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Friday, 4 August 2017

Wärtsilä Oyj Abp (FI) - Wärtsilä to supply 22 MW power plant to Morocco

Wärtsilä Oyj Abp    

Wärtsilä to supply 22 MW power plant to Morocco

Wärtsilä Corporation, Press release, 4 August 2017 at 10 am EET

The technology group Wärtsilä is to supply a 22 MW baseload power plant to Morocco's state utility under an engineering, procurement and construction (EPC) contract. The main evaluation criterion for the project was the levelized cost of energy (LCOE) during an operating period of 20 years. LCOE measures the operating period costs divided by the energy produced.

The power plant consists of two Wärtsilä 46 engines, operating on heavy fuel oil with the capability to use light fuel oil as a back-up. This order is booked in the second quarter of 2017. The equipment will be delivered in early 2018, and the plant is expected to be fully operational in January 2019.

The growth in energy demand in Morocco is a result of improvements in the population's access to a basic infrastructure - including electricity. 

With this new power plant, Wärtsilä will now have an installed base of 189 MW in Morocco, the total installed base in Africa being 6 GW.

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For more information, please contact:

Jerome Jouaville
Business Development Manager
Wärtsilä Energy Solutions
Tel: +33 6 74975225
jerome.jouaville@wartsila.com

Arnaud Gouet
Regional Director, West Africa
Wärtsilä Energy Solutions
Tel: +33 6 85082005
arnaud.gouet@wartsila.com

Wärtsilä Energy Solutions in brief
Wärtsilä Energy Solutions is a leading global energy system integrator offering a broad range of environmentally sound solutions. Our offering includes ultra-flexible internal combustion engine based power plants, utility-scale solar PV power plants, energy storage & integration solutions, 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






This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Wärtsilä Oyj Abp, PL 196, Helsinki 00531, Suomi
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