Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
The technology group Wartsila and KPMG, a leading consultancy firm, recently unveiled a joint study on the current status of the ancillary services market in India along with recommendations. The study demonstrates that supply-side flexibility is needed at the pan India level for an efficient ... (more)
India can cut its overall cost of electricity in half and reach net zero before 2050 by developing a 100% renewable energy power system, according to modelling by global technology company Wartsila and the Finnish Lappeenranta-Lahti University of Technology.