Wärtsilä bags €480m contracts for power plant projects in Latin America

Wärtsilä has secured two contracts with a combined worth of around €480 million for supplying 22 of its 34DF multi-fuel engines and 24 50DF multi-fuel engines to power plant projects in Latin America.

The contracts are part of its Q4/2021 order intake, said the Finnish technology company.

According to Wärtsilä, the Latin American power projects orders will be executed on a complete engineering, procurement, and construction (EPC) basis.

The power plant projects are anticipated to be completed by mid-2022 and mid-2023.

Wärtsilä bags €480m contracts for power plant projects in Latin America. Photo courtesy of Wärtsilä.

Håkan Agnevall — President and CEO of Wärtsilä said: “Wärtsilä is shaping decarbonization in the energy markets and leading the transition towards a 100% renewable energy future. Through our market-leading technologies, Wärtsilä is at the very core of future energy systems.

“Our state-of-the-art flexible power generation solutions provide a unique combination of energy efficiency, and fuel and operational flexibility, supported by high reliability. To enable an optimized energy transition path, systems need to be able to respond rapidly to the need to switch the power on and off quickly as supply and demand fluctuates. Wärtsilä’s solutions deliver the needed flexibility to make this possible.”