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Stock impact report

California's newest solar project isn't powering homes. It's powering your water [Los Angeles Times (CA)]

Tejon Ranch Co (TRC) 
US:NYSE Investor Relations: ir.tejonranch.com
The 105-megawatt Pastoria Solar Project is the largest renewable energy project ever contracted by the California Department of Water Resources. The pumping plant is one of the largest single electricity users in the state, which aims to fully decarbonize by 2035. KERN COUNTY, Calif. — At the bottom of the San Joaquin Valley, a low-slung Midcentury building tucked into the green-gold hillside is the beating heart of California's impressive water delivery system. For more than five decades, the Edmonston Pumping Plant has lifted water nearly 2,000 feet up the towering Tehachapi Mountains, connecting water from Northern California to 27 million people in the southern part of the state. The plant houses 14 rumbling pumps in two football-field sized wings and is one of the most powerful water lifting systems in the world. But it can need upward of 800 megawatts of electricity to run, making it among the largest single power users in the state. Now the equation is changing. On a r Show less Read more
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