Babcock & Wilcox

Babcock & Wilcox Signs Agreement to Proceed with Work for Coal-to-Biomass Power Plant Conversion and Carbon Capture Project in Michigan

Retrieved on: 
Lunedì, Giugno 3, 2024

The LNTP allows B&W to begin detailed design and procurement work while the parties finalize the contract.

Key Points: 
  • The LNTP allows B&W to begin detailed design and procurement work while the parties finalize the contract.
  • Babcock & Wilcox Construction Co., LLC, will manage the construction and mechanical scope of the project.
  • When the conversion project is complete, the Filer City power plant will use sustainable biomass as fuel – coupled with B&W’s SolveBright process – to generate power with net-negative greenhouse gas emissions.
  • “This project marks a step-change in real-world opportunities for our customers that are working to decarbonize and meet their business goals.”

Babcock & Wilcox Construction Co., LLC Awarded More Than $20 Million in Power Plant Outage and Rebuild Work

Retrieved on: 
Lunedì, Maggio 20, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that Babcock & Wilcox Construction Co., LLC (BWCC) has been awarded U.S. power plant outage and rebuild work valued at more than $20 million.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that Babcock & Wilcox Construction Co., LLC (BWCC) has been awarded U.S. power plant outage and rebuild work valued at more than $20 million.
  • “Keeping the existing baseload power fleet operating is critical to energy security, reliability and affordability, and demand for plant maintenance services remains strong as plant owners recognize the importance of extending the operating life of their power generating assets and keeping them running at maximum efficiency,” said BWCC Vice President and General Manager Mike Hidas.
  • “These outage and rebuild work agreements also drive increased demand for replacement parts,” Hidas said.
  • “B&W is a trusted provider of replacement parts for B&W and competitors’ equipment, including a wide range of power plant, boiler, auxiliary and environmental equipment.”
    BWCC provides outage services, installation, refurbishment, mechanical repair and maintenance services for a variety of industries – including utilities, oil and gas, petrochemical, pulp and paper and others – as well as equipment and plant installations, regardless of the original manufacturer.

Babcock & Wilcox Awarded Approximately $15 Million Contract to Supply Environmental Equipment for Middle East Industrial Plant

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Lunedì, Aprile 22, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment has been awarded a contract for approximately $15 million to supply environmental equipment for an industrial facility in the Middle East.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment has been awarded a contract for approximately $15 million to supply environmental equipment for an industrial facility in the Middle East.
  • “We are proud to have earned a reputation as a leading provider of environmental products, services and technologies for the global energy industry,” said Jimmy Morgan, B&W Executive Vice President and Chief Operating Officer.
  • “We continue to see significant demand for our environmental equipment across a wide scope of industries including for power generation, small and large industrial facilities, as well as the oil and gas, petroleum refining and petrochemical industries.”
    “This contract further demonstrates our extensive experience and expertise in the design, engineering, and manufacturing of high-performance environmental solutions for the global market,” Morgan added.
  • B&W Environmental’s broad suite of emissions control and environmental technology solutions include cooling systems, ash and material handling, chemical looping for carbon control, wastewater treatment, and state-of-the-art equipment for reducing particulate, mercury, nitrogen oxides, sulfur dioxides, acid gas and other emissions.

Babcock & Wilcox Awarded Contract to Upgrade Renewable Energy Boilers in Southeast Asia

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Lunedì, Aprile 15, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its Babcock & Wilcox Renewable Service A/S (B&W Renewable Service) subsidiary has been awarded a contract valued at more than $7 million to upgrade three municipal and commercial waste-fueled boilers and combustion equipment at a waste-to-energy power plant in Southeast Asia.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its Babcock & Wilcox Renewable Service A/S (B&W Renewable Service) subsidiary has been awarded a contract valued at more than $7 million to upgrade three municipal and commercial waste-fueled boilers and combustion equipment at a waste-to-energy power plant in Southeast Asia.
  • The contract was awarded based on the results of B&W Renewable Service’s Front-End Engineering Design (FEED) study in 2023.
  • “We’re pleased B&W Renewable Service has been selected for this critical infrastructure upgrade project,” said B&W Chief Operating Officer Jimmy Morgan.
  • “There is a robust market for waste-to-energy and biomass maintenance and upgrade services in Southeast Asia as customers look to keep plants running longer while also operating more efficiently.

Seniors Helping Seniors® In-Home Care Services Expands to Rock Hill, South Carolina

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Mercoledì, Aprile 17, 2024

CHARLOTTE, N.C., April 17, 2024 /PRNewswire-PRWeb/ -- Seniors Helping Seniors® in-home care services, a franchisor with over 125 franchise partners and more than 200 territories nationwide, has grown rapidly in recent years by building a workforce of talented caregivers who create meaningful relationships with their senior care clients. Now, local resident Tisa Mullis has opened a new location to serve the Rock Hill, South Carolina community.

Key Points: 
  • CHARLOTTE, N.C., April 17, 2024 /PRNewswire-PRWeb/ -- Seniors Helping Seniors® in-home care services, a franchisor with over 125 franchise partners and more than 200 territories nationwide, has grown rapidly in recent years by building a workforce of talented caregivers who create meaningful relationships with their senior care clients.
  • Now, local resident Tisa Mullis has opened a new location to serve the Rock Hill, South Carolina community.
  • Mullis will be opening her first Seniors Helping Seniors® location in Rock Hill, South Carolina, in April 2024 to serve the mid-Carolina counties of York, Lancaster, and Chester where she grew up.
  • Seniors Helping Seniors® services is expanding in Rock Hill, South Carolina with its unique care services and approach to caregiver-client matching.

Babcock & Wilcox Receives Contracts Totaling $24 Million for Three Middle East Industrial Boilers

Retrieved on: 
Mercoledì, Marzo 20, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has been awarded contracts totaling approximately $24 million to design, manufacture and supply three industrial boilers and associated equipment for petrochemical facilities in the Middle East and Central Asia regions.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has been awarded contracts totaling approximately $24 million to design, manufacture and supply three industrial boilers and associated equipment for petrochemical facilities in the Middle East and Central Asia regions.
  • “B&W plays a pivotal role in bolstering the reliability and security of energy infrastructure globally, as we deploy our cutting-edge technologies, equipment and services,” said Chris Riker, Senior Vice President, B&W Thermal.
  • We look forward to delivering reliable, durable and efficient industrial boilers to meet our customers’ needs.”
    B&W’s industrial boilers feature robust designs and fuel flexibility – with the capability to use oil, gas, hydrogen and a variety of other fuels – and are suitable for a wide array of industrial applications.
  • B&W’s growing Middle East, Africa and Central Asia presence includes offices in Saudi Arabia, Egypt, South Africa and a regional headquarters in Dubai, United Arab Emirates.

Babcock & Wilcox Signs Agreement for Power Plant Fuel-Switching Project Valued at Approximately $246 Million

Retrieved on: 
Lunedì, Marzo 18, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal business segment has signed an agreement valued at approximately $246 million for a gas conversion project for a power plant in North America.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal business segment has signed an agreement valued at approximately $246 million for a gas conversion project for a power plant in North America.
  • Under the agreement, B&W has received limited notice to proceed (LNTP) for the coal-to-natural gas project.
  • Notice to proceed for the full contract is anticipated in the fourth quarter of 2024.
  • Babcock & Wilcox Construction Co., LLC, will perform the construction portion of the project under an intercompany agreement when a full notice to proceed is received.

Babcock & Wilcox Enterprises Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Giovedì, Marzo 14, 2024

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the fourth quarter and full year 2023.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the fourth quarter and full year 2023.
  • Babcock & Wilcox Renewable segment revenues were $62.2 million for the fourth quarter of 2023, a decrease of 33% compared to $92.2 million in the fourth quarter of 2022.
  • Babcock & Wilcox Environmental segment revenues were $68.4 million in the fourth quarter of 2023, an increase of 58% compared to $43.2 million in the fourth quarter of 2022.
  • Babcock & Wilcox Thermal segment revenues were $115.0 million in the fourth quarter of 2023, an increase of 9% compared to $105.2 million in the fourth quarter of 2022.

Babcock & Wilcox and Black Hills Energy Receive State of Wyoming Grant to Develop a Low-Carbon Hydrogen Facility Using BrightLoop™ Technology

Retrieved on: 
Mercoledì, Gennaio 24, 2024

The plant design intends to use B&W’s BrightLoop™ technology to produce clean energy from coal, while CO2 emissions will be sequestered, or put to beneficial use.

Key Points: 
  • The plant design intends to use B&W’s BrightLoop™ technology to produce clean energy from coal, while CO2 emissions will be sequestered, or put to beneficial use.
  • As designed, the plant will be capable of producing 15 tons of clean hydrogen per day utilizing the BrightLoop process, which is a patented chemical looping technology.
  • “We look forward to working closely with our partner, Black Hills Energy, as we complete engineering, begin construction, and move toward completion of this commercial-scale project.
  • The BrightLoop process uses a proprietary, regenerable particle and has been demonstrated to effectively separate CO2 while producing hydrogen, steam and/or syngas.

Fidelis New Energy Selects Mason County West Virginia for Lifecycle Carbon Neutral Hydrogen Project, Data Center Campus, and Greenhouse Complex

Retrieved on: 
Mercoledì, Agosto 16, 2023

HOUSTON and POINT PLEASANT, W.Va., Aug. 16, 2023 /PRNewswire/ -- Fidelis New Energy®, LLC ("Fidelis") is pleased to announce the selection of Mason County, West Virginia for a lifecycle carbon neutral ("net-zero") hydrogen production facility and low carbon microgrid —The Mountaineer GigaSystem™ ("Mountaineer") and the Monarch Cloud Campus™ for data centers powered by net-zero hydrogen. Mountaineer will be implementing the proprietary FidelisH2® technology that enables production of hydrogen with zero lifecycle carbon emissions from a combination of natural gas, renewable energy, and carbon capture, utilization, and sequestration ("CCUS").

Key Points: 
  • This net-zero carbon hydrogen will be used for a variety of purposes including carbon neutral hyperscale datacenters, greenhouses, transportation, and steel production.
  • And now, we're in a great position to make the most of a new fuel – hydrogen – through this incredible project in Mason County.
  • John Musgrave, the Executive Director of the Mason County Development Authority commented, "The citizens of Mason County are elated with the announcement of Fidelis New Energy selecting Mason County, West Virginia, for its multibillion-dollar state of the art carbon neutral, clean hydrogen complex.
  • FidelisH2 is a novel hydrogen production pathway that enables lifecycle carbon neutral hydrogen from natural gas and renewable energy.