Mitsubishi Power Americas Inc. welcomes a new strategic partner to the Advanced Clean Energy Storage project in Delta Utah. Chevron U.S.A. Inc. through its Chevron New Energies division recently closed a transaction to acquire a majority interest in ACES Delta LLC ACES Delta which is developing the project.
Oil and gas major Chevron has performed a U-turn and invested in ACES Delta in Utah, US, one of the largest green hydrogen projects in the world, citing a "change of circumstances" when asked by Energy-Storage.news.
Chevron will have controlling interest in ACES Delta, which will initially convert more than 220 MW of renewable energy into 100 metric tonnes per day of green hydrogen that will be stored in two gigantic 4.5-MMbbl salt caverns.
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