Wärtsilä and Q Power sign strategic cooperation agreement to support development of renewable fuels
The technology group Wärtsilä and Q Power Oy, a Finnish pioneer in biomethanisation, have signed a cooperation agreement to accelerate the development and commercialisation of renewable fuels, the company said in its release. The companies will work closely together to further develop the market and to find business opportunities for biomethanisation and synthetic fuels globally. The first target of the cooperation is to showcase a mobile demonstration plant at the Finnish pavilion at Expo 2020 Dubai between October 2020 and April 2021. The World Expo is expected to attract 25 million visits, bringing high visibility to the new concept and the possibilities of synthetic fuels.
Q Power’s patented biomethanisation concept helps in the transition towards renewable fuels, which are produced by taking CO2 from the atmosphere or industrial processes and combining it with hydrogen. Biomethanisation is a Power-to-X technology for producing synthetic methane. Synthetic methane and other synthetic fuels are essential steps on the path to decarbonising the energy, transportation and industrial sectors and helping humankind move towards a 100% renewable energy future.
The collaboration with Q Power is a continuation of Wärtsilä’s way of working with start-ups and collaborating with other energy players to develop and scale up technologies and business opportunities that support a 100% renewable energy future.
Q Power is an innovative Finnish start-up company that develops renewable energy solutions. Q Power’s patented biological methanisation technology produces biomethane from hydrogen and carbon dioxide. The company’s focus is on delivering concrete solutions for fighting climate change. Emissions and waste are raw materials that can be used to significantly increase sustainable biomethane production. The company was founded by Ilkka Herlin and Saara Kankaanrinta.