Cadiz: RIC Energy to Build Hydrogen Project at Cadiz Ranch

Dow Jones

Oct 24, 2024

By Josh Beckerman

Water-services company Cadiz will supply land and water to RIC Energy for a project that would provide hydrogen for zero-emission trucks, cars and electric generation.

The plans call for an off-grid green hydrogen-production facility utilizing photovoltaic solar for its power supply on up to 3,000 acres of the Cadiz Ranch, the companies said Wednesday.

Cadiz owns about 46,000 acres of land in the Mojave Desert. The watershed underlying its Cadiz Ranch property holds 17 million to 34 million acre-feet of groundwater in storage. The company has called its Northern Pipeline plan the first known project converting a fossil-fuel pipeline to transport water.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

October 23, 2024 14:05 ET (18:05 GMT)

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The watershed underlying its Cadiz Ranch property holds 17 million to 34 million acre-feet of groundwater in storage. 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The watershed underlying its Cadiz Ranch property holds 17 million to 34 million acre-feet of groundwater in storage. The company has called its Northern Pipeline plan the first known project converting a fossil-fuel pipeline to transport water. \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 23, 2024 14:05 ET (18:05 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}