{"id":41154,"date":"2021-03-04T10:50:46","date_gmt":"2021-03-04T14:50:46","guid":{"rendered":"https:\/\/www.carilec.org\/?p=41154"},"modified":"2021-03-04T10:50:46","modified_gmt":"2021-03-04T14:50:46","slug":"wartsila-strengthens-its-commitment-to-decarbonisation-with-further-investment-in-soletair-power","status":"publish","type":"post","link":"https:\/\/carilec.org\/wartsila-strengthens-its-commitment-to-decarbonisation-with-further-investment-in-soletair-power\/","title":{"rendered":"W\u00e4rtsil\u00e4 strengthens its commitment to decarbonisation with further investment in Soletair Power"},"content":{"rendered":"
W\u00e4rtsil\u00e4 Corporation, Press release, March 02, 2021 at 9:00 AM E. Europe Standard Time<\/div>\n
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The technology group W\u00e4rtsil\u00e4 has invested a further EUR 1 million in\u00a0Soletair Power Oy<\/a>, a Finnish\u00a0CO2\u00a0<\/sub>direct air capture technology company. This follows W\u00e4rtsil\u00e4\u2019s original EUR 500,000 investment in Soletair Power made in\u00a02019<\/a>. Soletair Power has developed a breakthrough solution for capturing the carbon dioxide (CO2<\/sub>) from air in buildings that can be used when creating synthetic renewable fuel. This latest investment enables Soletair Power to further its global sales efforts and to scale up the manufacturing of its\u00a0CO2<\/sub>\u00a0capture solution for building ventilation. The investment enhances W\u00e4rtsil\u00e4\u2019s position at the forefront of decarbonisation technology, and the capture and utilisation development of CO2<\/sub>. In addition to producing synthetic renewable fuels, the carbon captured from air can be used for various purposes and industry applications, such as in the food industry.<\/p>\n

The direct air capture of CO2 is an essential element of the world\u2019s efforts towards decarbonisation. Soletair Power\u2019s technology is the first in the world with building integration, which opens a unique business case with several value streams. Capturing CO2 from in-house air allows occupants to perform better, which is applicable especially in schools and workplaces. The solution also turns buildings into carbon sinks that support cities going carbon neutral. Soletair Power\u2019s technology represents the new era of circular economy in the form of carbon utilisation.<\/p>\n

\u201cW\u00e4rtsil\u00e4 and Soletair Power are both committed to creating a sustainable future through technology development. Cooperating with W\u00e4rtsil\u00e4 has been very fruitful and they have supported our development beyond the typical investor role. This latest W\u00e4rtsil\u00e4 investment will play an important role in allowing us to meet the growing demand for cost-efficient and carbon-neutral solutions,\u201d says Petri Laakso, CEO of Soletair Power.<\/p>\n

\u201cOne of the cornerstones of W\u00e4rtsil\u00e4\u2019s Smart Energy vision is to collaborate with strategic partners, such as cutting-edge technology companies, research institutes and start-ups, to accelerate innovation and promote the commercialisation of new and exciting solutions. By supporting new businesses that can create a leap forward towards decarbonising our world, we are endorsing the commitment the company has made to sustainability and the transition towards a 100% renewable energy future. Soletair Power has already demonstrated how the captured\u00a0CO2\u00a0<\/sub>can be turned into synthetic renewable fuels, and there are many other interesting applications under development in different industries for its utilisation,\u201d says Matti Rautkivi, Director, New Business at W\u00e4rtsil\u00e4 Energy.<\/p>\n

W\u00e4rtsil\u00e4 is a technology leader in the development of systems and solutions that promote decarbonization in the energy and marine markets. W\u00e4rtsil\u00e4, together with Soletair Power and Q Power, a Finnish company specialising in synthetic fuel technologies, developed the first demonstration unit producing synthetic methane from captured CO2<\/sub>\u00a0in 2020.<\/p>\n

Media contact for more information on this release:<\/p>\n

Mirja-Maija Santala
\nManager, Marketing & Communications
\nW\u00e4rtsil\u00e4 Energy
\nMob: +358 400 793\u00a0827
\nmirja-maija.santala@wartsila.com<\/a><\/p>\n

Image: The additional 1 MEUR investment by W\u00e4rtsil\u00e4 enables Soletair Power to further its global sales efforts and to scale up the manufacturing of its\u00a0<\/em>CO2<\/sub><\/em>\u00a0capture solution for building ventilation\u00a0<\/em>\u00a9Soletair Power<\/em><\/p>\n

All W\u00e4rtsil\u00e4 releases are available at\u00a0https:\/\/www.wartsila.com\/media\/news-releases<\/a>\u00a0and at\u00a0http:\/\/news.cision.com\/wartsila-corporation<\/a>\u00a0where also the images can be downloaded.<\/p>\n

W\u00e4rtsil\u00e4 Energy in brief<\/strong>
\nW\u00e4rtsil\u00e4 Energy leads the transition towards a 100% renewable energy future. We help our customers unlock the value of the energy transition by optimising their energy systems and future-proofing their assets. Our offering comprises flexible power plants, energy management systems, and storage, as well as lifecycle services that ensure increased efficiency and guaranteed performance. W\u00e4rtsil\u00e4 has\u202fdelivered\u202f72 GW of\u202fpower plant capacity in 180 countries around the world.
\nhttps:\/\/www.wartsila.com\/energy<\/a><\/p>\n

W\u00e4rtsil\u00e4 in brief<\/strong>
\nW\u00e4rtsil\u00e4 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, W\u00e4rtsil\u00e4 maximises the environmental and economic performance of the vessels and power plants of its customers. In 2020, W\u00e4rtsil\u00e4’s net sales totalled EUR 4.6 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. W\u00e4rtsil\u00e4 is listed on Nasdaq Helsinki
\nwww.wartsila.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

W\u00e4rtsil\u00e4 Corporation, Press release, March 02, 2021 at 9:00 AM E. Europe Standard Time The technology group W\u00e4rtsil\u00e4 has invested […]<\/p>\n","protected":false},"author":165,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[3302,3672,3676,3303,3674,3501,3671,3670,3669,3678,3673,3675,3580,3677,3237],"class_list":["post-41154","post","type-post","status-publish","format-gallery","hentry","category-news","tag-3302","tag-capturecarbondioxide","tag-carbon","tag-decarbonisation","tag-decarbonisationtechnology","tag-decarbonization","tag-directaircapturetechnology","tag-soletairpower","tag-soletairpoweroy","tag-syntheticfueltechnology","tag-syntheticrenewablefuel","tag-utilisationdevelopmentof-carbondioxide","tag-wartsilasgemssmart-energymanagementsystem","tag-wartsilasmartenergy","tag-wartsila","post_format-post-format-gallery"],"acf":[],"aioseo_notices":[],"featured_image":"https:\/\/carilec.org\/wp-includes\/images\/media\/default.svg","month_date":"Mar","day_date":"4","_links":{"self":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/posts\/41154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/users\/165"}],"replies":[{"embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/comments?post=41154"}],"version-history":[{"count":0,"href":"https:\/\/carilec.org\/api\/wp\/v2\/posts\/41154\/revisions"}],"wp:attachment":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/media?parent=41154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/categories?post=41154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/tags?post=41154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}