Therma Marine Inc. (TMI), a subsidiary of Aboitiz Power Corporation, one of the Philippines’ leading power companies, has ordered a barge-mounted 54 MW / 32 MWh energy storage system to be delivered by Wärtsilä on an engineering, procurement, and construction (EPC) basis. The Wärtsilä barge will be placed next to TMI’s existing thermal power barge of a total of 100 MW in the municipality of Maco in the province of Davao de Oro. The order was placed in September 2020. The project will be handled on a fast-track basis, with expected delivery in Q4 2021. This will be the first ever deployment of a floating energy storage solution in the South East Asia region. The solution will provide flexibility for TMI in their ancillary service contract with the National Grid Corporation of the Philippines.