The company expanded heavily in the early 1900s, and started producing steam engines and water turbines for hydraulic power plants.

The years immediately after World War I were economically harsh, but a new product was introduced: a small two cylinder U2 outboard engine designed by Carl-Axel Skärlund.

Penta then designed the four cylinder 28 hp side valve Typ DA engine for the Volvo ÖV 4.

Volvo Penta has introduced several industry-first innovations to the marine engine market, including the sterndrive unit, contra-rotating propellers Duoprop, and Forward Drive.

Most recently, Volvo Penta has been the number one choice of propulsion and power generation for offshore wind farm vessels, a.k.a.

With ever-demanding focus on reducing CO2 emissions, Volvo Penta have released to market a hybrid solution for utilising electric motors mated to IPS drives.

[5] The company sells its engines to a variety of users, including many generator manufacturers, such as Aggreko Sdmo, Genpower, Kohler and Shanghai Dingxin Electric Group.