Babcock & Wilcox Awarded Contract to Evaluate Carbon Capture System for Sweden Waste-to-Energy Plant
Babcock & Wilcox Enterprises, Inc. (BW)
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Source: Business Wire
AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has been awarded a contract to conduct a full-scale feasibility study of its SolveBright™ carbon dioxide (CO2) capture technology to be integrated into Mälarenergi AB’s waste-to-energy plant in Västerås, Sweden.Mälarenergi’s goal is to capture 400,000 tonnes of CO2 emissions annually, permanently store the CO2 and achieve carbon neutrality by 2035.B&W’s SolveBright scrubbing system is a post-combustion carbon capture technology that absorbs CO2 directly from a plant’s flue gas in an absorber using a regenerable solvent.“We’re pleased to collaborate with Mälarenergi on this feasibility study to demonstrate how B&W’s advanced SolveBright technology can dramatically reduce the Västerås plant’s greenhouse gas emissions,” said B&W Chief Operating Officer Jimmy Morgan. “We look forward to contributing our many decades of expertise in waste-to-energy and flue gas purification in support of this import
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- Babcock & Wilcox Enterprises, Inc. (NYSE: BW) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Babcock & Wilcox Announces Leadership Appointments [Yahoo! Finance]Yahoo! Finance
- Babcock & Wilcox Announces Leadership AppointmentsBusiness Wire
BW
Earnings
- 11/12/24 - Miss
BW
Sec Filings
- 12/12/24 - Form 8-K
- 12/10/24 - Form 4
- 12/2/24 - Form 8-K
- BW's page on the SEC website