power, Deal Details 13
Asset Purchase 13
Lafarge Africa, Wartsila and IFC to Invest USD400 Million in Expansion of Lafarge Ewekoro Power Plant in Ogun, Nigeria 13
Partnerships 14
Wartsila Forms Partnership with Hyundai Motor Group 14
Southern Power Forms Partnership with Wartsila 15
Greensmith Energy Management Systems to Form Partnership with Wartsila 16
Acquisition 17
Wartsila Completes Acquisition of Transas Marine for USD258 Million 17
Wartsila to Acquire Puregas Solutions for up to USD42.9 Million 18
Wartsila Acquires Greensmith Energy Management Systems 19
Wartsila Acquires Eniram for USD47.6 Million 20
Wartsila Acquires Weir American Hydro from Weir Group 21
Metso Completes Acquisition Of Remaining 40% Joint Venture Interest In MW Power From Wartsila 22
Wartsila Corp – Key Competitors 23
Wartsila Corp – Key Employees 24
Wartsila Corp – Locations And Subsidiaries 25
Head Office 25
Other Locations & Subsidiaries 25
Joint Venture 28
Recent Developments 29
Oct 30, 2018: Wartsila is moving to Salmisaari on 5 November 29
Oct 23, 2018: Wartsila’s interim report January-September 2018 30
Oct 23, 2018: Wartsila offers SOV laser vision 32
Oct 17, 2018: New Wartsila Hybrid centre will boost sustainable shipping 33
Oct 10, 2018: Wartsila delivers two gas engine plants to Centrica in UK 34
Oct 08, 2018: Centrica completes two 50MW fast-response plants in Brigg and Peterborough 35
Oct 03, 2018: New Wartsila power plant will support industry development in Equatorial Guinea 36
Oct 01, 2018: Wartsila redesigns organisation to enhance customer value 37
Sep 27, 2018: Wartsila HY hybrid power module gets further validation with AIP from ABS 38
Sep 25, 2018: Greensmith Energy unveils standardized energy storage solution 39
Sep 24, 2018: Wartsila to secure base-load power supply to community and businesses in Papua New Guinea 40
Sep 18, 2018: The 100 percent renewables vision is reachable says Wartsila 41
Sep 18, 2018: Wartsila is in search of start-ups with Power-to-X technology to join SparkUp challenge 42
Sep 04, 2018: Gas-fired plant in Kyaukse to be built 43
Aug 23, 2018: Wartsila delivers its first engine plus storage hybrid installation enabling Hungary’s ALTEO Group to optimize their generation portfolio 44
Aug 20, 2018: Wartsila to help ensure reliable power supply in challenging Hawaii conditions through Smart Technologies 45
Aug 20, 2018: Changes in Wartsila’s Board of Management 46
Jul 25, 2018: Power output & flexibility of upgraded Wartsila 20 engine attracting multiple customer orders 47
Jul 19, 2018: Wartsila’s half year financial report January-June 2018 48
Jul 04, 2018: American Hydro – upgrade reduces hydropower plant’s costs and improves efficiency 52
Jul 02, 2018: Fast-track delivery of Wartsila gas fired power plant will help alleviate Myanmar’s electricity shortage in Kyaukse 53
Jun 30, 2018: Wapa To Take Delivery Of New Generating Units 54
Jun 28, 2018: President Of Energy Solutions Javier Cavada To Leave Wartsila 55
Jun 26, 2018: Wartsila and Hyundai Motor Group announce energy storage partnership maximizing second-life electric vehicle batteries 56
Jun 20, 2018: Wartsila Introduces New Hybrid Solar PV And Storage Solution 57
Jun 18, 2018: Significant amounts of market-based wind power will be built in Finland 58
Jun 14, 2018: Wartsila Leading Along Path Towards 100% Renewable Energy Future 59
May 28, 2018: Wartsila Extends Market Reach Through Deeper Service Partnership With VR Group 60
May 07, 2018: FortisTCI Generation Expansion Program Prepares TCI for Future Growth in Energy Demand into 2020 61
May 02, 2018: Wartsila’s support for development of Bangladesh continues with another power plant delivery 62
Apr 25, 2018: Wartsila 130 MW Flexicycle power plant will help Senegal lower energy costs and integrate more renewable energy 63
Mar 22, 2018: Fast-Track Delivery Of Wartsila Smart Power Generation Plant To Dominican Republic Will Strengthen Service To Country’s Main Tourist Destination 64
Mar 21, 2018: New Orleans Chooses Wartsila Smart Power Generation Solution For New Power Plant 65
Mar 20, 2018: Wartsila delivers world’s largest solar hybrid power plant, reducing annual CO2 emissions by as much as 18,500 tons 66
Mar 15, 2018: Wartsila signs contract for another 105 MW power plant in Bangladesh 67
Mar 08, 2018: Wartsila’s Smart Power Generation gaining market share in the global energy transition 68
Mar 06, 2018: Wartsila signs EPC contract in Australia with AGL Energy Limited for Smart Power Generation plant 69
Mar 01, 2018: Wartsila to secure uninterrupted electrical supply for Geita Gold Mine 70
Feb 22, 2018: Wartsila to provide additional generating capacity to Azores’s electricity grid 71
Feb 21, 2018: Wartsila ensures the environmental sustainability of Najran Cement Company’s two power plants in Saudi Arabia 72
Feb 13, 2018: Greensmith Energy selected to supply energy storage technology in US 73
Feb 12, 2018: Wartsila guarantees the performance of Hail Cement Company’s power plant in Saudi Arabia 74
Feb 08, 2018: Wartsila to deliver 100MW power plant in Bangladesh 75
Feb 06, 2018: Wartsila extends power plant service agreement with Teck Alaska 76
Feb 05, 2018: Wartsila has been choosen to supply smart power generation plant to South Australia 77
Jan 31, 2018: Wartsila’s Financial Statements Bulletin January-December 2017 78
Jan 30, 2018: Wartsila ensures the reliability and availability of Saudi Arabian power plant 80
Jan 26, 2018: Changes in Wartsila Finland Oy’s management 81
Jan 24, 2018: Wartsila gas engines to provide reliable electricity supply to SUBARU car factory and Saitama Heating and Cooling Centre 82
Jan 18, 2018: Wartsila and Schneider Electric join forces to create a new back-up power solution for data centers 83
Jan 17, 2018: Wartsila ensures the reliability and optimal performance of Pampa Energia’s power plant in Argentina 84
Jan 16, 2018: Mikael Lilius, Wärtsila’s Chairman of the Board of Directors, awarded Chair of the Year in Finland 85
Jan 08, 2018: Cooperative Energy chooses Wartsila 31SG engine technology for power generation in US 86
Jan 05, 2018: Wartsila Smart Power Generation plant will ensure reliable power supply for Jakarta’s new transport system 87
Jan 04, 2018: Greensmith to deliver energy management system for Graciolica Lda’s microgrid power facility 88
Dec 27, 2017: Wartsila secures efficient and reliable operations of Aksa Energy’s power plants in Turkey 89
Dec 22, 2017: Wartsila to deliver turnkey power plant for West Africa’s electricity project 90
Dec 22, 2017: Wartsila’s energy storage solution for North Sea Giant reduces costs and emissions 91
Dec 14, 2017: Wartsila, Mitsubishi to provide improved power and propulsion for ships 92
Dec 14, 2017: Wartsila to build 52MWp solar PV power plant in Jordan 93
Dec 11, 2017: Wartsila ensures efficiency and reliability of El Morro gas power plant 94
Dec 04, 2017: Wartsila, Clough to provide 58MW power plant to Papua New Guinea 95
Dec 04, 2017: Wartsila signs EUR125m loan agreement with EIB 96
Nov 29, 2017: Emerging America gains a competitive edge in Mexico with Wartsila’s solutions 97
Nov 24, 2017: Wartsila to build solar power plant in Nigeria 98
Nov 23, 2017: Wartsila’s EPC experience and capacity ensure risk management in a changing environment 99
Nov 17, 2017: Wartsila-built power plant is inaugurated in Oman 100
Nov 15, 2017: Simple-cycle efficiency raised to entirely new level with the Wartsila 31SG engine 101
Nov 13, 2017: New Wartsila-supplied power plants will accommodate broad range of operating profiles for US utility 102
Nov 01, 2017: Wartsila to supply 39MW power plant to Aqualectra 103
Oct 30, 2017: Wartsila wins another power plant equipment contract from Bangladesh 104
Oct 25, 2017: Wartsila Interim report January-September 2017 105
Oct 24, 2017: Wartsila to build energy storage system for Singapore’s Energy Market Authority and SP Group 107
Oct 24, 2017: Wartsila smart power generation solution supports expansion of renewable energy in Arizona 108
Oct 17, 2017: Wartsila optimises operations and ensures availability of energy in the Caimancito area in Argentina 109
Oct 16, 2017: Wartsila supplying equipment to help meet Angola’s need for more electricity 110
Oct 13, 2017: Wartsila makes Viking Princess the world’s first offshore vessel with a hybrid energy storage solution replacing a traditional generator 111
Oct 12, 2017: Wartsila to supply equipment for 200MW power plant project in Bangladesh 112
Oct 10, 2017: Wartsila continues to ensure reliable electricity supply at Indonesian power plant 113
Oct 10, 2017: Wartsila set to tap India’s solar power potential 114
Oct 05, 2017: 100 MW multi-fuel power plant by Wartsila inaugurated in Argentina 115
Oct 03, 2017: Wartsila Company American Hydro to increase efficiency and production capacity of John W. Keys III pump-generating plant in Washington, USA 116
Sep 27, 2017: Wartsila’s renewed contract with Arkay Energy ensures reliable and cost efficient power supply in India 117
Sep 25, 2017: Wartsila to generate power for expanded Pakistani cement plant 118
Sep 21, 2017: New power plant with Wartsila generating equipment will boost Indonesia’s clean energy capacity 119
Sep 21, 2017: Wartsila marine gear boxes to be produced by Siemens 120
Sep 20, 2017: Power plants supplied by Wärtsilä helping to alleviate Bangladesh’s electricity shortage 121
Sep 13, 2017: Wartsila extends commercial operation and improves efficiency of Minersa power plant in Spain 122
Sep 13, 2017: LNG creates new business opportunities: Wartsila 123
Sep 12, 2017: Wartsila partners with AW-Energy adding wave power generation to its capabilities as energy system integrator 124
Sep 12, 2017: NEVLEC commissions new 3.85 Wartsila generator; Minister deems it historic day for Nevis 125
Aug 30, 2017: Wartsila awarded 220 MW power plant contract in Bangladesh 126
Aug 24, 2017: Wartsila and ABB to push boundaries of engine performance together 127
Aug 22, 2017: Wartsila strengthens presence in hydro services with American Hydro’s expertise 128
Aug 18, 2017: Wartsila to supply 300 MW power plant to Bangladesh’s Summit Group 129
Aug 04, 2017: Wartsila to supply 22MW power plant to Morocco 130
Aug 02, 2017: Wartsila propulsion solutions to power two Chinese research vessels 131
Jul 20, 2017: Wartsila half year financial report January-June 2017 132
Jul 14, 2017: Wartsila ensures optimal performance of Pampa Energia’s multi-fuel power plant 134
Jul 12, 2017: Wartsila to ensure reliable operations of solar power plant in Burkina Faso 135
Jul 10, 2017: Wartsila to supply two gas power plants to Iran 136
Jul 04, 2017: Wartsila to enhance the reliability of world’s largest offshore wind farm 137
Jul 03, 2017: Wartsila to provide clean power and navigational control for new Virgin Voyages cruise ship fleet 138
Jun 30, 2017: Southern Company subsidiary and Wartsila sign agreement to develop flexible gas power plant projects 139
Jun 28, 2017: Wartsila to supply main equipment for a 240 MW power plant to Indonesia 140
Jun 05, 2017: Guaranteed energy efficiency enhances power plant performance: Wartsila 141
Jun 01, 2017: Wartsila to supply two power plants to an Investor Owned Utility in the USA 142
May 30, 2017: Wartsila HY hybrid power module is first of its kind for the marine industry 143
May 30, 2017: New era of technological evolution arrives with first Wartsila HY contract 144
May 29, 2017: Wartsila introduces dedicated organisation to drive digital transformation 145
May 26, 2017: Wartsila’s hybrid system increases offshore supply vessel’s engine efficiency 146
May 24, 2017: Wartsila propellers and shaft generator system chosen for two new RoRo vessels 147
May 16, 2017: Wartsila to secure performance and availability of two 50 MW power plants in Pakistan 148
May 16, 2017: Wartsila provides its marine technology expertise to new wave energy project 149
May 10, 2017: Wartsila introduces new hybrid and energy storage solutions 150
May 04, 2017: Wartsila to supply 73 MW extension for gas-fired power plant in Turkey 151
May 03, 2017: Wartsila 34DF engines awarded EPA Tier III emissions compliance certification 152
Apr 26, 2017: Wartsila interim report January-March 2017 153
Apr 26, 2017: Platform Supply Vessels Dominate LNG-Fuelled Service And Supply Ships 154
Apr 18, 2017: Wartsila To Power World’s First LNG Fuelled Offshore Construction Vessel 155
Apr 04, 2017: Wartsila to supply 21 MW propane power plant to US Virgin Islands 156
Mar 30, 2017: Wartsila to supply equipment for power plants in US 157
Mar 30, 2017: Wartsila to expand its business in India 158
Mar 29, 2017: Wartsila to supply 28MW combined heat and power plant in Canada 159
Mar 28, 2017: Wartsila to supply, operate and maintain five multi-fuel power plants in Indonesia 160
Mar 27, 2017: Wartsila partners with Solar Fire Concentration to create business opportunities and provide clean energy to SME’s in rural Kenya 161
Mar 22, 2017: Wartsila to build solar PV plant in Burkina Faso 162
Mar 15, 2017: Wartsila to supply 38MW power plant to Saudi Arabia 163
Feb 20, 2017: Wartsila to supply gas-fired power plant to China 164
Feb 01, 2017: Wartsila delivers technology to modernize a power plant at pulp and paper mill in Russia 165
Jan 31, 2017: Wartsila to supply two 50 MW power plants to the United Kingdom 166
Jan 27, 2017: Wartsila Q4 net profit increases 167
Jan 25, 2017: Wartsila and Carnival Corporation announce strategic performance-based partnership 168
Jan 17, 2017: Wartsila to build 150MW power plant in Bangladesh 169
Jan 04, 2017: Wartsila to supply 40 MW fast track power plant to Argentina 170
Appendix 171
Methodology 171
About GlobalData 171
Contact Us 171
Disclaimer 171
Wartsila Corp, Power, Key Facts, 2017 2
Wartsila Corp, Power, Deals Summary, 2012 to YTD 2018 2
Wartsila Corp, Power, Deals By Year, 2012 to YTD 2018 8
Wartsila Corp, Power Deals By Type, 2012 to YTD 2018 9
Wartsila Corp, Power, Deals By Region, 2012 to YTD 2018 10
Wartsila Corp, Deals By Sector, 2012 to YTD 2018 11
Wartsila Corp, Power, Deals Summary, 2012 to YTD 2018 12
Lafarge Africa, Wartsila and IFC to Invest USD400 Million in Expansion of Lafarge Ewekoro Power Plant in Ogun, Nigeria 13
Wartsila Forms Partnership with Hyundai Motor Group 14
Southern Power Forms Partnership with Wartsila 15
Greensmith Energy Management Systems to Form Partnership with Wartsila 16
Wartsila Completes Acquisition of Transas Marine for USD258 Million 17
Wartsila to Acquire Puregas Solutions for up to USD42.9 Million 18
Wartsila Acquires Greensmith Energy Management Systems 19
Wartsila Acquires Eniram for USD47.6 Million 20
Wartsila Acquires Weir American Hydro from Weir Group 21
Metso Completes Acquisition Of Remaining 40% Joint Venture Interest In MW Power From Wartsila 22
Wartsila Corp, Key Competitors 23
Wartsila Corp, Key Employees 24
Wartsila Corp, Subsidiaries 25
Wartsila Corp, Joint Venture 28
List of Figures
Wartsila Corp, Power, Deals by Type, 2012 to YTD 2018 2
Wartsila Corp, Power, Deals By Year, 2012 to YTD 2018 2
Wartsila Corp, Power, Deals By Region, 2012 to YTD 2018 2
Wartsila Corp, Power, Deals By Sector, 2012 to YTD 2018 2
Wartsila Corp, Power, Deals By Year, 2012 to YTD 2018 8
Wartsila Corp, Power, Deals by Type, 2012 to YTD 2018 9
Wartsila Corp, Power, Deals By Region, 2012 to YTD 2018 10
Wartsila Corp, Power, Deals by Sector, 2012 to YTD 2018 11