Siemens and Panda Power Funds have successfully commissioned Panda Liberty Power Project, a 829MW natural gas-fueled power plant.
The project is located in Bradford County, Pennsylvania. Leveraging Marcellus Shale gas, Liberty is the first of two new Panda Power Funds generating stations to be commissioned in Pennsylvania this year, with the Patriot Power Project in Clinton Township set to be dedicated in November.
Siemens will be responsible for the advanced power generation technology, financing, and long-term servicing for the Liberty and Patriot projects. Electricity generated will be able to power approximately two million households in large regional power markets, including Pennsylvania.
Siemens' power and gas energy solutions Americas senior executive vice-president Martin Tartibi said: “The commissioning of this highly-efficient power plant marks another milestone in our successful relationship with Panda Power Funds. This project demonstrates the full spectrum of Siemens’ portfolio, from our leading edge H-class technology, to financing, to service and maintenance.
“As America continues to turn to cleaner-burning natural gas, we are proud that our world-class power generation technology can provide affordable, efficient and reliable power to about one million households, using the latest, most advanced emissions-control technology.”
The single shaft plant blocks include two SGT6-8000H gas turbines, two SST6-5000 steam turbines, two hydrogen-cooled SGen6-2000H generators, and two heat recovery steam generators, as well as the control system SPPA-T3000.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSiemens' financial services has provided financial support for the Liberty power project construction through a $50m term loan.
Panda Power Funds' chief executive officer Todd Carter said: “Designed to harness gas from the Marcellus Shale, this state of the art power plant represents the next chapter in Pennsylvania’s energy renaissance.
“Working with Siemens over the last several years has proven they ‘walk the talk’ with their customer service and technological innovation, helping to bring online a world-class power asset in the Keystone State. We are very pleased to reach another important milestone in our collaboration with Siemens.”