Babcock & Wilcox Advances BrightLoop™ Hydrogen Project with Kanadevia Inova Partnership
Key Ideas
- Babcock & Wilcox will use proceeds from asset sale to deploy BrightLoop™ technology in Massillon, Ohio, for hydrogen production and carbon capture.
- Collaboration with Kanadevia Inova, a global leader in waste-to-energy technologies, aims to explore potential use cases for BrightLoop projects worldwide.
- The BrightLoop technology uses a unique iron-oxide particle to produce hydrogen from water while capturing carbon emissions more efficiently and cost-effectively.
- The MOU signed will evaluate cooperation on developing BrightLoop projects using waste and biomass as feedstocks for sustainable energy solutions.
Babcock & Wilcox Enterprises, Inc. announced plans to utilize funds from the sale of its Danish subsidiary for deploying the BrightLoop™ hydrogen production facility in Massillon, Ohio. The project, located at the Massillon Energy and Technology Park, aims to produce three to five tons-per-day of hydrogen from water while capturing carbon dioxide for storage. The collaboration with Kanadevia Inova, a global leader in waste-to-energy technologies, will explore expanding the applications of BrightLoop technology globally. By utilizing its proprietary iron-oxide TranspO2rt™ particle, BrightLoop can efficiently produce hydrogen and capture carbon emissions from a variety of fuel sources at a lower cost. The memorandum of understanding (MOU) signed between the companies will assess the feasibility of utilizing waste and biomass as feedstocks for future BrightLoop projects. Babcock & Wilcox, headquartered in Akron, Ohio, is recognized for its expertise in energy and environmental solutions, while Kanadevia Inova focuses on innovative green technology solutions for the energy transition and circular economy.