Tag: Finance
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California approves bond issue for Carlsbad desalination
Poseidon Resources has submitted and had approved an application for US$ 780 million in tax-exempt bonds for the Carlsbad seawater desalination project.
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Adelaide desalination consortium fined by SA Water
SA Water has imposed financial penalties on the builder of the 100,000 m³/d Adelaide seawater desalination in South Australia for failing to deliver water on time.
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Djibouti ‘planning desalination plant with EU aid’
The government of Djibouti in east Africa is planning to build a 45,000 m³/d desalination plant with European Union (EU) finance, according to a report in Gulf News on 4 December 2011.
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Lessees sought for Sydney desalination plant
The government of the Australian state of New South Wales (NSW) has called for registrations of interest (ROIs) for the long-term lease of Sydney’s three-year-old 250,000 m³/d desalination plant.
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Koreans purchase Spanish desalination company
Spanish desalination and water treatment company Inima OHL Medio Ambiente has been bought by GS Engineering & Construction, a South Korean company based in Seoul.
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Grants and scholarship announced by MEDRC
Two grants have recently been made to the Middle East Desalination Research Center (MEDRC), which has also just announced the award of a scholarship to a student from the Islamic University of Gaza.
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Consolidated seeks to sell Mexican desalination stake
Caribbean-based Consolidated Water Co is looking to sell its 50% stake in the 100 MGD (378,500 m³/d) Rosarito desalination project in Baja California, Mexico.
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US government seeks water-reuse projects for funding
The US government’s Bureau of Reclamation on 7 November 2011 invited requests for cost-shared funding for water reclamation and reuse projects under the WaterSmart Title XVI program.
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Desalination “too expensive” as Pacific island solution
A UN aid coordinator for the Pacific region said on 2 November 2011 that desalination was probably not a future solution for drought prevention in island groups like Tuvalu and Tokelau.
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Beijing desalination project ‘aims at 3 million m³/d’
The residents of Beijing, China’s capital, could be drinking desalinated seawater within five years, and the source could become a main supply in efforts to deal with the water shortage.