Chevron announces its first solar-to-hydrogen production project in california's central valley

San ramon, calif.--(business wire)--chevron new energies, a division of chevron u.s.a. inc., announced it is developing a 5-megawatt hydrogen production project in california's central valley. the project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from chevron's existing assets at the lost hills oil field in kern county. this low carbon intensity (lci) electrolytic hydrogen will be produced through electrolysis, which is the process of usin.
CVX Ratings Summary
CVX Quant Ranking