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Limited synergies and profitability drive Wärtsilä's energy storage divestment
Wärtsilä spinning out its energy storage business, divesting a 50% stake, reflects difficulties in making it profitable and synergistic, an analyst said.
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Timeline cronologica
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Wärtsilä wraps energy storage business into joint venture with solar manufacturer RCT Solutions
There has been another twist in the long-running saga of Wärtsilä’s energy storage business and how the company aims to run it going forward.
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Limited synergies and profitability drive Wärtsilä's energy storage divestment
Wärtsilä spinning out its energy storage business, divesting a 50% stake, reflects difficulties in making it profitable and synergistic, an analyst said.