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Babcock & Wilcox News

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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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