What's Up Poseidon?
- Operation of the facility to occur for a minimum of 30 years
- Electricity purchased from SCE off the grid for construction & operation will be 100% carbon neutral
- The parties acknowledge that they share the goal of developing a cost-competitive 100% renewable energy project
- Poseidon shall provide the resources and financial assurances to complete the investigation of a 100% renewable energy product
- Both parties will enter into a non-disclosure agreement
- It is mutually agreed upon by both parties that the MOU does not obligate either party to enter into an agreement or customer relationship