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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 Panda Hummel generating station will be fueled with Marcellus Shale gas, which is expected to provide the project with a significant operating cost advantage.

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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

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The US Department of Energy (DOE) announced more than $30 million in federal funding, matched by more than $35 million in private sector funds, for 68 projects that will accelerate the commercialization of promising energy technologies—ranging from clean energy and advanced manufacturing, to building efficiency and next-generation materials.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

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billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Charlotte, NC Aiken, SC. Expansion of manufacturing for existing electric drive power electronics components for both passenger and commercial vehicles. Technology.

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