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Babcock & Wilcox Selects Siemens Energy to Supply Steam Turbine Generator Sets for Massive Applied Digital Data Center Power Project

LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.

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Constellation Completes Acquisition of Calpine

LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.

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Industry News

Ukraine Struggling to Complete Nukes

LCG, May 1, 2002-Ukraine is waiting for international assistance to close the Chernobyl plant and built replacement generation.

On Monday, the Parliamentary Assembly of the Council of Europe asked Western nations to implement the 1995 agreement to provide funding in order that Ukraine decommission the Chernobyl station and build two new reactors.

Chernobyl was shut down permanently in 2000 and the reactor was encased in a sarcophagus, which is reportedly suffering from sizeable gaps. Experts worry about radiation leaks, and Ukraine has been waiting for assistance to complete disassembly.

Two western Ukraine reactors, at Rivne and Khmelnitsky, also lay unfinished, as the European Bank of Reconstruction and Development postpones a dlrs 215 million loan.

Ukraine's government has asserted it requires dlrs 1.5 billion, while Russian specialists have said between dlrs 500 and 600 million. However, no money has been given as yet.

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