Welcome to Thermal, a California town that’s both a playground for the rich and home to some of the hottest farmland in the world. This divide is known as the climate gap, and it’s only widening. Watch the full documentary here: https://propub.li/unlivableoasis | ProPublica
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A $2.2 billion solar thermal power plant in California was shut down after years of underperformance, with critics stating it “never lived up to its promises.” Designed to provide clean energy using mirrors and heat towers, the plant struggled with efficiency and maintenance costs. Despite heavy investment, the project produced less power than expected and became financially unsustainable—highlighting the risks of large-scale experimental energy projects. Important Details: • Cost over $2.2 bill
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Controlled Thermal Resources develops integrated lithium extraction and renewable power plants in Southern California. CFO Eric Thayer tells us where he's seen investment choke points in building this emerging battery supply chain and how he thinks the Inflation Reduction Act will help. #NYSEFloorTalk | #renewableenergy | New York Stock Exchange
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