Technology group Wärtsilä will invest approximately EUR 140 million to further expand its production capacity by 35% at its technology centre, Sustainable Technology Hub (STH) in Vaasa, Finland and associated global supply chain.
This expansion will increase Wärtsilä’s industrial capacity and strengthen the capacity of the associated global supply chain, positioning Wärtsilä to meet growing market demand in energy and marine. The expanded capacity will enable Wärtsilä to deliver a higher volume of engines, and better support both customer needs and continued business growth long-term. The new production capacity will be installed within the STH facility expansion announced in April 2025 and is expected to be commissioned in the first quarter of 2028.
“Global demand for reliable power is rising sharply as industries electrify, climate warming is driving needs for cooling, and data centres scale at unprecedented speed. In regions like North America and Europe, there are needs to renew ageing power generation infrastructure, while the increasing share of renewables in the global energy mix accelerates the demand for thermal balancing power to secure power system stability. Wärtsilä’s flexible and energy efficient engine technologies are increasingly the trusted choice for customers when addressing evolving power requirements. In parallel, shipowners are prioritising fuel flexibility and fuel efficiency to secure long-term competitiveness and compliance with evolving marine regulation. By expanding production capacity at the Sustainable Technology Hub and the associated global supply chain, we are strengthening our operational readiness for further growth. Additionally, we are reinforcing Wärtsilä’s role as a long-term partner for customers in both energy and marine, supporting the evolving needs and advancing the decarbonisation of these industries,” says Wärtsilä President and CEO Håkan Agnevall.
Key facts about the Wärtsilä Sustainable Technology Hub (STH):
For further information, please contact:
Anne Alarotu
Head of External Communications
Tel. +358 50 487 1308
anne.alarotu@wartsila.com
Image caption: Wärtsilä to further expand its production capacity in Finland by 35% to meet global increase in demand in energy and marine © Wartsila
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Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve environmental and economic performance. Our dedicated and passionate team of 18,300 professionals in more than 230 locations in 77 countries shape the decarbonisation transformation of our industries across the globe. In 2024, Wärtsilä’s net sales totalled EUR 6.4 billion. Wärtsilä is listed on Nasdaq Helsinki.
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