Remove Building 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. to build the Hummel facility on a turn-key basis.

Coal 150
article thumbnail

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. recommendations for uniform fire and building codes for alternative. Oklahoma, will recommend building codes to accommodate alternative. fueling stations; create a guide for building compressed natural gas and. North Carolina State.

Cleaning 308
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. 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.).

article thumbnail

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

Green Car Congress

We are going to build on that those provide the building blocks for full autonomy down the road. Focus RS, which builds on a pedigree of driving excellence dating to the first Ford RS in 1968, was last introduced in 2009. We are going to help enable that with our next generation sync system. Customer experience. Data analytics.

Ford 268
article thumbnail

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

EV Adoption

This past week was a whirlwind of EV news and developments from FedEx’s plans to electrify its fleet by 2040, VW saying it expects 50% of its US sales to be from EVs, to GM’s likely plans to build a second battery factory with LG Chem, and much more … Automaker/EV Models. VW expects half of U.S. Batteries and Charging.

GM 52