Cadiz Inc. Signs MOU with Hoku Energy for Major Hydrogen-Solar Development at Cadiz Ranch

Reuters

06-20

<a href="https://laohu8.com/S/CDZIP">Cadiz Inc</a>. Signs MOU with Hoku Energy for Major Hydrogen-Solar Development at <a href="https://laohu8.com/S/CDZI">Cadiz</a> Ranch

Cadiz Inc. has announced a new Memorandum of Understanding (MOU) with UK-based Hoku Energy Limited to develop a clean energy campus at Cadiz Ranch in California's Mojave Desert. This marks the second land lease for clean energy development the company has secured within a year. The agreement includes the potential development of green hydrogen production facilities, large-scale renewable power generation, battery storage facilities, and integrated digital infrastructure on over 10,000 acres. The project aims to complement Cadiz's existing initiatives, including the Mojave Groundwater Bank and a green hydrogen facility with RIC Energy, positioning Cadiz Ranch as a significant clean energy and hydrogen production hub in North America. The MOU grants Hoku Energy a three-year exclusive option to develop the project, furthering Cadiz's commitment to sustainable land and water asset development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cadiz Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA14937) on June 20, 2025, and is solely responsible for the information contained therein.

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