Remove 2016 Remove Financing Remove North Carolina Remove Standards
article thumbnail

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

Green Car Congress

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 Term Loan B debt received an initial credit rating of BB- and a “1” recovery rating by Standard & Poor’s.

Coal 150
article thumbnail

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

Green Car Congress

Wolfspeed is based in Research Triangle Park, North Carolina, USA, and has been a part of Cree for almost three decades. Next-generation cellular infrastructure standards such as 5G and beyond will use frequencies up to 80 gigahertz. Both technologies are crucial for next generation cellular infrastructure standards.

Power 150
article thumbnail

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

Green Car Congress

Fuel produced from the pilot plant has been fleet-tested in a blend formulation in several standard configuration automobiles. Construction of the initial plant is expected to be completed by the end of 2015 with commercial operations beginning in early 2016. The Cool Planet process is widely tunable in the produced biochar/fuel ratio.