Chevron earns California tax credits using solar power to pump oil

Since April, solar panels have been powering oil pumps at Chevron’s Lost Hills 7,981 barrel-a-day oil field, according to the company. The 29-megawatt site, owned and operated by San Jose-based SunPower Corp., is designed to provide the field with 80% of its electricity, equal to taking more than 4,000 cars off the road. More »