Chevron, Cummins sign MoU to explore hydrogen business opportunities

Chevron and Cummins revealed a new memorandum of understanding (MoU) today (July 15) to develop commercially viable business opportunities for hydrogen in a new strategic alliance.

The MoU provides the framework for Chevron and Cummins to initially collaborate on four main objectives.

This includes advancing public policy that promotes hydrogen as a decarbonising solution for transportation and industry in addition to building market demand for commercial vehicles and industrial applications powered by hydrogen.

Along with this, the companies will develop infrastructure to support the use of hydrogen for industry and fuel cell vehicles, and explore opportunities to leverage Cummins’ electrolyser and fuel cell technologies at one or more Chevron domestic refineries.

Read more here.