West Virginia Invests $10 Million in BrightLoop™ Hydrogen Project
Key Ideas
- West Virginia to provide $10 million for Babcock & Wilcox BrightLoop™ hydrogen and carbon capture project in Mason County.
- Project aims to create low-carbon hydrogen using innovative technology powered by coal and biomass, creating high-paying local jobs.
- State partnership requires completion by 2030, generating economic impact and job growth in the energy industry.
- Babcock & Wilcox's BrightLoop technology offers efficient hydrogen production and carbon capture, contributing to energy transition.
Babcock & Wilcox Enterprises, Inc. announced a funding agreement with West Virginia for the development of a BrightLoop™ hydrogen production and carbon capture facility in Mason County. The $10 million investment aims to create a low-carbon hydrogen production facility using innovative BrightLoop technology powered by coal and biomass. This partnership underscores West Virginia's role as an innovation and energy solutions hub, with Governor Jim Justice highlighting the project's job creation potential and economic benefits. The agreement requires B&W to complete the project by 2030, resulting in high-paying local jobs and additional opportunities for skilled laborers. The BrightLoop technology, utilizing proprietary iron-oxide particles, offers efficient hydrogen production and carbon capture, positioning West Virginia for economic growth in the energy sector and supporting the state's transition to cleaner energy sources.