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Babcock & Wilcox News

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State of West Virginia Agrees to Provide $10 Million for Development of Babcock & Wilcox BrightLoop™ Hydrogen and Carbon Capture Project

December 10, 2024

B&W's subsidiary has signed an agreement for funding of up to $10 million from the West Virginia Department of Economic Development for the development of a BrightLoop™ hydrogen production and carbon capture facility in Mason County, W. Va.
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Babcock & Wilcox Announces Leadership Appointments

December 2, 2024

B&W announced leadership changes that will become effective January 1, 2025. Lou Salamone to retire as Chief Financial Officer; Cameron Frymyer named Chief Financial Officer; Chris Riker named Chief Operating Officer; Jimmy Morgan named Chief Commercial Officer and Gillianne Hetrick named Senior Vice President, Corporate Operations.
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Babcock & Wilcox Receives Full Notice to Proceed on $246 Million Contract for Indiana Power Plant Coal-to-Gas Fuel-Switching Project

November 14, 2024

Babcock & Wilcox announced today that its B&W Thermal business segment has received full notice to proceed under an agreement for a coal-to-natural gas conversion project at AES Indiana’s Petersburg Generating Station valued at approximately $246 million.
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Babcock & Wilcox Enterprises Reports Third Quarter 2024 Results

November 12, 2024

Babcock & Wilcox Enterprises, Inc. announced results for the third quarter of 2024. "We believe that we are in a unique position to leverage the significant increase in base-load generation demand in North America and around the world," said Kenneth Young, B&W Chairman and Chief Executive Officer.
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Babcock & Wilcox Awarded Contract to Evaluate Carbon Capture System for Sweden Waste-to-Energy Plant

November 11, 2024

B&W announced today that it has been awarded a contract to conduct a full-scale feasibility study of its SolveBright™ carbon dioxide (CO2) capture technology to be integrated into Mälarenergi AB’s waste-to-energy plant in Västerås, Sweden.
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Babcock & Wilcox Announces Closing of Previously Announced Sale of its Italian and Swedish Businesses

October 31, 2024

Babcock & Wilcox Enterprises, Inc. announced the closing of the previously announced sale of the Italy-based SPIG S.p.A. group of companies and Sweden-based Babcock & Wilcox Vølund AB — formerly known as Götaverken Miljö AB (GMAB).
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Babcock & Wilcox Sets Third Quarter 2024 Conference Call and Webcast for Tuesday, November 12, 2024 at 5 p.m. ET

October 29, 2024

Babcock & Wilcox will host a conference call and webcast on Tuesday, November 12, 2024 at 5 p.m. ET.
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Babcock & Wilcox Reaches Agreement to Sell its Italian and Swedish Businesses

October 10, 2024

B&W announced today it has reached an agreement to sell its Italy-based SPIG S.p.A. group of companies and Sweden-based Babcock & Wilcox Vølund AB formerly known as Götaverken Miljö AB (GMAB).
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Babcock & Wilcox Awarded Front-End Engineering and Design Contract for Canada’s First Waste-to-Energy Plant with Carbon Capture and Sequestration

September 5, 2024

Babcock & Wilcox announced today that it has been awarded a contract to conduct front-end engineering and design (FEED) for Varme Energy Inc.’s planned waste-to-energy with carbon capture and sequestration project in Alberta, Canada.
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Babcock & Wilcox Awarded $8 Million Contract for Cooling System for U.K. Renewable Energy Project

August 22, 2024

Babcock & Wilcox announced today that its B&W Environmental business segment has been awarded a contract for more than $8 million to design and supply a cooling system for a U.K. renewable energy facility.
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B&W Opens Regional Service Center in the Philippines

August 19, 2024

B&W’s new regional Service Center in Batangas Province, the Philippines, is now operational. This 25,000 square-foot (2300 square-meter) facility is strategically located to help us better serve customers throughout the Philippines and in neighboring countries in Southeast Asia.
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B&W Decarbonization Technologies Featured in 2024 Global Clean Energy Compendium

August 9, 2024

The Global CCS Institute has released its “State of the Art: CCS Technologies 2024” report, highlighting Babcock & Wilcox’s (B&W’s) ClimateBright™ decarbonization technologies among its compendium of the most advanced commercially ready carbon capture and storage (CCS) technologies available.
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