Babcock & Wilcox Receives Limited Notice to Proceed to Supply CO2 Capture Technology for U.S. Power Plant
Babcock & Wilcox Enterprises, Inc. (BW)
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Source: Business Wire
- Facility will utilize B&W’s SolveBright™ solvent-flexible CO2-capture process- Full notice to proceed anticipated in March 2026- Baseload power demand is driving the need for power generation and environmental technologies AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has received limited notice to proceed with engineering and long-lead procurement on a SolveBright™ post-combustion, regenerable solvent-based carbon dioxide (CO2) capture system for an existing power plant in the United States. The full notice to proceed is anticipated to be signed by March 2026, with an estimated value of $80 million and the potential for additional scope and construction services.B&W’s SolveBright system design will allow the use of both an advanced specialty solvent and widely available commodity solvents, providing significant operational flexibility and potential cost savings for the plant owner. The SolveBright solution will be capable of capturing an
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- 12/9/25 - Form 8-K
- 12/5/25 - Form 25-NSE
- 11/21/25 - Form 4
- BW's page on the SEC website