ORLANDO, Fla.–(BUSINESS WIRE)–Siemens announces that it will be the technology partner for Panda Power Funds’ “Hummel Station” – a new 1,124 megawatt natural-gas-fired combined cycle power plant (CCPP) to be built in Snyder County, Pennsylvania. Slated for operation in the first quarter of 2018, the facility will replace the retired Sunbury coal-fired plant. The new facility will supply power for more than one million households in large power markets, including Philadelphia and New York City. Hummel Station joins over 2.4 GW in the PJM Interconnection regional transmission organization, responsible for North America’s largest transmission grid, which serves 60 million people in 13 states and Washington, DC.
Siemens will supply the power island consisting of three SGT6-5000F gas turbines, one SST6-5000 steam turbine, three SGen6-1000A air cooled generators as part of the gas turbine package, one hydrogen cooled SGen6-2000H generator as part of the steam turbine package, three NEM DrumPlus HRSGs and the SPPA-T3000 control system for Panda Power Funds. The gas turbines, steam turbine and generators will be manufactured at the Siemens Charlotte Energy Hub, which is the main production facility for Siemens 60 Hz power generation.
“We are proud to continue our successful track record with Panda Power Funds with this modern, highly-efficient power plant. As America continues to turn to cleaner-burning, low-cost natural gas, we are pleased to deliver world-class power generation equipment to provide reliable and efficient energy to major power markets in the U.S.,” said Martin Tartibi, Senior Executive Vice President of Energy Solutions Americas at Siemens Power and Gas Division.
“This is the seventh project that Panda has chosen to use Siemens’ advanced technology for our power projects,” said Todd Carter, senior partner and president of Panda Power Funds. “We have a great relationship with Siemens and look forward to working with them on the Hummel Station project.”
Siemens Financial Services (SFS) is further supporting the project with a $125 million equity investment. SFS’ equity stake underscores its commitment to supporting key Siemens customers to help them realize energy efficient projects in the U.S. To date, SFS has made a total commitment of more than $400 million for Panda Power Funds’ energy-efficient power plants in the U.S.
“SFS is pleased to invest along with Panda in this modern energy project, which represents our seventh project with Panda. Our investment demonstrates Siemens’ strong commitment to advancing projects that deliver cleaner, more environmentally-friendly energy,” said Kirk Edelman, Head of Energy Finance at SFS.
Hummel Station is the seventh project in the U.S., and the third project in Pennsylvania, awarded by Panda Power Funds to Siemens. Once completed, these seven world-class power generation projects will generate a combined 5,800 megawatts of power, which is enough to power approximately 5 million homes. Like the nearby Patriot and Liberty plants, Hummel Station will harness local Marcellus gas.
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For further information on Division Financial Services, please see www.siemens.com/finance