IHI Concludes Collaboration Agreement with Two Subsidiaries of U.S. Babcock Power Inc. for Low-Carbon Fuel Conversion of Power Generation Boilers

AI Summary (NQ-processed)

IHI has signed a collaboration agreement with Babcock Power Services Inc. and Riley Power Inc. (collectively 'BPS'), subsidiaries of U.S. Babcock Power Inc., regarding low-carbon fuel conversion for power generation boilers. This agreement aims to combine the technologies and expertise of both companies to propose conversion projects to customers worldwide, including for ammonia fuel. IHI has a proven track record in ammonia utilization, including a successful large-scale demonstration at JERA Hekinan Thermal Power Station and a burner conversion at Labuan Thermal Power Station in Indonesia.