{"id":900909,"date":"2025-10-28T07:37:04","date_gmt":"2025-10-28T11:37:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/"},"modified":"2025-10-28T07:37:04","modified_gmt":"2025-10-28T11:37:04","slug":"babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/","title":{"rendered":"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada<\/b><\/p>\n<p>AKRON, Ohio&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBabcock &amp; Wilcox (B&amp;W) (NYSE: BW) announced today that it has been awarded a contract by Cache Power Corp. (Cache Power) to execute an engineering study for Cache Power\u2019s Marguerite Lake Compressed Air Energy Storage (CAES) and Hydrogen Hub Project near La Corey, Alberta, Canada.<\/p>\n<p>\nThe study is partially funded by a grant awarded by Alberta Innovates, a Canadian provincial crown corporation created and funded by the government of Alberta which is responsible for promoting innovation and economic growth in the province. The project will utilize B&amp;W\u2019s advanced <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.babcock.com%2Fhome%2Fenvironmental%2Fdecarbonization%2Flow-carbon-hydrogen%2F&amp;esheet=54346226&amp;newsitemid=20251028576497&amp;lan=en-US&amp;anchor=BrightLoop%26%238482%3B+energy+production+and+decarbonization+technology&amp;index=1&amp;md5=ae0062ec23b423fe5283883c2f8745b2\">BrightLoop\u2122 energy production and decarbonization technology<\/a> to support clean energy production and enable zero-emissions operation.<\/p>\n<p>\nCache Power is developing the 640-megawatt (MW) CAES facility next to the existing Marguerite Lake substation, which will be built in two identical 320 MW phases. The facility will store renewable energy from the grid in subterranean mined salt caverns in the form of compressed air and then release that air to generate electricity to meet grid demand.<\/p>\n<p>\nThe facility is designed to use natural gas or hydrogen to reheat the compressed air before it is expanded through turbines to generate electricity. B&amp;W\u2019s BrightLoop technology will be used to generate up to 60 tonnes-per-day of hydrogen for the facility, while also generating a nearly pure stream of carbon dioxide (CO<sub>2<\/sub>) for capture and storage, enabling the project to reach net-zero emissions.<\/p>\n<p>\n\u201cWe thank Alberta Innovates for the support they\u2019ve provided for this ground-breaking net-zero project and we thank Cache Power for their innovative mindset to add BrightLoop hydrogen generation to the project,\u201d said B&amp;W Chief Technology Officer Brandy Johnson. \u201cBrightLoop\u2019s versatility makes it an ideal solution for a wide variety of applications, including Cache Power\u2019s novel CAES project.\u201d<\/p>\n<p>\n\u201cWe\u2019re excited to begin engineering for this project and take the next step forward with Cache Power,\u201d Johnson said.<\/p>\n<p>\n\u201cOur project represents a major step toward clean, dispatchable and long-duration energy storage in Alberta,\u201d said Cache Power President Jordan Costley. \u201cBy combining compressed air energy storage with hydrogen production, storage and use, we\u2019re creating a sustainable solution to support grid reliability while helping Alberta meet its decarbonization goals.\u201d<\/p>\n<p>\nB&amp;W&#8217;s BrightLoop process is a versatile and flexible chemical looping technology utilizing a proprietary oxide TranspO<sub>2<\/sub>rt\u2122 particle for steam, hydrogen or syngas production with CO<sub>2<\/sub> isolation and can be used for a wide range of applications. The BrightLoop system produces clean energy with complete in-situ CO<sub>2<\/sub> capture utilizing a broad range of solid and gaseous fuels and feedstocks.<\/p>\n<p><b><i>About Babcock &amp; Wilcox<\/i><\/b><\/p>\n<p><i>Headquartered in Akron, Ohio, Babcock &amp; Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbabcock-%26-wilcox&amp;esheet=54346226&amp;newsitemid=20251028576497&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=6d0dbe377f01f83779efc4bf7fafa0eb\"><i>LinkedIn<\/i><\/a><i> and learn more at <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.babcock.com%2F&amp;esheet=54346226&amp;newsitemid=20251028576497&amp;lan=en-US&amp;anchor=babcock.com&amp;index=3&amp;md5=eeec5af36be496a0ce3baf56d5f02ebf\"><i>babcock.com<\/i><\/a><i>.<\/i><\/p>\n<p><b><i>About Cache Power Corp.<\/i><\/b><\/p>\n<p><i>Headquartered in Bonnyville, Alberta, Cache Power Corp. is a wholly owned subsidiary of Federation Group Inc., a medium sized EPC company operated under the trade names Federation Engineering and Federation Construction. Follow us on <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcache-power-corp%2F&amp;esheet=54346226&amp;newsitemid=20251028576497&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=f794e1def7518583e4b3e1ec6b4577d0\"><i>LinkedIn<\/i><\/a><i> and learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcachepower.ca%2F&amp;esheet=54346226&amp;newsitemid=20251028576497&amp;lan=en-US&amp;anchor=cachepower.ca&amp;index=5&amp;md5=ff960f97efd2ce6fa00081df556e244b\">cachepower.ca<\/a>.<\/i><\/p>\n<p><b><i>Forward-Looking Statements<\/i><\/b><\/p>\n<p><i>B&amp;W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the award of a contract for an engineering study funded by a grant for a compressed air energy storage facility utilizing B&amp;W\u2019s BrightLoop technology in Alberta, Canada. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251028576497\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251028576497\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact:<br \/>\n<br \/><\/b>Investor Relations<br \/>\n<br \/>Babcock &amp; Wilcox<br \/>\n<br \/>704.625.4944<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@babcock.com\">investors@babcock.com<br \/>\n<\/a><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Ryan Cornell<br \/>\n<br \/>Public Relations<br \/>\n<br \/>Babcock &amp; Wilcox<br \/>\n<br \/>330.860.1345<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:rscornell@babcock.com\">rscornell@babcock.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Ohio<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Utilities Oil\/Gas Sustainability Environment Alternative Energy Energy Engineering Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251028576497\/en\/2622605\/3\/BW-logo-name_4clr.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada AKRON, Ohio&#8211;(BUSINESS WIRE)&#8211; Babcock &amp; Wilcox (B&amp;W) (NYSE: BW) announced today that it has been awarded a contract by Cache Power Corp. (Cache Power) to execute an engineering study for Cache Power\u2019s Marguerite Lake Compressed Air Energy Storage (CAES) and Hydrogen Hub Project near La Corey, Alberta, Canada. The study is partially funded by a grant awarded by Alberta Innovates, a Canadian provincial crown corporation created and funded by the government of Alberta which is responsible for promoting innovation and economic growth in the province. The project will utilize B&amp;W\u2019s advanced BrightLoop\u2122 energy production and decarbonization technology to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-900909","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada AKRON, Ohio&#8211;(BUSINESS WIRE)&#8211; Babcock &amp; Wilcox (B&amp;W) (NYSE: BW) announced today that it has been awarded a contract by Cache Power Corp. (Cache Power) to execute an engineering study for Cache Power\u2019s Marguerite Lake Compressed Air Energy Storage (CAES) and Hydrogen Hub Project near La Corey, Alberta, Canada. The study is partially funded by a grant awarded by Alberta Innovates, a Canadian provincial crown corporation created and funded by the government of Alberta which is responsible for promoting innovation and economic growth in the province. The project will utilize B&amp;W\u2019s advanced BrightLoop\u2122 energy production and decarbonization technology to &hellip; Continue reading &quot;Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-28T11:37:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada\",\"datePublished\":\"2025-10-28T11:37:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/\"},\"wordCount\":748,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/\",\"name\":\"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"datePublished\":\"2025-10-28T11:37:04+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/","og_locale":"en_US","og_type":"article","og_title":"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada - Market Newsdesk","og_description":"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada AKRON, Ohio&#8211;(BUSINESS WIRE)&#8211; Babcock &amp; Wilcox (B&amp;W) (NYSE: BW) announced today that it has been awarded a contract by Cache Power Corp. (Cache Power) to execute an engineering study for Cache Power\u2019s Marguerite Lake Compressed Air Energy Storage (CAES) and Hydrogen Hub Project near La Corey, Alberta, Canada. The study is partially funded by a grant awarded by Alberta Innovates, a Canadian provincial crown corporation created and funded by the government of Alberta which is responsible for promoting innovation and economic growth in the province. The project will utilize B&amp;W\u2019s advanced BrightLoop\u2122 energy production and decarbonization technology to &hellip; Continue reading \"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/","og_site_name":"Market Newsdesk","article_published_time":"2025-10-28T11:37:04+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada","datePublished":"2025-10-28T11:37:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/"},"wordCount":748,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/","name":"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","datePublished":"2025-10-28T11:37:04+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251028576497r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-and-cache-power-corp-announce-initial-grant-for-energy-storage-and-carbon-capture-project-using-brightloop-technology-in-canada\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Babcock &amp; Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop\u2122 Technology in Canada"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/900909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=900909"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/900909\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=900909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=900909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=900909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}