American company will build a solar farm for Chevron

Sunpower Corp, a US-based solar company, has begun construction of the solar power plant for the Chevron oil company. It is reported by Sunnik.

The 35 MW solar power plant will be equipped with Performance Series solar panels.

Under a 20-year power purchase agreement, all of the electricity produced by the solar station will be supplied to power Chevron's Lost Hills Oil Field in Kern, California.

It is estimated that over 1.4 billion kWh of clean solar electricity will be produced over 20 years, which will reduce carbon dioxide emissions by about 1 million tons.

The Lost Hills Oil Field was discovered in 1910. Over the past 40 years, more than 460 million barrels of oil have been produced here. It is expected that the project, whose completion is planned for early 2020, will provide 80% of the electricity to the production and processing capacities and offices of the field.

It was previously reported that the largest mine in Chile was switching to the use of solar and wind resources. Escondida mine is in the process of transitioning from gas to 100% renewable electricity.

Tags: contracts, oil, renewable energy, hydrocarbon production, tariffs, solar energy, legislation, electricity, Top management, USA, oil production, feed-in tariff, drilling, Oil refinery plant

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