B&W and Lightbridge to Collaborate on Metallic Nuclear Fuel Pilot Fabrication Facility
Babcock & Wilcox Nuclear Energy, Inc. (B&W NE), a subsidiary of The Babcock & Wilcox Company (NYSE:BWC), and Lightbridge Corporation (NASDAQ: LTBR) have signed a memorandum of understanding (MOU) to explore joint development of a pilot-scale facility to demonstrate fabrication of Lightbridge’s innovative metallic nuclear fuel.
B&W Begins Front-End Engineering and Design Work for FutureGen 2.0 Carbon Capture Project
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has signed an agreement with the FutureGen Industrial Alliance to perform full front-end engineering and design work on the FutureGen 2.0 carbon capture and storage (CCS) project in Meredosia, Ill.
William A. (Bill) Fox III Appointed Senior Vice President and Chief Operating Officer for Generation mPower LLC
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that William A. (Bill) Fox III has been appointed Senior Vice President and Chief Operating Officer of its majority-owned subsidiary, Generation mPower LLC (GmP). Mr. Fox will report directly to Christofer Mowry, President and Chief Executive Officer of GmP.
B&W Responds to Decision on Second Procurement Protest
The Babcock & Wilcox Company (B&W) (NYSE: BWC) has learned of the Government Accountability Office (GAO) decision to dismiss as premature most of the protest filed by Nuclear Production Partners, LLC (NP2). This protest was filed in regard to the corrective action taken by the National Nuclear Security Administration (NNSA) after GAO sustained NP2's initial protest of the combined management and operating contract award for the Y-12 National Security Complex (Y-12) and Pantex Plant (Pantex).
B&W Subsidiary Completes Construction of New Manufacturing Facility in China
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today the completion of a new boiler auxiliary equipment manufacturing facility for Diamond Power International, Inc. (DPII), a subsidiary of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), in Jingshan, Hubei Province, China.
U.S. Department of Energy Provides Additional Funding to Support B&W mPower™ Project
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that the U.S. Department of Energy (DOE) has allocated an additional $20.5 million in funding to its Cooperative Agreement with Babcock & Wilcox mPower, Inc. (B&W mPower) under the Small Modular Reactor Licensing Technical Support Program.
B&W Plays Key Role in Design and Construction of Power Plant Recognized as POWER Magazine's 2013 Plant of the Year
The Babcock & Wilcox Company (B&W) (NYSE:BWC) is pleased that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been recognized as a key member of the project team for the John W. Turk, Jr. Power Plant owned by American Electric Power's (AEP) Southwestern Electric Power Co. (SWEPCO), which recently was named the recipient of POWER Magazine's 2013 Plant of the Year Award. The Turk plant began commercial operation in December 2012 and is one of the most efficient, low-emission coal-fired power plants in North America.
B&W Welcomes U.S. Congressman Michael Fitzpatrick to Hatfield, Pa. Facility
The Babcock & Wilcox Company (B&W) (NYSE:BWC) recently welcomed U.S. Rep. Michael Fitzpatrick, who represents the 8th Congressional District of Pennsylvania, on a tour and town hall style meeting with employees of the Hatfield, Pa. office of its Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) subsidiary.
B&W to Supply Natural Gas Boilers to Virginia Manufacturing Facility
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has been awarded a contract to design and supply FM water tube package boilers to engineering and construction firm Black & Veatch for a project at a manufacturing facility in Virginia.
Project Joint Venture of B&W Subsidiary Awarded $110 Million Contract to Replace Equipment at Iowa Power Plant
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that a joint venture between a unit of its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) and architectural, engineering and construction firm Burns & McDonnell Engineering Company, Inc. has been awarded a $110 million contract to replace auxiliary equipment at Interstate Power and Light Company's (IPL) Ottumwa Generating Station power plant in Ottumwa, Iowa.