Mitsubishi Power Americas, Inc. welcomes a new strategic partner to the Advanced Clean Energy Storage project in Delta, Utah. Chevron U.S.A. Inc., through its Chevron New Energies division, recently closed a transaction to acquire a majority interest in ACES Delta, LLC (ACES Delta) which is developing the project. ACES Delta is a joint venture between Mitsubishi Power and Magnum Development, now a wholly-owned subsidiary of Chevron.

The addition of Chevron to ACES Delta underscores the potential the project brings to the advancement of lower carbon intensity solutions, specifically in the areas of hydrogen production, storage, and utilization. ACES Delta will leverage Chevron’s experience in the fuels business, alongside Mitsubishi Power’s clean energy technology solutions and services. The goal is to further advance decarbonization efforts, facilitate growth in demand for hydrogen, and develop future opportunities for commercially viable alternatives in the transportation, power, and industrial sectors.

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