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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 Panda Hummel power plant will utilize existing infrastructure at the site for the electrical interconnection, water intake and storm water runoff systems.

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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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Cool Planet has devised a biomass-to-liquids thermochemical conversion process that simultaneously produces liquid fuels and sequesterable biochar useful as a soil amendment. The output from each catalytic array when cooled is comprised of volatile gases, renewable fuel and water. Earlier post.). Depending on the temperature (300 ?C

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Panda Power Funds jointly to develop 1,000 MW coal to natural gas conversion project; Marcellus Shale gas

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Panda Power Funds has entered into a joint venture with Sunbury Generation LP to develop, finance, construct and operate a 1,000 megawatt natural gas-fueled, combined-cycle power project near Shamokin Dam in Snyder County, Pennsylvania. The project has also received its water use and land development permits.

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. This project will demonstrate the conversion of gaseous carbon wood wastes (terpenes) to renewable Terpenes SAF blending components.

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Pinto Energy to build 2,800 bpd small-scale GTL plant in Ashtabula; Velocys microchannel technology

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Pinto recently filed the project’s air and water permits, and is in discussions with regional economic authorities for further local support. Pinto has secured funds to complete the engineering, permitting and all other upfront work; construction financing is scheduled to close in the first quarter of 2014.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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To achieve this first objective, DOE intends to pursue parallel strategies: Advance options for diverse energy resources and conversion devices for power. Leverage increased private sector financing for deployment of “all of the above” energy technologies. Contribute to international efforts to address global climate change.

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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. And we want to get up 10 commercial demonstration projects, get those up and running by 2016. Earlier post.) Regulatory compliance – EPA and USDA.

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