Chevron, Iwatani to build 30 hydrogen refuelling stations in California
The partnership will advance the entire hydrogen transportation value chain from production to consumer purchase.
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Chevron USA Inc. and Iwatani Corporation of America (ICA) announced an agreement to co-develop and construct 30 hydrogen fuelling sites in California by 2026.
Chevron plans to fund the construction of the sites, which are expected to be located at Chevron-branded retail locations across the state. The stations will initially fuel light-duty vehicles while retaining the flexibility to service heavy-duty vehicles over the long term.
Iwatani will operate and maintain the hydrogen fuelling sites and provide hydrogen supply and transportation logistics services.
Chevron plans to supply a portion of the fuelling sites with excess hydrogen production capacity at its Richmond Refinery and future hydrogen production from pilot projects in Northern California.
Together, Chevron and Iwatani will establish robust, vertically integrated supply and infrastructure ecosystems in California and is a model that can be replicated to other markets. The partnership will advance the entire hydrogen transportation value chain from production to consumer purchase. It will also help customers lower their lifecycle transportation carbon intensities.
Andy Walz, president of Americas Fuels & Lubricants for Chevron, said, “Chevron believes that hydrogen has the potential to assist in lowering the carbon emissions of the transportation sector and other hard-to-decarbonise industries.”
Joseph Cappello, Chairman and CEO of Iwatani Corporation of America, added, “This extensive collaboration between Iwatani and Chevron demonstrates our shared vision and commitment to supporting the decarbonisation of transportation.”