Cooperation agreement with Wärtsilä brings efficient new concept to the power rental market
London, 14 June 2018 – Aggreko has announced it has entered into a cooperation agreement with Wärtsilä, to explore opportunities for the newly announced solution for providing ready-to-go power plants .
The partnership will introduce a completely new concept to the power market built around the recently introduced Wärtsilä Modular Block solution. This pre-fabricated, modular, and expandable enclosure features medium-speed engines which can run on a variety of fuels. This re-deployable power generation solution enables new business and financing models, such as power as a service or rentals
The solution can be installed in a matter of weeks and can be expanded to accommodate increased energy needs. Similarly, it can be dismantled and relocated to alternative locations as and when required, making it highly suited to temporary power generation. The solution can result in major savings in fuel consumption and operating costs, while harmful greenhouse gas emissions are considerably reduced.
Furthermore, the Modular Block is easy to integrate with renewable energy and storage systems. It is ideal for providing grid stability and balancing when integrating more intermittent renewable energy sources. The engines can run on natural gas, as well as biofuel for a fully sustainable solution.
“We recognise the growing market for distributed generation, and the increasing need for new thermal power solutions that are cost-comparable with permanent generation. We see a number of potential applications for the Modular Block on projects of typically 5-10 year duration, with its ability to achieve high levels of efficiency, while still being re-deployable,” commented Stephane Le Corre, Strategy and Commercial Development Director, Aggreko.
“We are delighted to be partnering with Aggreko to enter this rapidly growing market. Aggreko is the global leader in mobile, modular power, and the Wärtsilä Modular Block solution opens up exciting new opportunities both for stationary and temporary electricity generation of up to 100 MW” says Jean Nabb, Director, Strategic Partnerships, Wärtsilä Energy Business.
Under the agreement, Wärtsilä will provide the technology and design for the core power generation equipment with Aggreko incorporating it within its Rental/Power Solutions sales offering.