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.
Oil and gas major Chevron has pulled out of plans to acquire an equity interest in ACES Delta, the 300GWh green hydrogen energy storage project in Utah, it confirmed to Energy-Storage.news.
Construction is set to begin in Australia on a grid-scale power generation and long-duration energy storage project combining solar power and thermal energy storage, after the company behind the project said this morning that funding has been secured.