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Babcock & Wilcox News

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B&W Renewable Signs Agreement to Jointly Develop Innovative Biomass-to-Hydrogen Clean Energy Project in Australia Using BrightLoop™ Technology

October 18, 2021

Babcock & Wilcox announced today that its B&W Renewable segment has entered into an agreement with Port Anthony Renewables Limited to jointly develop a biomass-to-hydrogen clean energy project in Port Anthony, Victoria, Australia utilizing B&W’s BrightLoop™ technology. When completed, the plant is expected to be part of the largest green hydrogen hub in southeastern Australia.
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B&W Completes Acquisition of Majority Stake in Fosler Construction; Will Operate as Fosler Solar, a Babcock & Wilcox Company

October 5, 2021

Babcock & Wilcox Enterprises, Inc. announced today that it has completed its acquisition of a majority interest in Illinois-based solar energy contractor Fosler Construction Company Inc. Fosler will be part of the B&W Renewable segment and operate under the name Fosler Solar, a Babcock & Wilcox company.
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Babcock & Wilcox Renewable Receives $38 Million Technology Award for New Waste-to-Energy Facilities in East Asia

September 30, 2021

Babcock & Wilcox announced today that its B&W Renewable segment has received an award for more than $38 million to supply waste-to-energy technologies for municipal waste projects in East Asia.
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Unlocking Hidden Combustion Properties of Waste Streams

September 29, 2021

Fluidized bed combustion technology offers the potential to use a wide range of carbon-neutral biomass sources, as well as municipal and industrial waste to produce steam for processes and electrical power. However, biomass and waste fuels are not all created equal. Read more by B&W’s Jim DeSellem as featured in Biofuels Digest.
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Babcock & Wilcox to Accelerate Growth in Clean Energy with Acquisition of Renewable Services Firm, VODA A/S; Will Form B&W Renewable Service Unit

September 28, 2021

Babcock & Wilcox Enterprises, Inc. announced today that it has signed a definitive agreement to acquire VODA A/S, a leading multi-brand aftermarket parts and service provider for the waste-to-energy and biomass-to-energy markets based in Vejen, Denmark.
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Babcock & Wilcox Renewable Awarded $35 Million Contract to Supply Waste-to-Energy Technologies for Facilities in Greenland

September 27, 2021

B&W's Renewable segment has been awarded a contract for more than $35 million by Greenland’s national waste management company, ESANI A/S, to supply and install advanced combustion, emissions control and related equipment for its new municipal waste-to-energy facilities.
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Babcock & Wilcox Renewable to Expand into Solar Energy through Acquisition of Majority Ownership Interest in Leading Solar Installation Firm Fosler Construction

September 15, 2021

Babcock & Wilcox Enterprises, Inc. announced today that it has signed a definitive agreement to acquire a majority ownership stake in Illinois-based solar energy contractor Fosler Construction Company Inc. (“Fosler Construction”), significantly enhancing its capabilities in solar energy.
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Kim Bredahl Joins Babcock & Wilcox Enterprises as Senior Vice President, B&W Renewable; Will Lead Company’s Renewable Energy Growth Initiative

August 24, 2021

Babcock & Wilcox Enterprises, Inc. announced today that Kim Bredahl will join the company as Senior Vice President, B&W Renewable, effective Sept. 1, 2021.
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Babcock & Wilcox, NREL Sign Exclusive IP Option Agreement for Advanced, Renewable Energy Storage Technology

July 12, 2021

Technology will provide up to 100 hours of long-term energy storage for up to 135 megawatts of power generation (AKRON, Ohio – July 12, 2021) – Babcock & Wilcox ("B&W") (NYSE: BW) and the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) have signed an Intellectual Property Option Agreement that gives B&W field-limited exclusive rights to negotiate a licensing agreement that would allow it to market an advanced, particle-based thermal energy storage technology currently in development.
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