Environmental Stewardship: A Commitment to Clean Energy Development
Panda Power Funds is committed to a clean energy future. That’s why the founders of Panda Energy (the predecessor company to Panda Power Funds) chose the Panda Bear — an icon of the environmental movement — as the firm’s namesake. The company’s commitment to the environment is not a newfound conviction. The Panda name was chosen in 1982, long before environmental stewardship became a popular issue.
More importantly, the Panda team’s clean energy commitment extends beyond just “words on paper.” In 2005, a Panda affiliate was named one of the 10 most eco-friendly energy companies in the United States.
In 2010, Panda Power Fund’s CEO, Bob Carter, was a recipient of the “T. Boone Pickens’ Lifetime Sportsman Award” presented by Park Cities Quail for his efforts in helping to bring back the endangered Bobwhite Quail population in West Texas. The 2012 Award recipient was Ted Turner.
In October of 2011, Panda built the 20-megawatt Pilesgrove, New Jersey Solar Farm, one of the largest photovoltaic (PV) solar facilities in the Northeast United States.
Today, Panda Power Funds continues its tradition of safeguarding our nation’s natural resources by employing state-of-the-art environmental controls in its power facilities. The power generating facilities we build support clean air and conserve precious water resources. Our plant specifications call for the use of effluent (used) rather than potable (drinkable) water.