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Chevron's Chevron New Energies division unveils a 5-megawatt solar-to-hydrogen project in California's Central Valley, targeting low carbon intensity hydrogen production through solar power and electrolysis. The venture's progression hinges on legislative backing and various development stages.
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How might Chevron's venture impact the adoption of renewable energy technologies in the region?
In what ways could this initiative influence other large energy corporations to invest in clean energy projects?
What challenges could arise during the multi-year development process of this hydrogen production project?
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