Marine Market in China - Overview

Wärtsilä Power Plants history in China 1990's to early 2000 when availability of electricity from grid could not meet increasing demand, Wärtsilä focused on captive power plants for industrial parks. - 2000 2005 China ramped up the construction of large coal fired power plants. Wärtsilä targets the market for black start units for large power stations. - 2006 2009 China mining and construction companies started to expand overseas. Wärtsilä supplies power plants to Chinese EPC contractors for overseas projects in remote areas. 2010 - Present China is putting focus on renewable energy, smart grid concept and power system energy efficiency, providing opportunities for Wärtsilä's solutions 19 © Wärtsilä WÄRTSILÄ

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