Tag: Finance
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Key Issues for Seawater Desalination in California: Cost and Financing
The Pacific Institute published a controversial paper, Desalination, With A Grain Of Salt, in June 2006, assessing seawater desalination in California. Report author Heather Cooley updated her work in an article in Desalination & Water Reuse(August/September 2007), while Nikolay Voutchkov, then associated with the Carlsbad project, wrote a response to the report in D&WR (November/December…
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Funding coming for new Indian desalination
The chief minister of the southern India state of Tamil Nadu, Jayaram Jayalaitha, announced on 10 April 2013 that the state government plans to build two more 100,000 m³/d desalination plants in drought-hit Ramanathapuram and Tuticorin districts at a cost of over US$ 147 million.
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Alamagordo completes first stage of RO project
The City of Alamagordo in New Mexico, USA, announced on 26 March 2013 that it had completed Phase 1 of its Westside Infrastructure Improvements Project, which will eventually include a 6 MGD (22,700 m³/d) desalination plant.
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Florida city breaks ground on brackish RO project
The Florida city of Tarpon Springs broke ground on 25 March 2013 on a 5 MGD (19,000 m³/d) reverse-osmosis Alternative Water Supply Project.
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China names seawater desalination project sites
China’s National Development and Reform Commission (NDRC), the country’s top economic planner, announced on 15 March 2013 the first batch of regions and companies selected to carry out seawater desalination projects.
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Australian wave-energy desalination pilot to get funding
Australia’s Carnegie Wave Energy announced on 28 February 2013 that it had received a government grant of Aus$ 1.27 million (US$ 1.30 million) to support a wave-powered seawater desalination demonstration project.
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Arizona RO plant opens solar-energy system
A 459 kW photovoltaic (PV) solar power system has been completed at the Reverse Osmosis Water Treatment Facility for the Town of Gila Bend, Arizona, by Solon Corporation, the company announced on 13 February 2013.
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Modern Water gets £ 9.5 million from share issue
UK forward-osmosis (FO) and monitoring specialist Modern Water plc announced on 12 February 2013 that it had raised, subject to certain conditions, £ 10.0 million (approximately £ 9.5 million net of expenses) by way of a placing of 20,000,000 new ordinary shares with both new and existing institutional shareholders at a price of £0.50 per ordinary share.
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Huntingdon Beach desalination water cost estimated
Poseidon Resources estimates the cost of drinking water produced at its proposed 189,000 m³/d Huntington Beach facility in southern California to be US$ 1,424/acre-ft (US$ 1.15/m³) in January 2013 dollars.
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Qingdao desalination plant starts commercial operation
Spanish company Abengoa has begun commercial operations at the 100,000 m³/d desalination plant in Qingdao in Shandong province, the second largest commercial port in northern China.