Generation mPower - a partnership between Babcock & Wilcox and Bechtel - has signed a letter of intent with the Tennessee Valley Authority (TVA) which defines the project plans for constructing up to six small modular reactors at a site in Tennessee.

Babcock & Wilcox (B&W) has received a $5 million grant for its new test facility in Bedford County, Virginia, to support licensing activities for its mPower small, modular reactor design.

Babcock & Wilcox (B&W) and Bechtel have entered into a formal alliance to design, license and deploy B&W's mPower reactor design. B&W announced plans for the 125 MWe modular nuclear power reactor in June 2009.