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Babcock & Wilcox and Cache Power Corp. Announce Initial Grant for Energy Storage and Carbon Capture Project Using BrightLoop™ Technology in Canada
Businesswire· 2025-10-28 10:30
Core Insights - B&W will conduct an engineering study for Cache Power's Marguerite Lake Compressed Air Energy Storage and Hydrogen Hub Project located near Alberta, Canada [1] Company Summary - B&W is involved in the engineering study for a significant energy storage and hydrogen project, indicating its commitment to renewable energy solutions [1] Industry Summary - The project focuses on compressed air energy storage and hydrogen production, which are critical components in the transition to sustainable energy systems [1]