--- description: Find out why Wärtsilä was selected for the list title: TIME100 Most Influential Companies 2023: Wärtsilä image: https://static.time.com/v3/assets/bltea6093859af6183b/blt4c418f6db95d6839/698a3dd0cabb1d79e9e517d1/time100-companies-Wartsila-2023.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Jun 21, 2023 # Wärtsilä Storing power by [Justin Worland](/author/justin-worland/) ## Justin Worland Update your preferences in [Account Settings](/account/preferences/) Close Senior Correspondent  Wärtsilä's energy storage system. Wärtsilä's energy storage system.Courtesy of Wärtsilä Companies have spent trillions investing in clean energy like wind and solar power, but the question remains: What happens when the sun isn’t shining and the wind isn’t blowing? Finnish firm Wärtsilä is fixing the problem by constructing a flurry of facilities that store renewable energy and then dispatch it to the grid when it’s needed. In recent months, it completed work in critical locations like Hawaii (heavily reliant on imported diesel fuel) and on a new, utility-scale storage system in Texas ([plagued by power outages](https://time.com/6252910/texas-power-outage-energy-solutions/ "undefined") in recent years). New facilities are also sprouting up across the globe from Chile to the U.K. “The market is still growing,” says CEO Hakan Agnevall. “And not only in the U.S.” _A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders._ [_Join the Leadership Brief_](https://cloud.newsletters.time.com/signup?nln=leadership&source=100companies "undefined"). ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies-2023/6285127/wartsila/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies-2023/6285127/wartsila/"},"headline":"Wärtsilä","datePublished":"2023-06-21T10:55:40.000Z","dateModified":"2026-03-03T00:15:26.220Z","description":"","url":"https://time.com/collections/time100-companies-2023/6285127/wartsila/","keywords":["TIME100 Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt4c418f6db95d6839/698a3dd0cabb1d79e9e517d1/time100-companies-Wartsila-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Justin Worland","jobTitle":"Senior Correspondent","url":"https://time.com/author/justin-worland/"}],"creator":"Justin Worland","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt4c418f6db95d6839/698a3dd0cabb1d79e9e517d1/time100-companies-Wartsila-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies-2023/6285127/wartsila/","name":"Wärtsilä"}}]}] ```