Southern Company subsidiary Southern Power and Wärtsilä, a leading supplier of flexible generation technology, has signed a Memorandum of Understanding to develop two flexible gas power plant projects, which could be as large as 450 megawatts (MW) each. Southern Power will lead this effort.
Southern Power is a leader in the development, installation and operation of electric power facilities and has a proven track record of operational reliability and safety. The development of flexible gas power plant projects would align with the company’s overall business strategy of strengthening its wholesale business through acquiring and constructing generating assets that are substantially covered by long-term contracts with creditworthy counterparties.
Today, Southern Power continues to strategically grow its portfolio of more than 12,600 MW through the acquisition and development of clean energy solutions. The company owns and operates 10 combined-cycle and combustion-turbine natural gas-fueled power plants that generate more than 9,000 MW across five states. Additionally, the company owns more than 3,000 MW of renewable generation.
After contracts signed with the cities of Denton and Tallahassee over the past 12 months, Wärtsilä continues to grow its footprint in the USA. The current installed base, including projects under construction, is more than 3,000 MW. Globally, Wärtsilä’s installed power plant base is 63 GW in 176 countries.