Cadiz Ranch: Transforming into North America's Green Energy Powerhouse
Key Ideas
  • Anticipated annual revenue of $7-$10 million from lease agreements and water sales showcases the financial viability of the project.
  • The exclusive development option on 10,000+ acres for clean energy initiatives cements Cadiz Ranch as a key player in the green energy sector.
  • By expanding into renewable energy, Cadiz Ranch is poised to become a leading hub for clean energy and green hydrogen production in North America.
  • The project's strategic location provides access to essential resources like rail lines, water, and potential for future commercial expansion.
Cadiz, in partnership with UK-based Hoku Energy Limited, has embarked on a transformative journey to develop a significant clean energy campus at Cadiz Ranch in California's Mojave Desert. The Memorandum of Understanding grants Hoku Energy a three-year exclusive option to develop over 10,000 acres for green hydrogen production, renewable power generation, battery storage, and data centers. This collaboration, along with a previous agreement with RIC Energy, positions Cadiz Ranch to be a prominent player in the clean energy landscape. The projects are expected to generate substantial revenue of $7-$10 million annually from lease agreements and water sales. While expanding into the renewable energy sector, Cadiz Ranch also retains its existing operations, including agricultural activities and the Mojave Groundwater Bank development, while setting aside 400 acres for future commercial ventures. With its strategic location and access to key resources, such as rail lines and water sources, Cadiz Ranch is on track to become one of North America's largest hubs for clean energy production and green hydrogen innovation.
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