SAN FRANCISCO, March 3 /PRNewswire/ -- Chevron Energy Solutions, a unit of Chevron Corporation (NYSE: CVX), was named by Fast Company magazine as one of "The World's 50 Most Innovative Companies." The company also ranked in the top five on the magazine's list of "Most Innovative Clean Energy Companies."
"We are honored to be recognized on Fast Company's Top 50 List," said Jim Davis, President of Chevron Energy Solutions. "It helps raise awareness of our work to bring energy efficiency and renewable power to government, education and business facilities."
Fast Company selected and ranked the 50 companies in its February 2009 issue based on examples of success and strength, including character and finances. (See http://www.fastcompany.com/fast50_09) According to the magazine, the companies illustrate the power and potential of innovative ideas and creative execution and are the kinds of enterprises that will redefine the future and point the way to a better tomorrow.
Chevron Energy Solutions was recognized for the company's innovative approach, which is to help schools, government buildings and other large facilities lower their energy costs and carbon footprint through energy-efficient technologies and renewable power systems. Since 2000, Chevron Energy Solutions has developed hundreds of projects across the country and become the largest installer of solar power for education institutions in North America. The company's projects have saved customers an average of 30 percent in energy costs and more than $1 billion to date.
About Chevron Energy Solutions
Chevron Energy Solutions designs and builds sustainable energy projects that increase energy efficiency and renewable power, reduce energy costs, and ensure reliable, high-quality energy for government, education and business facilities. Since 2000, Chevron Energy Solutions has developed hundreds of projects involving energy efficiency and renewable energy for government, education, and business customers in the United States. Its parent, Chevron Corporation, is investing across the energy spectrum to develop energy sources for future generations by expanding the capabilities of alternative and renewable energy technologies.
Contact: Juliet Don, Chevron Energy Solutions, 415.733.4673
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