“Chevron is going to be a new entrant into the tax equity market in 2012,” says Ram Ambatipudi, director of large-scale renewables at Chevron Energy Solutions, a unit of Chevron USA. “We are looking for smaller deals in the 3-20MW range.”

He says the company will initially focus on solar projects, leveraging its experience in project development and engineering, procurement and construction to continue the“meaningful role” Chevron has played in the industry during the last several years.

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