The company would prefer pay dividends to shareholders than invest in wind and solar power projects, which produce minimal financial returns.
Browsing: Chevron
The collaboration’s purpose is to prove hydrogen’s viability and performance as an economically viable alternative to existing fuels for long-distance rail and marine vessels.
Raven SR Inc., a renewable fuels company, announced last week that it has received a $20 million investment from Chevron
Chevron USA, through its Chevron Products Company division, and Cummins announced the signing of a memorandum of understanding (MOU) to explore the possibility of forming a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources.
Chevron and Toyota want to collaborate on three key strategic priorities: understanding current and future market demand for light-duty and heavy-duty fuel cell electric vehicles
