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B&W Renewable to Provide Upgrades to Reduce Emissions and Increase Efficiency of Scotland Waste-to-Energy Plant

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Babcock & Wilcox (BW) has secured a contract valued at over $3 million to upgrade the Shetland Islands Council’s energy recovery plant in Lerwick, Scotland. The upgrades aim to reduce emissions and enhance efficiency by improving waste processing capacity by 15%. The project involves the installation of patented technologies and is set for completion in fall 2021. B&W Renewable will also provide maintenance and performance optimization services. This contract underscores B&W's commitment to advancing renewable energy technologies in Europe.

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  • Contract valued at over $3 million to upgrade the energy recovery plant.
  • Improvements expected to increase waste processing capacity by 15%.
  • Upgrades involve patented B&W technologies aimed at reducing emissions.
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  • None.

AKRON, Ohio--()--Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Renewable segment has been awarded a contract to provide upgrades to Shetland Islands Council’s energy recovery plant in Lerwick, Scotland, to reduce emissions and increase efficiency.

Under the contract, which is valued at more than $3 million, B&W Renewable will design, supply and install new, patented water-cooled wear zones, a secondary air system, waste feed hopper and associated equipment, and provide a control system upgrade.

The equipment upgrades, which utilize proven, patented Babcock & Wilcox Vølund A/S technology, are intended to reduce emissions, while also boosting the plant’s municipal waste-processing capacity by 15 percent. The plant provides hot water to the local district heating company, Shetland Heat, Energy & Power Ltd., which supplies more than 1,200 local homes and businesses.

“B&W Renewable is proud to be a leading provider of equipment and services to the renewable energy plant fleet in Europe and throughout the world,” said B&W Chief Operating Officer Jimmy Morgan. “We look forward to executing this important project and appreciate the confidence Shetland Islands Council has shown in our clean energy technologies.”

B&W Renewable will also provide grate and boiler maintenance services, training, start-up support and performance optimization services for the energy recovery plant. The project is scheduled for completion and handover to the customer in the fall of 2021.

B&W Renewable’s waste-to-energy technologies are robust and effective energy options designed to reduce CO2 emissions and replace fossil fuels. Technologies offered include combustion systems, grates and stokers, waste fuel feeder systems, water-cooled wear zones, emissions control, flue gas treatment and more.

About B&W

Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc., is a global leader in energy and environmental technologies and services for the power and industrial markets. Follow us on LinkedIn and learn more at www.babcock.com.

About B&W Renewable

Babcock & Wilcox Renewable offers cost-effective technologies for efficient and environmentally sustainable power and heat generation, including waste-to-energy, biomass energy and black liquor systems for the pulp and paper industry. B&W Renewable’s leading technologies support a circular economy, diverting waste from landfills to use for power generation and replacing fossil fuels, while recovering metals and reducing emissions.

Forward-Looking Statements

B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the execution and completion of a contract to provide upgrades to Shetland Islands Council’s energy recovery plant in Lerwick, Scotland. These forward-looking statements are based on management’s current expectations and involve a number of risks and uncertainties. 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.

Contacts

Investor:
Megan Wilson
Vice President, Corporate Development & Investor Relations
Babcock & Wilcox
704.625.4944 | investors@babcock.com

Media:
Ryan Cornell
Public Relations
Babcock & Wilcox
330.860.1345 | rscornell@babcock.com

FAQ

What is the value of Babcock & Wilcox's contract for the Shetland Islands Council?

The contract is valued at over $3 million.

What improvements will be made to the energy recovery plant in Lerwick, Scotland?

Improvements include emission reductions and a 15% increase in waste processing capacity.

When is the completion date for the Babcock & Wilcox contract in Lerwick?

The project is scheduled for completion in fall 2021.

What technologies will Babcock & Wilcox use in the Lerwick upgrade?

The upgrades will utilize patented Babcock & Wilcox Vølund A/S technologies.

Babcock & Wilcox Enterprises, Inc.

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