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

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

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Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. Automakers have responded to the challenging regulations and standards put before us. —Jörg Sommer.

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Didi Chuxing sets up JV with China EV maker BAIC-BJEV; next-gen connected car systems; Transportation Brain

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Didi Chuxing, the world’s leading one-stop transportation platform, announced a new joint venture with Beijing Electric Vehicle Co., DiDi started partnership programs with automakers and fleet operators in 2016, and launched the DiDi Auto Alliance, an industry-chain partnership network in April 2018. an affiliate of BAIC.

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Study concludes California economic growth and employment will rise with the degree and scope of transport fuel efficiency standards

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The macro results for four scenarios showed that economic growth and employment rise with the degree and scope of transport fuel efficiency standards. changes are relative to baseline of No standards scenario. that statewide economic growth and employment rise with the degree and scope of transport fuel efficiency standards.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

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The American Power Act, released as a discussion draft, targets reducing greenhouse gas (GHG) emissions by at least 4.75% compared to 2005 levels by 2013; by at least 17% compared to 2005 levels by 2020; by at least 42% compared to 2005 levels by 2030; and by at least 83% compared to 2005 levels by 2050. Natural Gas.

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Toyota introduces second-generation Mirai fuel cell electric vehicle as design and technology flagship

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For 2021, Toyota has fully rebooted the Mirai, originally offered in 2016, as a premium rear-wheel drive sports-luxury fuel cell electric vehicle (FCEV) with striking design, cutting-edge technology, more engaging driving performance and a significantly longer EPA-estimated range rating.

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SAE technical experts: fuel cell technology has advanced significantly, FC vehicle production has begun, further cost reductions & infrastructure development required

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The panel, moderated by Jesse Schneider, BMW, included Takashi Moriya, Senior Chief Engineer at Honda R&D; Dr. Will James, Manager, Safety, Codes, and Standards at the US Department of Energy (DOE); and Dr. Ralph Clague, Head of Motive Systems and Architecture, Intelligent Energy. Earlier post.). Earlier post.).

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