Chevron New Energies
Overview
Chevron New Energies is a division of Chevron Corporation dedicated to advancing the energy transition by investing in renewable energy and low-carbon technologies. The division focuses on areas such as carbon capture and storage, hydrogen, geothermal energy, wind energy, solar energy, bioenergy, electric vehicles, energy storage, grid modernization, energy efficiency, smart grids, energy management, and sustainable infrastructure. Chevron New Energies aims to leverage Chevron's expertise and resources to accelerate the development and deployment of innovative solutions that support a lower-carbon future. The division's investment strategy encompasses early-stage ventures, late-stage growth opportunities, and pre-IPO investments, with a geographical focus on regions including the United States, Canada, the United Kingdom, Norway, Australia, Brazil, Indonesia, Nigeria, Angola, Kazakhstan, Azerbaijan, China, India, Japan, South Korea, Singapore, Malaysia, Thailand, Mexico, and Argentina. Chevron New Energies seeks to collaborate with partners and customers to understand and address complex, lower-carbon business opportunities, aiming to deliver reliable and cost-effective lower-carbon energy solutions that align with global energy transition goals. Through its investments and strategic initiatives, Chevron New Energies contributes to Chevron's broader commitment to providing affordable, reliable, and ever-cleaner energy to meet the world's growing energy needs while reducing carbon emissions.
Investment Focus
- Focus on renewable energy and low-carbon technologies
- Alignment with Chevron's sustainability goals
- Potential for scalability and global impact
- Strong management teams with proven track records
- Innovative solutions addressing energy transition challenges
- Clear path to commercialization and profitability
- Ability to leverage Chevron's existing infrastructure and expertise
- Commitment to environmental stewardship and social responsibility
- Compliance with relevant regulations and industry standards
- Potential for strategic partnerships and collaborations within the energy sector
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Chevron New Energies
What sectors does Chevron New Energies invest in?
Chevron New Energies invests in Renewable Energy, Sustainable Infrastructure, Low-Carbon Technologies, Electric Vehicles, Energy Efficiency and Energy Storage, and is based in California, United States. Chevron New Energies is listed as a corporate vc in the ConnectSafely investor database.
What stage does Chevron New Energies invest at?
Chevron New Energies backs companies at Early Stage, Growth, Late Stage and Pre-IPO, writing cheques of 1M - 50M.
Which regions does Chevron New Energies invest in?
Chevron New Energies invests across United States, United Kingdom, Canada, Japan, Australia and Singapore.
What companies has Chevron New Energies invested in?
Chevron New Energies's portfolio includes Carbon Clean Solutions, Twelve, Hyzon Motors and Storegga Geotechnologies.
Last updated · Source: ConnectSafely investor database
