Private equity firm Panda Power Funds has commenced commercial operation of the 778MW natural gas-fuelled Stonewall generation plant in Loudoun County, Virginia.
Constructed by a consortium comprising Siemens Energy and Bechtel, the energy project has been completed ahead of schedule and under budget. It has also exceeded performance guarantees for both energy output and efficiency.
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Installed with 1.4 million linear feet of electrical cable, the natural gas-fuelled facility uses 113,161ft of pipe and 890t of steel. It is capable of generating enough energy to meet the requirements of up to 778,000 households in the Northern Virginia / District of Columbia metropolitan area.
As part of the consortium, Siemens delivered a complete power island package, including natural gas turbines, steam turbines, generators, heat recovery steam generators, instrumentation, and control systems.
Bechtel was responsible for the engineering and procurement for the balance of plant, as well as development and commissioning of the power generation facility.
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Panda Power Funds' chief executive officer (CEO) and senior partner Todd Carter said: “Panda Stonewall is one of the newest, cleanest, and most efficient natural gas-fuelled power plants in the US.
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By GlobalData“Entering commercial operations represents the ultimate success of Panda’s, Bechtel’s and Siemens’ three year collaboration on Stonewall."
Located approximately four miles southeast of Leesburg, the plant is expected to contribute approximately $7.1bn to the state economy during construction and the first ten years of operation. It currently has 27 full-time employees to oversee operations and maintenance.
Equipped with advanced emissions-control technology, the power plant helps minimise impacts to the local community.
Image: The 778-megawatt Panda Stonewall generating station. Photo: courtesy of Business Wire.
