Wärtsilä and RCT Solutions launch 50-50 Valo energy storage joint venture
Bitget2026/10/02 14:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Wärtsilä completed a planned 50-50 joint venture with Germany’s RCT Solutions for its global energy storage business.
- The venture, named Valo, combines Wärtsilä’s energy storage platform with RCT Solutions’ engineering capabilities to target long-term market growth.
- Wärtsilä’s energy storage unit generated EUR 694 million revenue in 2025, employing about 450 staff globally.
- Energy storage stopped reporting as a separate segment in Q2 2026, shifting to discontinued operations until the transaction completion date.
- Valo is expected to post a negative operating result in 2026, reaching profitability toward late 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wärtsilä Oyj published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.
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