Chevron Energy Solutions Completes First Phase of North America's Largest Solar Power...

Chevron Energy Solutions Completes First Phase of North America's Largest Solar Power Project in Higher Education

3.2-megawatt Solar System and Energy Efficiency Improvements
Expected to Save Contra Costa Community College District $70 Million
and Cut Greenhouse Gas Emissions
SAN PABLO, Calif.--(Business Wire)--Chevron Energy Solutions, a unit of Chevron Corporation
(NYSE:CVX), and the Contra Costa Community College District (CCCCD)
today announced the completion of the first phase of the largest solar
power installation ever constructed for an institution of higher
learning in North America. The project is the highlight of a
multi-facility energy efficiency and solar program that is expected to
save CCCCD more than $70 million over 25 years.

The state-of-the-art energy infrastructure upgrades -- designed,
engineered and constructed by Chevron Energy Solutions -- make CCCCD's
three college campuses and District Office more energy efficient,
reliable and environmentally friendly as well as easier to manage. At
the same time, the improvements are reducing the District's energy
costs and its exposure to utility price volatility.

The program includes three types of improvements:

1. a 3.2-megawatt solar power generation system comprising
photovoltaic panels mounted on 34 parking canopies in six parking lots
at Contra Costa College, Diablo Valley College and Los Medanos College
(the project's first phase, at 2.65 megawatts, is completed; the final
phase will add 534 kilowatts in 2008);

2. high-efficiency lighting and energy management systems
installed at CCCCD's three colleges and District Office, as well as
high-efficiency heating, ventilation and air-conditioning equipment at
CCCCD's District Office; and

3. high-voltage electrical system replacements installed at Diablo
Valley College and Los Medanos College.

"This project has shown that energy efficiency and renewable power
together can bring substantial benefits for education and the
environment," said Jim Davis, president of Chevron Energy Solutions.
"We're delighted to partner with the District on a project that's
raised the bar in sustainable energy development."

The solar installation is expected to generate about four million
kilowatt-hours of power each year, supplying up to half of CCCCD's
peak electricity needs. This renewable power will offset the
production of about 5.6 million pounds of carbon dioxide emissions
annually - equivalent to removing 629 cars from the road or planting
636 acres of trees.

The project was celebrated today at an event attended by elected
and college officials, students, faculty and staff, energy industry
representatives and members of the community.

"Chevron's environmental leadership and work with the Contra Costa
Community College District solar project is a shining example of how
businesses can work with colleges to adapt and become a major player
in the fight against global warming," said California Lieutenant
Governor John Garamendi. "Thinking green can no longer be a choice
when looking toward the future. Smart businesses and colleges are
looking over the horizon, building partnerships, and understand that
the risks and opportunity associated with this critical issue must be
part of their overall plan to grow and to be successful in the
future."

"The installation of solar panels and efficiency improvements at
our three colleges underscores the District's commitment to improving
the environment," said Contra Costa Community College District
Chancellor Helen Benjamin. "We are proud to set this new standard in
environmental stewardship in our academic community."

The improvements are providing the following additional benefits:

-- more conducive learning, teaching, and workplace environments;

-- electrical equipment that functions more reliably as a result
of new electrical infrastructure;

-- reduced grid power purchases of 7.4 million kilowatt-hours per
year, enough to power about 1,200 homes;

-- shaded daytime parking and improved parking lot lighting at
night;

-- solar information kiosks that provide real-time data on the
production, conversion and electricity output at each campus;
and

-- better operations through energy management system controls
and real-time monitoring of energy production and consumption.

The $35.2 million project cost is being offset by about $8.5
million in rebates and other incentives administered by Pacific Gas
and Electric Company under the State of California's Solar Initiative,
Self-Generation Incentive Program and Community College Partnership
Program. The net amount of $26.7 million, supported by Measure A bond
funds, will be recovered over time by the annual cost savings achieved
as a result of the new systems.

About Contra Costa Community College District

The Contra Costa Community College District, founded in 1948 and
governed by a publicly elected five-member board, is one of the
largest multi-college community college districts in California. The
mission of the District is to transform and enhance the lives of
students, and through them, the communities served. The District has
three colleges (Contra Costa, Diablo Valley, and Los Medanos) and
three centers (San Ramon, Brentwood and Walnut Creek). More than
58,000 students attend the District's colleges and centers each year,
many of whom pursue certificate programs, associate degrees, transfer
opportunities and lifelong learning.

The colleges are accredited by the Accrediting Commission for
Community and Junior Colleges of the Western Association of Schools
and Colleges, and the District is a member of the American Association
of Community Colleges (AACC). Fingertip Facts about the District and
links to the colleges are posted at the following URL:
http://www.4cd.net/FingertipFacts.pdf.

About Chevron Energy Solutions

Chevron Energy Solutions designs and constructs facility projects,
including infrastructure and renewable power systems, that increase
energy efficiency, reduce energy costs, and ensure reliable power for
public institutions and businesses. Since 2000, Chevron Energy
Solutions has developed more than 800 projects involving energy
efficiency or renewable power for education, government 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.
Chevron spent approximately $2 billion on developing these
technologies between 2002 and 2006, and expects to spend more than
$2.5 billion in this area between 2007 and 2009. For more information,
visit www.chevron.com.

Chevron Energy Solutions
Diane Padurean, 415-733-4629
or
Contra Costa Community College District
Suzanne Fox, 925-229-1000 ext. 1292

Copyright Business Wire 2008