Wartsila to supply 20 MW of energy storage to Grand Cayman utility

Sep 27, 2022 01:36 PM ET
  • Finnish innovation group Wartsila Corp (HEL: WRT1V) said on Monday that it has actually booked an order to supply 2 10-MW/10-MWh energy storage systems to a utility company in the Cayman Islands.
Wartsila to supply 20 MW of energy storage to Grand Cayman utility
Image: Wärtsilä

It claimed it had safeguarded the engineering, purchase and construction (EPC) contract from Caribbean Utilities Company Ltd (TSE: CUP.U), likewise called CUC, to mount its storage option on Grand Cayman. The two websites will certainly be equipped with Wartsila's totally integrated, modular and also compact energy storage system GridSolv Quantum, and also the energy management system GEMS Digital Energy Platform.

According to Wartsila, Grand Cayman's only sources of grid-connected power are CUC's 161 MW of diesel-fuelled generation and also about 14 MW of solar PV. The energy storage space systems will certainly make it possible for CUC to operate its possessions more efficiently and lower fuel prices, as well as additionally pull in around 29 MW of dispersed customer-sited renewable resource resources without destabilising the grid, Wartsila claimed.

The storage centers, which will certainly be the utility's initial, are expected to find online in mid-2023.



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