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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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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

Green Car Congress

Cool Planet has devised a biomass-to-liquids thermochemical conversion process that simultaneously produces liquid fuels and sequesterable biochar useful as a soil amendment. One of the catalytic conversion processes creates the high-octane gasoline blendstock. Earlier post.). Earlier post.).

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

Green Car Congress

other fleets; create vehicle conversion inspection criteria; and train and. the use of alternative fuels; and coordinating standards for fuel quality. alternative fuel vehicle conversions, equipment safety, and fueling. The Unlocking Private Sector Financing for Alternative Fuel Vehicles and. North Carolina State.

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