The Babcock & Wilcox Company (B&W) and Bechtel today jointly announced they have entered into a formal alliance to design, license and deploy the world’s first commercially viable Generation III++ small modular nuclear power plant. Based on B&W’s mPower™ small modular reactor (SMR) technology, this new alliance of American companies, the Generation mPower alliance, brings together two recognized and established energy industry leaders in engineering, manufacturing and construction. Read the news release.