ChevronTexaco, ECD Team on Solar Technologies

December 20, 2001 by Jeff Shepard

ChevronTexaco Corp. (San Francisco, CA) announced that its energy services subsidiary, Chevron Energy Solutions LP (Chevron ES), is collaborating with Energy Conversion Devices Inc. (ECD, Troy, MI) to broaden the commercial application of flexible solar-electric roofing materials and high-performance NiMH batteries, as well as hydrogen storage systems and fuel cell technologies.

Under a series of teaming agreements, Chevron ES and ECD will work with Bekaert ECD Solar Systems LLC, and ChevronTexaco Ovonic Battery Systems LLC, on commercial sales projects involving integrated energy solutions that cost-effectively incorporate these technologies. Project offerings will be comprehensive, encompassing product design, installation, financing, operations and system maintenance, with an objective of building long-term customer relationships.

Chevron ES and ChevronTexaco Ovonic Battery Systems will work to commercialize new stationary applications, focusing on emergency back-up and remote power systems. ChevronTexaco Ovonic Battery Systems is also working to expand the production of NiMH batteries for use in electric and hybrid-electric vehicles, including 36V/42V systems.

"This collaboration is a prime example of ChevronTexaco's commitment to develop clean, efficient, environmentally benign energy sources," said Jim Davis, president of Chevron Energy Solutions. "In the coming decade, we expect that solar energy and hydrogen - both abundant in nature - will play a more significant role in the world economy. The projects we undertake with ECD are a major step toward that future."