Developer

Panda Power Funds

www.pandafunds.com

Total capacity of implemented projects

10 - 50 MW

Countries of projects presence

1

Panda Power Funds is a privately held company based in the United States that specializes in the development, construction, and operation of renewable energy projects. The company was founded in 2010 by Robert Carter and Todd Carter, two brothers with extensive experience in the energy industry. Panda Power Funds has quickly become a leading developer of renewable energy projects in the United States, with a particular focus on biomass and solar energy.

Biomass & Waste

One of Panda Power Funds' primary areas of focus is the development of biomass and waste-to-energy projects. Biomass is a renewable energy source derived from organic materials such as wood, crops, and waste products. Panda Power Funds has developed several biomass projects across the United States, including the Temple Biomass Power Plant in Temple, Texas. This 50-megawatt facility uses wood waste from local sawmills and forestry operations to generate electricity for approximately 40,000 homes.

In addition to biomass, Panda Power Funds has also developed several waste-to-energy projects. These projects use municipal solid waste (MSW) as a fuel source to generate electricity. One example is the Panda Liberty Power Project in Pennsylvania, which uses MSW from the surrounding area to generate 20 megawatts of electricity. This project is expected to divert approximately 400,000 tons of waste from landfills each year and generate enough electricity to power approximately 15,000 homes.

Panda Power Funds' biomass and waste-to-energy projects provide several benefits to the communities in which they are located. These projects create jobs and stimulate local economies, while also providing a reliable source of renewable energy. Additionally, these projects help to reduce greenhouse gas emissions and divert waste from landfills, which can help to reduce the environmental impact of these materials.

Solar

In addition to biomass and waste-to-energy projects, Panda Power Funds has also developed several solar energy projects across the United States. Solar energy is a renewable energy source that uses photovoltaic (PV) panels to convert sunlight into electricity. Panda Power Funds has developed several utility-scale solar projects, including the 20-megawatt Pilesgrove Solar Project in New Jersey and the 10-megawatt Bell County Solar Project in Texas.

Panda Power Funds' solar projects provide several benefits to the communities in which they are located. These projects create jobs and stimulate local economies, while also providing a reliable source of renewable energy. Additionally, these projects help to reduce greenhouse gas emissions and promote energy independence.

Panda Power Funds' Approach to Renewable Energy Development

Panda Power Funds takes a comprehensive approach to renewable energy development, with a focus on developing projects that are both economically viable and environmentally sustainable. The company's approach to renewable energy development includes the following key elements:

1. Site Selection: Panda Power Funds carefully selects project sites based on a variety of factors, including access to renewable energy resources, proximity to existing transmission infrastructure, and local support for renewable energy development.

2. Technology Selection: Panda Power Funds evaluates a variety of renewable energy technologies to determine the most appropriate technology for each project. The company considers factors such as project size, resource availability, and local regulations when selecting technology.

3. Project Financing: Panda Power Funds works with a variety of financing partners to secure the necessary capital to develop renewable energy projects. The company utilizes a variety of financing structures, including project finance, tax equity, and debt financing.

4. Project Development: Panda Power Funds manages all aspects of project development, including site acquisition, permitting, engineering, procurement, and construction. The company works closely with local stakeholders to ensure that projects are developed in a manner that is sensitive to local environmental and social concerns.

5. Operations and Maintenance: Panda Power Funds operates and maintains all of its renewable energy projects to ensure that they operate at peak performance and generate maximum returns for investors.

Panda Power Funds' commitment to renewable energy development has earned the company several awards and recognitions. In 2017, the company was named "Renewable Energy Developer of the Year" by Power Finance & Risk magazine. Additionally, Panda Power Funds has been recognized by the American Wind Energy Association and the Solar Energy Industries Association for its contributions to the renewable energy industry.

Conclusion

Panda Power Funds is a leading developer of renewable energy projects in the United States, with a focus on biomass and solar energy. The company's comprehensive approach to renewable energy development has enabled it to successfully develop and operate several renewable energy projects across the country. Panda Power Funds' commitment to renewable energy development has earned the company several awards and recognitions, and the company is well-positioned to continue its growth and success in the renewable energy industry.