Wärtsilä receives notice to proceed for power plant in Mexico

Wärtsilä receives notice to proceed for power plant in Mexico

ID: 389728

(Thomson Reuters ONE) -


Wärtsilä Corporation, Press release, 30 April 2014 at 9.30 am EET

Wärtsilä has received full notice to proceed (NTP) from Energía del Caribe, S.A.
for the supply of a 139 MW Flexicycle power plant to a site near Monterrey in
Northern Mexico. Construction will start immediately. The turnkey contract was
signed in September 2014 and the power station is scheduled to be in commercial
operation in April 2016. The fast-track delivery includes seven gas-fired
Wärtsilä 50SG engines, the largest gas engine in the world.

"The start of construction is a very important milestone for us. We are eager to
start operations," says Guillermo Barragán Toledo, Country Manager of Energía
del Caribe, S.A.

In this unique project, electricity will be exported through Mexico to
Guatemala. The company will deliver approximately 950 GWh of electricity per
year to the utilities Empresa Eléctrica de Guatemala and Energuate. To reach the
target, the baseload power plant will run at full output for 24 hours a day.

"We chose internal combustion engines to ensure reliability. If one of the seven
engines is under maintenance, the other six are fully operational. This is how
we avoid cut-offs," Barragán Toledo says.

"Another reason was fuel efficiency. In this size range, engines are the most
efficient technology. We also like the fact that engines maintain high
efficiency in extreme temperatures." To maximize efficiency, Wärtsilä Flexicycle
power plants include a combined cycle steam turbine.

"Mexico is a very interesting market for us. Flexible engine power plants can
help optimise the power system by providing efficient peaking power and fast-
reacting back-up for wind and solar energy. This can lead to significant
savings," says Raul Carral, Wärtsilä's Business Development Manager, after
discussing Mexican energy reform plans with government officials in Mexico City




recently.

"I'd like to welcome Finnish energy technology to Mexico. We can certainly work
together to find the best solutions to optimise the Mexican power system and
lower the cost of electricity," said the Minister of Energy of Mexico, Pedro
Joaquin Coldwell.

The Monterrey project will double Wärtsilä's capacity in Mexico to 280 MW.
Wärtsilä's total installed capacity in North America, Central America and the
Caribbean is over 7000 MW.



Wärtsilä's press release 16 October 2014: Wärtsilä to supply a 139 MW Flexicycle
power plant in Mexico

Link to image


For further information please contact:

Raul Carral, Ph.D.
Business Development Manager,
Mexico, Central America and the Spanish-Speaking Caribbean
Wärtsilä Power Plants
Tel: +1 832 205 5114
Raul.Carral(at)wartsila.com


Jussi Laitinen
Communications Manager
Wärtsilä Power Plants
Tel: +358 50 4042006
jussi.laitinen_external(at)wartsila.com



Wärtsilä Power Plants in brief
Wärtsilä Power Plants is a leading global supplier of flexible baseload power
plants of up to 600 MW operating on various gaseous and liquid fuels. Our
portfolio includes unique solutions for peaking, reserve and load-following
power generation, as well as for balancing intermittent power production.
Wärtsilä Power Plants also provides LNG terminals and distribution systems. As
of 2014, Wärtsilä has 56 GW of installed power plant capacity in 170 countries
around the world.
www.smartpowergeneration.com

Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximizes the environmental and economic performance of the
vessels and power plants of its customers. In 2013, Wärtsilä's net sales
totalled EUR 4.7 billion with approximately 18,700 employees. The company has
operations in more than 200 locations in nearly 70 countries around the world.
Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Wärtsilä Oyj Abp via GlobeNewswire
[HUG#1916431]




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Bereitgestellt von Benutzer: hugin
Datum: 30.04.2015 - 08:30 Uhr
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News-ID 389728
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