Panda Power Funds and Siemens today dedicated the Panda Sherman Power
Project in Sherman, Texas - just a few weeks after the dedication of
Panda Temple I. This is now the second Flex-Plant in commercial
operation in Texas. Siemens supplied the natural-gas-fired Combined
Cycle Power Plant (CCPP) in consortium with its partner, Bechtel. Like
its sister plant in Temple, the plant is a Siemens Flex-Plant
configuration, with a gross installed electrical capacity of 758
megawatts (MW) that will be able to supply the power needs of
approximately 758,000 homes in the Central and North Texas regions.
Siemens secured a long-term service agreement for the plant’s main
generation components, and Siemens Financial Services (SFS) helped
finance the project with a $35 million term loan to partially fund
construction. In this way, Siemens provided both highly efficient
technology and complementary financing support to Panda Power Funds in
order to support the completion of this project.
Flex-Plant CCPPs offer high efficiency and operational flexibility,
providing the right solution for any duty service. Innovative design
features are incorporated to enable fast start, and fast ramping up and
down across a large operating window from low plant turn-down to high
plant output with Carbon Monoxide (CO) emissions less than 10
parts-per-million (ppm), and Nitrogen Oxide (NOx) emissions less than
2.0 ppm.
Siemens provided for Panda’s Sherman Plant the thermodynamic cycle
design and Power Island engineering, and also delivered two SGT6-5000F
gas turbines, one SST6-5000 steam turbine, two SGen6-1000A generators,
one SGen6-2000H generator, the SPPA-T3000 instrumentation and control
system as well as two Benson heavy duct-fired heat recovery steam
generators (manufactured by NEM USA Corp) and other key cycle components.
Bechtel provided project management, engineering, procurement,
construction, and led the commissioning of the facility. The gas
turbines for this project are equipped with Siemens’ Shaping Power™, a
feature which enables higher power output on higher temperature days.
“We are proud to have delivered this plant within schedule by working
hand in hand with our partners Panda Power Funds and Bechtel. This
second modern Flex-Plant in Texas marks a new power generation milestone
in Texas, and is another footstep towards cleaner power generation,”
said Martin Tartibi, Senior Executive Vice President at Siemens Energy
Solutions Americas. “The Panda Sherman plant is the fourth Flex-Plant in
commercial operation in the United States.”
“We chose Siemens and Bechtel because they offer the best generation
technology and construction experience in the industry,” said Todd
Carter, president and senior partner of Panda Power Funds. “Working
together, they have provided us with the right asset, at the right time,
with the right technology to meet the demands of the Texas electricity
market.”
“The expertise and collaboration of the team, including consortium
partner Siemens, enabled us to bring the plant online ahead of schedule
while maintaining the highest safety and quality standards,” said Mary
McLaughlin, president of Bechtel’s thermal power business line. “The
team’s commitment to safely delivering the project as quickly as
possible was evidenced by its ability to build the facility without any
lost-time accidents.”
The gas turbines, steam turbines and generators were manufactured at the
Siemens North American manufacturing hub in Charlotte, North Carolina.
In 2012, Siemens received the first two orders from Panda Power Funds
for the turnkey supply of the Panda Temple Power Project in Temple,
Texas, as well as the Panda Sherman Power Project in Sherman, Texas. In
2013 three more orders followed – the turnkey supply in consortium with
Bechtel of Panda Temple II, two integrated power islands with H-class
technology for the Liberty CCPP, and for the Patriot CCPP, both located
in Pennsylvania. On Monday, it was announced that Siemens, in consortium
with Bechtel, had been awarded the order for the supply of Panda's
Stonewall Energy Project in Leesburg, Virginia.
For broadcast quality footage please see http://inr.synapticdigital.com/Siemens/pandasherman
For further information on Division Power and Gas, please see www.siemens.com/about/en/businesses/power-and-gas.htm
For further information on Division Financial Services, please see www.siemens.com/finance
Siemens Corporation is a U.S. subsidiary of Siemens AG, a global
technology powerhouse that has stood for engineering excellence,
innovation, quality, reliability and internationality for more than 165
years. With 343,000 employees in more than 200 countries, Siemens
reported worldwide revenue of approximately $98 billion in fiscal 2014.
Siemens in the USA reported revenue of $22.2 billion, including $5.2
billion in exports, and employs approximately 46,000 people throughout
all 50 states and Puerto Rico.
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