HELSINKI, Finland -- Wärtsilä has established an internal organization of more than 400 existing employees to drive transformation at the company.
After hiring Marco Ryan as chief digital officer (CDO) and executive vice president in September 2016, Wärtsilä began recruiting a digital leadership team to focus on future technology such as artificial intelligence, data analytics, open platforms and cyber security.
HELSINKI, Finland -- Wärtsilä has announced plans to acquire a US-based energy storage technology and solutions company in a bid to expand its energy storage and systems footprint.
The company will acquire Greensmith Energy Management Systems Inc. for an undisclosed amount. According to a release, the transaction is expected to occur by July 2017.
More from Wärtsilä's release:
HELSINKI, Finland (March 15, 2017)—Wärtsilä will supply a 38 megawatt (MW) power plant to a Saudi Arabian customer, according to a statement from the company.
The turn-key engineering, procurement and construction (EPC) order includes four Wärtsilä 32TS engines. The order is booked in the first quarter of 2017.
WINTERTHUR, Switzerland (Dec. 20, 2016)—Sulzer has signed a binding agreement to acquire Wärtsilä’s Vessel Internal Electrostatic Coalescer (VIEC) business, according to a statement released by Sulzer. The VIEC business employs 13 people and is based in Asker, Norway.
HELSINKI, Finland (June 23, 2016) — Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, announced that it has acquired the U.S.- and Canada-based company Weir American Hydro from the Weir Group plc. Ownership of the company will be transferred to Wärtsilä effective June 30, 2016.
HELSINKI, Finland (9 July 2015) – Wärtsilä established a subsidiary to trade spare parts for classic 4-stroke Wärtsilä engines. QuantiParts, fully owned by Wärtsilä, operates from the Netherlands and serves customers in the marine, locomotive and power plant industries worldwide.
HELSINSKI, Finland (June 3 2015) – Wärtsilä will supply an extension to the Pockwood Pond Power Generating Station in the British Virgin Islands, owned by the British Islands Electricity Corporation (BVIEC). The extension consists of two Wärtsilä 9L46 gensets, the related auxiliaries and a new power house, delivered on a turn-key basis. The gensets will run on light fuel oil with a combined output of 17 MW.
HELSINKI (March 30, 2015) – Wärtsilä, the leading global supplier of flexible and efficient power plant solutions and services, has signed a three-year Service Agreement with Newcrest Mining Limited for their power plants in Lihir gold mine in Papua New Guinea. The agreement, signed in February 2015, ensures maximised lifetime, performance and reduced operational costs for Newcrest Mining's power plants in a safe, reliable, and environmentally sustainable way.
HELSINKI, Finland (March 25, 2015) – Wärtsilä's first unit at Porto do Açu in São João da Barra (RJ), Brazil, is being inaugurated. This will be the first assembly plant and production unit for generator sets and azimuth thrusters in Brazil for Wärtsilä, a global provider of power generation solutions and services for ships and power plants. Covering 4,000 square meters of floor space, the unit will be able to receive up to 200 tons of equipment.
HELSINKI (Jan. 15, 2015) – The Port Westward Unit 2 power plant, supplied by Wärtsilä for Portland General Electric (PGE), reached commercial operation near Clatskanie, Oregon, on Dec. 30, 2014. The 220-megawatt (MW) Smart Power Generation plant is designed to balance wind and solar energy, as well as provide load-following and peaking services.
HELSINKI (Dec. 22, 2014) – Wärtsilä has been contracted to supply power plants for 11 cement factories of EUROCEMENT Group in Russia. The project is part of a modernization program of the factories, which focuses on energy efficiency and environmental upgrading. EUROCEMENT Group, making up almost 40 percent of the Russian cement market, is one of the largest cement producers in the world. The contract was signed in November 2014.
(28 November 2014)—“A peaceful, prosperous and just world in which sports is a unifying and livelihood factor” is the vision of Tegla Loroupe Peace Foundation (TLPF) in Kenya. The organization was established by Tegla Loroupe, a renowned athlete who has dedicated her track and field achievements to promote peaceful coexistence and socio-economic development in Kenya.
(18 November 2014)—Drydocks World (DDW) in Dubai has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbor tug that will operate on liquefied natural gas (LNG). This will be the first harbor tug in the Middle East region to operate on gas. The order was signed in November.
HELSINKI (Oct. 13, 2014) — Six new ethane carriers (VLECs) with a capacity of 87,000 cubic meters, which are being built at the Samsung Heavy Industries yard in South Korea, will feature Wärtsilä gas-handling systems. The contract was signed in September, and this series has an option for additional vessels. Deliveries of the Wärtsilä solutions will commence in 2016.
HELSINKI (Oct. 8, 2014) – Wärtsilä and two Indonesian partners have signed a joint development agreement with the intention of creating the first bio-LNG plant in Indonesia. The co-signers of the agreement with Wärtsilä are PT Pertamina (Persero), a national energy company, and PT Godang Tua Jaya (GTJ), a waste utilization sector specialist company.
HELSINKI (Sept. 22, 2014) – The HERCULES research and development (R&D) program to develop large engine technologies, which was initiated in 2004 as a joint vision by two major European engine manufacturing groups, Wärtsilä and MAN Diesel & Turbo, will continue with a new HERCULES-2 project, pending approval under the Horizon 2020 EU Framework Programme for Research and Innovation.
HELSINKI (Sept. 1, 2014) – Rakesh Sarin, B.Sc. (Eng.), has been appointed president of power plants, executive vice president and member of the board of management of Wärtsilä Corporation, effective Sept. 1. In this position, he is responsible for Wärtsilä's power plants business globally and will report to President and CEO Björn Rosengren.
HELSINKI (June 18, 2014) – Wärtsilä has received an order to supply a turnkey power plant for Saudi Arabia. The order was placed by Umm Al-Qura Cement Company in May 2014. The 47-megawatt (MW) captive power plant will be located in the mountain desert close to Taif city. The equipment will be fast-track delivered by February 2015, and the project will enter commercial operation by October 2015.
HELSINKI (May 9, 2014) – The city of Alexandria, La., has contracted Wärtsilä to supply a gas-fired power plant for long-term supply of peaking power. The contract was signed in March 2014.
The new power plant will have an output of 60 MW from seven Wärtsilä 34SG engines running on natural gas. The project is an extension of the existing D.G. Hunter Generating Station.
HELSINKI (Jan. 9, 2013) – Wärtsilä has signed two important long-term service agreements covering Amman Asia Electric Power’s power plant in Al Manakher, Jordan. The agreements comprise a 15-year Parts Supply Agreement, as well as a 5-year Technical Service Agreement with KEPCO Plant Service & Engineering Co., Ltd, the operations and maintenance contractor for the power plant. The contract was signed in October 2012.
HELSINKI, Finland (June 21, 2012) – Paolo Tonon, MSc (Eng), (42) has been appointed Vice President, R&D of Wärtsilä Industrial Operations as of 1 June 2012. Mr. Tonon will be responsible for the Research and Development of Wärtsilä products.
