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Chevron Announces Renewable Energy Investments

22 March 2010 53,891 views 13 Comments

Oil Giant to Invest in Solar & Related Renewable Energy Projects-

Chevron, the company which refuses to clean its toxic waste in Ecuador due to a “release” from the Ecuadorian government in 1998, has announced a new solar investment that will power pipelines and pumps at its Kern River oil field. According to Reuters, the conglomerate will install 7,700 solar panels which are anticipated to generate roughly 740 kilowatts of renewable electricity. Chevron is using the eight acre facility, dubbed Project Brightfield, to test several sizes of panels and types of technology from seven different companies. Japan-based Sharp Corporation is reportedly producing an archetype to test the performance of individual panels to establish which will best serve the multitudinous Chevron sites around the globe. The company said it intends to invest over $2 billion in renewable energy and related technologies over the next three years. Chevron recently announced that it will design, build, operate and maintain a 3.7 MW solar project for a San Jose, California school district.

Image (left), courtesy of TheOilDrum.com, showcases the Kern County, California site – “Project Brightfield” – in which the solar panels will be tested.

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