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Chevron's Strategic Move: Secures Principal Stake in Utah's ACES Delta Hydrogen Venture

Chevron has acquired Magnum Development, LLC, thereby securing a pivotal stake in the Advanced Clean Energy Storage endeavor based in Utah. This acquisition positions Chevron at the forefront of ACES Delta, LLC, an initiative concentrated on hydrogen energy storage, with a projection to commence operations by mid-2025. Tracing back to September 2021, Chevron inked a framework ....

United States , Magnum Development , Us Department Of Energy , Dominion Energy Southeast Hydrogen , Clean Energy Storage , Advanced Clean Energy Storage , Haddington Ventures , Dominion Energy , Southeast Hydrogen ,