Cadiz Inc.'s Ambitious Plan for a Clean Energy Campus in Mojave Desert
Key Ideas
  • Cadiz Inc. partners with Hoku Energy Ltd. to develop a clean energy campus in the Mojave Desert, focusing on solar generation and hydrogen production.
  • The agreement grants Hoku Energy an exclusive option to develop the project on over 10,000 acres at Cadiz Ranch.
  • This initiative follows a previous agreement with RIC Energy Group for a 'green hydrogen' facility, showcasing Cadiz's commitment to renewable energy development.
  • Despite challenges like lack of major transmission lines, Cadiz expects significant revenue from lease and water sales, highlighting a positive outlook for the project.
Cadiz Inc., a water infrastructure company based in downtown, is pursuing an ambitious plan to monetize its Mojave Desert holdings by partnering with Hoku Energy Ltd. to develop a clean energy campus. The focus of this project will be on solar generation and hydrogen production using renewable energy sources. The agreement also includes provisions for low-carbon power generation, large-scale battery storage facilities, and the development of a data center on the Cadiz Ranch, which sits atop an aquifer east of Twentynine Palms. This partnership with Hoku Energy follows a previous agreement with RIC Energy Group for the development of a 'green hydrogen' facility, emphasizing Cadiz's dedication to renewable energy initiatives. Although challenges such as the distance from major transmission lines exist, Cadiz's CEO Susan Kennedy remains optimistic about the project, which could potentially generate $7 million annually in lease and water sale revenue. Kennedy believes that the collaboration with Hoku Energy is a pivotal step in Cadiz's long-term land use strategy, aligning with their goal of fostering sustainable energy and water infrastructure development in California and the Southwest.
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