B&W subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has signed a memorandum of understanding with Toshiba Corporation (to cooperatively explore strategic, manufacturing, research and other opportunities in advanced supercritical power generation and solar energy technologies around the world. The memorandum outlines a framework under which B&W PGG and Toshiba can pursue technical collaboration on next generation thermal and solar technologies and explore cooperation on project opportunities in Asia, India and other emerging markets. For example, Toshiba is currently building a steam turbine and generator factory in India, and B&W PGG, through a joint venture, recently began construction on a boiler manufacturing plant near Pune, India. The companies intend to examine joint developments to leverage these unique capabilities and resources to supply the needs of customers in India and elsewhere. This posting is courtesy of Industeel, a supplier of steel for boilers and other nuclear power plant components www.babcock.com.
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