Babcock & Wilcox Wins Engineering Study Contract for Alberta Energy Storage Project

Reuters

Oct 28, 2025

Babcock & Wilcox Wins Engineering Study Contract for Alberta Energy Storage Project

Babcock & Wilcox Enterprises Inc. announced it has been awarded a contract by Cache Power Corp. to conduct an engineering study for the Marguerite Lake Compressed Air Energy Storage (CAES) and Hydrogen Hub Project near La Corey, Alberta, Canada. The study is partially funded by a grant from Alberta Innovates. The project will utilize B&W's BrightLoop™ technology for hydrogen production and carbon capture, supporting clean energy production and aiming for net-zero emissions. The planned facility will have a capacity of 640 megawatts, built in two 320 MW phases, and will use mined salt caverns to store compressed air for electricity generation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Babcock & Wilcox Enterprises Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251028576497) on October 28, 2025, and is solely responsible for the information contained therein.

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