With at least 285 days of sun per year, a reliable water source, and proximity to an approved energy transmission corridor, our property in Cadiz, California is an advantageous location for solar energy production. In addition, generating solar power at our 55 square-mile Cadiz Valley property could reduce the need to put such operations on public, undisturbed land and minimize potential impacts to the desert ecology and endangered species, impacts that are presented by siting solar facilities on public land. That is why we are exploring opportunities to be a part of the southern Californian solar power solution.
The State of California and the U.S. government have both called for increased renewable energy production in order to meet our future energy needs and to reduce both greenhouse gas emissions and our reliance on foreign oil. In fact, California has mandated that 33% of the state’s electricity be acquired from renewable energy sources by 2020 and, along with environmental organizations, has been encouraging solar energy development specifically on private, disturbed land. Moreover, proposed legislation to protect additional federal lands in the Mojave Desert is shifting focus away from using federal land for solar power development.
We believe that we can ease the demand for federal, undisturbed lands by providing solar development opportunities on our private land, which offers existing roads, housing, and other infrastructure. Depending on various factors, we could make up to 20,000 unused acres at our Cadiz Valley property available for solar energy development.