Remove 2016 Remove Financing Remove Gas Remove Supplies
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. While the new power station will supply 180% more power than the coal plant it replaces, SO 2 and NO x emissions will be reduced by more than 90%.

Coal 150
article thumbnail

Aemetis RNG production exceeds plan by 20% during Q2 2023

Green Car Congress

Aemetis, a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, announced that its Aemetis Biogas subsidiary is operating the Central Dairy Project production facilities 24 hours per day, seven days per week, and has exceeded the RNG production plan by approximately 20% during Q2 2023.

article thumbnail

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

Green Car Congress

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. An engineering, procurement and construction contractor has not yet been selected.

Coal 150
article thumbnail

Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

Green Car Congress

Düsseldorf, Germany-base E.ON, one of the world’s largest investor-owned power and gas companies, is adopting a new strategic direction under which is will split itself in two. Alongside it we’re going to create a solid, independent company that will safeguard security of supply for the transformation. SE shareholders. —E.ON

Powered 244
article thumbnail

Siemens invests in Electrify America, the largest public charger in the US

Setec Powerr

Recently, Volkswagen announced that its charging station subsidiary Electrify America has completed its first round of financing, with Siemens leading the investment and Volkswagen following. billion US dollars, or about 16.4 billion yuan, making it a new energy unicorn. More charging piles, wider coverage.

America 98
article thumbnail

California cap-and-trade spending doubles to $1.4 billion in 2018; xEV rebates, affordable housing, wildfire prevention, public transit

Green Car Congress

An annual ' tracking the progress of California Climate Investments, released by the California Air Resources Board and the California Department of Finance, finds that nearly $1.4 In 2016, Assembly Bill 1550 replaced and expanded those minimums to include low-income communities and low-income households.

2018 304
article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. Russia supplied about 30 percent (146.6

Russia 150