Tag: Finance
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Groundbreaking follows Singapore II desalination finance deal
A day after Hyflux Ltd announced that it had secured financing for the second Singapore seawater desalination plant, a groundbreaking ceremony took place on 5 July 2011 at the International Water Week linked by video to the site.
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Israeli wastewater-electricity startup uses microbial fuel cell
An Israeli startup company producing wastewater-to-electricity technology has received investment from GE and other major global players in its latest funding round, announced on 28 June 2011.
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Samoa first to draw from Japanese solar/desalination fund
Samoa on 17 June 2011 became the first country to access a Japanese fund set up for solar power generation and seawater desalination or a combination of both.
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Spanish water investment to hit € 1.2 billion this year
Desalination and water reuse projects are likely to be among the new water infrastructure projects worth € 700 million due to be tendered by Spain’s Ministry for Environment & Rural & Marine Affairs (MARM) in the second half of 2011.
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MWD move will not affect Carlsbad desalination, says Poseidon
Poseidon Resources on 16 June 2011 denied reports that the current standoff in Southern California between the Metropolitan Water District (MWD) and the San Diego County Water Authority (SDCWA) will affect the Carlsbad Desalination Project.
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Ovivo to be ‘selective’ about desalination projects
Releasing its fourth quarter financial results on 9 June 2011, Canadian water/pulp and paper group GLV Inc reported progress in its Ovivo water treatment group, formed when the company took over Christ Water Technology AG in 2009, but expressed reservations about its desalination operations.
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More federal money sought for Chino Desalters
Western Municipal Water District (WMWD) in California, USA, is to seek additional federal money later this financial year for the Chino Desalters Phase 3 expansion.
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Coquina coast desalination funding dries up
The Coquina Coast Seawater Desalination Project in Florida, USA, would appear to be dead in the water after it became apparent at a meeting on 8 June 2011 that two of the three remaining agency partners in the project would not be funding the next stage.
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Oil company invests US$ 2.5 million in Saltworks desalination
Canadian oil company Cenovus Energy Inc is investing Can$ 2.5 million (US$ 2.56 million) in Vancouver-based desalination startup company Saltworks Technologies Inc.
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Bids for Hassyan IPW project expected by October
Bids have been invited from a shortlist of 18 developers for the Hassyan I Independent Power & Water Project in Dubai, which will include a 120 MGD (454,000 m³/d) seawater desalination plant.