Archive

Daily Email

Events

 

 

 

About/Contact

Search

Chevron Selects Developer For 500 MW Of Renewable Generation At Its Properties, Includes Purchases Via PPAs

July 30, 2020

Email This Story
Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com

Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation, and Algonquin Power & Utilities Corp. ("Algonquin") announced an agreement seeking to co-develop renewable power projects that will provide electricity to strategic assets across Chevron's global portfolio.

Under the four-year agreement, Chevron plans to generate more than 500 megawatts (MW) of its existing and future electricity demand from renewable sources.

Initial renewable power projects are expected to be sited on Chevron land and construction is planned to start in 2021.

The projects will be focused on powering Chevron's operations in the U.S. Permian Basin (TX and NM), Argentina, Kazakhstan and Western Australia. Projects will be jointly owned and co-developed by both parties. Algonquin will lead the design, development and construction of the projects. Chevron will purchase electricity from the jointly owned projects through power purchase agreements.

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
NEW! -- Energy Systems Analyst -- Retail Supplier
NEW! -- Billing Specialist -- Retail Supplier  -- Texas
NEW! -- Director - Distributed Generation, Demand Response, & Market Participation -- Houston
NEW! -- Retail Energy Account Executive -- Houston
NEW! -- Business Development Manager

Email This Story

HOME

Copyright 2010-20 Energy Choice Matters.  If you wish to share this story, please email or post the website link; unauthorized copying, retransmission, or republication prohibited.

 

Archive

Daily Email

Events

 

 

 

About/Contact

Search