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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.

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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.

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DOE to award $11M to 20 new Clean Cities projects for alt fuel cars and trucks

Green Car Congress

the use of alternative fuels; and coordinating standards for fuel quality. The Unlocking Private Sector Financing for Alternative Fuel Vehicles and. North Carolina State. University, North. Carolina Solar Center. The Alternative Fuel Implementation Team (AFIT) for North Carolina project.

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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. 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.).

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Ford CEO: Ford to focus on 5 key areas of innovation: mobility, autonomy, connectivity, customer experience and performance

Green Car Congress

In addition to using racetracks around the world, the team will develop new vehicles and technologies at Ford’s engineering centers globally and at the new technical center in Charlotte, North Carolina. The Ford Performance organization is led by Dave Pericak, who has been appointed director, Global Ford Performance.

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FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

EV Adoption

The car will be a “sporty sedan” that will set “new standards” in range and charging, as well as pioneer a new business model that charges customers to activate software-based features, VW said in a press release. ” – March 7, Business Insider via Yahoo Finance. – March 2, via TechCrunch.

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