Babcock & Wilcox

The Babcock & Wilcox Company Board of Directors Approves Spin-Off of Power Generation Business

Submitted by aburr on Sun, 2015-06-21 16:47

The Babcock & Wilcox board of directors approved the spin-off of the power generation business creating a new public company. The power generation business will be named Babcock & Wilcox Enterprises, and operate as Babcock & Wilcox. It will be headquartered in Charlotte, N.C. The remaining company will change its name to BWX Technologies on the date of the spin-off and will be headquartered in Lynchburg, Va. 

Digest (May 2015)

Sonoma Clean Power will build the largest floating solar array in the U.S., scheduled to be completed in 2016 and will create enough energy to power 3,000 houses; GE announced the construction of two service centers focused on the operation and maintenance of wind turbines in Brazil; Open Systems International was awarded a contract by Seattle City Light to implement a new energy management system; FirstEnergy expects to invest about $225 million on distribution and transmission infrastructure projects in north-central West Virginia; APR Energy commissioned an expansion of its power plant in Myanmar; The U.S. Nuclear Regulatory Commission approved Westinghouse Electric’s testing approach for the Westinghouse small modular reactor design; FuelCell Energy agreed to sell a 1.4-MW fuel cell power plant project to NRG Energy; ABB and Samsung SDI signed a memorandum of understanding to promote microgrid solutions globally; And others ...
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B&W Vølund Awarded Contracts for More Than $220 Million to Design, Manufacture and Operate U.K. Biomass Power Plant

Submitted by aburr on Tue, 2015-03-17 13:25

Babcock & Wilcox’s (B&W) Denmark-based subsidiary, Babcock & Wilcox Vølund A/S, was awarded contracts totaling more than $220 million to design, manufacture and operate a biomass power plant in Rotherham, South Yorkshire, England. B&W Vølund's consortium partner, Interserve Strategic Projects, will construct the plant for the developer, Copenhagen Infrastructure Partners.

Digest (March 2015)

Pacific Gas and Electric and automaker BMW are teaming up to test the ability of EV batteries to provide services to the electric grid; MidAmerican Energy completed work on four of five wind farms across Iowa that make up its Wind VIII project; GE received an order from the Tennessee Valley Authority to supply two high-efficiency 7HA.02 gas turbine generators for the new combined-cycle Allen plant; Appalachian Power plans to rebuild the existing South Bluefield-Wythe 69-kV transmission line; Bechtel partnered with Westinghouse Electric to provide decontamination and decommissioning services for nuclear power plants throughout the U.S.; SunEdison and Omnigrid Micropower signed a framework agreement to develop 5,000 rural projects, representing 250 MW of electricity, throughout India; The Tennessee Valley Authority and DuPont partnered to generate power and steam at TVA's Johnsonville site in Tennessee; and others.

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B&W Vølund Awarded Contracts for More Than $200 Million for Biomass Power Plant in Wales

Submitted by aburr on Sun, 2015-02-01 14:34

Babcock & Wilcox’s Denmark-based subsidiary, Babcock & Wilcox Vølund A/S, was awarded contracts by Margam Green Energy Ltd. for more than $200 million to engineer, procure and operate a state-of-the-art biomass power plant in Margam, Wales. B&W Vølund's consortium partner, Interserve Construction Ltd., will build the plant. The plant will be designed to burn 335,000 tons of wood waste biomass annually and generate approximately 40 MW of electricity.

Digest (Sept 2014)

Duke Energy Progress agreed to purchase $1.2 billion in generating assets from North Carolina Eastern Municipal Power Agency; ABB won a $400 million order that would create the first electricity link between Newfoundland and the North American power grid; Siemens Energy secured an order for a total capacity of 36 MW in Germany; NextEra Energy Partners’ Bluewater Wind Energy Center in Ontario began commercial operation; the Department of Energy took the first step toward issuing a $150 million loan guarantee to support construction of the Cape Wind offshore wind project; and others ...
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Digest (May 2014)

GE Energy Consulting and the New York Power Authority agree to a license arrangement allowing NYPA to use GE’s MAPS software to perform high-fidelity nodal analysis; NRG acquires Roof Diagnostics Solar, a residential solar company; GE unveils 2.75-120 wind turbine; AEP awards Babcock & Wilcox a contract to provide steam generator services.

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Digest

Williams completes Transco pipeline expansion and plans a new one; Hudson Transmission electrifies underwater line between New Jersey and Manhattan; Northern Power wind turbines installed at Hawaii microgrid project; GE boosts efficiency of diesels powering remote Alaskan cooperative; Siemens installs supercapacitor on Oregon rail line; plus contracts and announcements from Bonneville Power Administration, Primus Power, Ameren, ComEd, Silver Spring Networks, Toshiba, Babcock & Wilcox, and others.
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Digest

DOE funds B&W to develop and license small modular reactor technology; Panda awards 758-MW combined cycle contract to Bechtel; AEP picks Open Systems International to manage SPP and PJM generation assets; GDF Suez teams up with Viridity Energy for DR services; NRG and PJM go live with University of Delaware V2G project; Minnesota Power energizes new substation serving taconite mine; FP&L completes 4.5-million smart meter rollout; plus contracts and announcements from Duke, FirstSolar, Iberdrola, SRP, ABB, Elster, Siemens, and others.
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Digest

TVA moving ahead with Babcock & Wilcox mPower small modular reactor; Bechtel begins refueling and uprate work at Xcel's Monticello plant; NRG starts operations at 66-MW PV facility; NIST starts developing cybersecurity framework under presidential order; BPA to upgrade HVDC converter station; PacifiCorp working with CAISO to create real-time energy market; Cupertino Electric to install 230-kV line for 200-MW PV plant; plus contracts and announcements from Alstom, Siemens, Echelon, EPRI, Sempra, and others.
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