Governor tom Corbett joined Panda Power to break ground Tuesday on an 829-megawatt natural-gas fueled power plant in Lycoming County.
It will power up to one million homes and contribute an estimated $5.85 billion to the local economy within the first 10 years of operation.
The plant, deliberately sited in the heart of the Marcellus Shale, is expected to create 500 construction jobs, 27 permanent positions, and 45 indirect jobs in the local community.
"By harnessing what is truly our world class energy resources here in Pennsylvania, and working with the energy companies who do want to locate (here), we are reviving and reinvigorating communities all across Pennsylvania," said Governor Corbett.
The facility will be one of the cleanest natural gas-fueled power plants in the nation.
It is expected to be fully operational in 2016.