milestones
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Wartsila is a Finnish corporation with headquarters located in Helsinki, Finland and listed on the NASDAQ OMX, the world’s largest exchange company and home to more than 3400 industry leaders. The company has operations in nearly 170 locations in 70 countries around the world with approximately 18,700 employees.
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. It is a leading supplier of modern, environmentally advanced, highly efficient, and dynamic power plants that allow the maximum integration of intermittent renewable power generation.
They offer multi-fuel solutions for power generation markets, from base load generation to peaking and load following, as well as dynamic system balancing and ultra-fast grid reserve for current and future capacity markets. In addition to the technical advantages, their fast track deliveries of complete power plants, together with long-term operation and maintenance agreements, provide customers with complete solutions– in urban areas as well as in the most demanding remote environments. As of 2014, Wärtsilä has 55 gigawatt of installed power plant capacity in 169 countries around the world.
In the Philippines, Wärtsilä has installed more than 1,000 MW of land-based, diesel-fired power plants over the last 20 years.
Peakpower Energy Inc. (PEI) signed an agreement on October 11, 2019 with Wartsila Philippines Inc. for the operations and maintenance of PEI’s three diesel power plants in Mindanao.
