Babcock & Wilcox Receives Limited Notice to Proceed for CO2 Capture Project at U.S. Power Plant

Reuters

Dec 08

Babcock & Wilcox Receives Limited Notice to Proceed for CO2 Capture Project at U.S. Power Plant

Babcock & Wilcox Enterprises Inc. has received a limited notice to proceed on engineering and long-lead procurement for its SolveBright™ post-combustion, regenerable solvent-based carbon dioxide (CO2) capture system at an existing U.S. power plant. The full notice to proceed is expected by March 2026. The estimated value of the agreement is $80 million, with the potential for additional scope and construction services. The SolveBright system will be capable of capturing and storing more than 550,000 tons of CO2 annually and is designed to operate with both advanced specialty and commodity solvents.

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: 20251208564922) on December 08, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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