Tag: Finance
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Warehouse fire delays Magtaa desalination by nine months
Completion of the 500,000 m³/d Magtaa desalination plant in western Algeria will be delayed by nine months after a fire destroyed the contractor’s onsite warehouse on 28 July 2011.
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GDF Suez looking to sell Al Hidd power/desalination stake
French energy group GDF Suez was reported by Reuters on 28 July 2011 to be planning to sell its 30% stake in Bahrain’s Al Hidd power and desalination plant and has mandated HSBC as an adviser.
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Santa Cruz desalination EIS goes on despite alternative study
City of Santa Cruz Council in California, USA, approved another US$ 300,000 payment on 2 August 2011 for consultant URS Corp Americas to continue its work on the environmental impact assessment for a 2.5 MGD (9,500 m³/d) desalination plant for the city.
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Four advanced water treatment projects get Reclamation funds
Four advanced water treatment and desalination projects in California and Texas have been awarded funding by the US Bureau of Reclamation.
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Perth desalination expansion to start immediately
The premier of Western Australia, Colin Barnett, announced on 1 August 2011 that work would begin immediately to double the capacity of the Southern Seawater Desalination Plant, the second major desalination plant in the Perth region.
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Grant for Texas pilot wind-powered desalination plant
The Texas Department of Rural Affairs (TDRA) has made a US$ 2.75 million grant to Mitchell County, Texas, towards a US$ 8 million pilot project to use wind power for a brackish-water desalination project.
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Desalination consortium to pass resources on to AMTA
The Affordable Desalination Consortium (ADC), which is wrapping up its program of work this year, is to transfer the resources left after its closure to the American Membrane Technology Association (AMTA).
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Saudi desalination barge company refinanced
The company which owns the two 50,000 m³/d barge-mounted desalination plants which have provided emergency water supply to Saudi Arabian cities in recent years announced on 13 July 2011 the successful closing of its SR 140 million (US$ 37 million) refinancing of commercial facilities.
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Ashdod desalination plant gets financial approval
Israel’s Ministerial Tender Committee for Desalination, under the Finance Ministry, announced on 7 July 2011 that it had accepted the proposal from national water company Mekorot to build the seawater desalination plant in Ashdod.
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New contracts end H2O Innovation’s year strongly
Canada’s H2O Innovation Inc is to supply membrane nanofiltration (NF) water supply systems to two municipalities in Canada and expand an existing system in a third, among contracts totaling Can$ 8 million (US$ 8.25 million) announced on 6 July 2011.