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Chevron to Build 500MW of Renewables to Power Oil and Gas Facilities — and It’s Considering More
GreenTech Media: Chevron announced it will build 500 megawatts of renewable energy plants to power some of its global facilities, in what amounts to a sizable scaling up of clean energy for an oil giant with comparatively few big investments in renewables to date.
Chevron will work with Canada’s Algonquin Power & Utilities, a growing global renewables developer, to build the plants over the next four years in the Permian Basin of Texas and New Mexico, as well as Argentina, Kazakhstan and Western Australia. The initial projects will be sited on Chevron-owned land, with construction to begin in 2021.
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