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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

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Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The turbines for the Hummel generating station will be manufactured at Siemens’ manufacturing facility in Charlotte, North Carolina.

Coal 150
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Velocys establishes strategic alliance with TRI for gasification systems for BTL plants

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TRI’s multi-feedstock demonstration plant in Durham, North Carolina has run for more than 10,000 hours, and has successfully shown that the syngas it produces is well-suited to the FT process and upgrading to ASTM-certified fuels. Earlier post.)

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Infineon buys Wolfspeed Power for $850M cash; power semiconductors for electromobility

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Wolfspeed is based in Research Triangle Park, North Carolina, USA, and has been a part of Cree for almost three decades. The business to be acquired by Infineon has generated pro-forma revenues of US$173 million in the twelve months ending 27 March 2016.

Power 150
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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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Construction of the initial plant is expected to be completed by the end of 2015 with commercial operations beginning in early 2016. USDA’s loan commitment to Cool Planet is being financed from the remainder of the Biorefinery Assistance Program funds authorized in the 2008 Farm Bill. Earlier post.).