Tag: Finance
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GHD leads Sydney water recycling consortium
A consortium led by engineering consultants GHD has been selected by the City of Sydney, Australia, to develop a decentralised water masterplan for the Local Government Area (LGA), which would include Australia’s first city-wide recycled water network and significantly reduce demands on drinking water supplies.
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Membrane projects get Acqueau approval label
Two water membrane projects are among seven Acqueau water-cluster proposals accepted by Eureka, the European research and development funding and coordination organization, for the award of its approval label.
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NanoH2O appoints Markovich as CFO
California-based desalination membrane manufacturer NanoH2O Inc announced on 12 January 2011 the appointment of semiconductor and cleantech veteran John Markovich as chief financial officer.
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Ratepayer group challenges Monterey desalination approval
California’s Division of Ratepayer Advocates (DRA) has appealed against the approval of the Coastal Water Project on the Monterey peninsula, stating that the state Public Utilities Commission (CPUC) surrendered its oversight responsibilities to the promoters of the project, which includes a seawater desalination plant.
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Further funding for San Antonio BWRO desalination project
Initial project construction for the brackish groundwater desalination program planned by San Antonio Water System (SAWS) in the USA will now be possible following a US$ 24.6 million loan from the Texas Water Development Board (TWDB).
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Desalination investment ‘to double in six years’
Desalination capital investment will double within six years, according to a report from cleantech market intelligence firm Pike Research, announced on 20 December 2010.
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US reclamation bureau seeks water reuse proposals
Funding for development of feasibility studies for water reclamation and reuse projects within the 17 western US states and Hawaii has been made available by the US Bureau of Reclamation.
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Israeli water venture-capital firm signs up with GE
A strategic collaboration to help commercialize innovative water technologies was agreed on 1 December 2010 by Kinrot Ventures, an Israeli venture capital company specializing in forming and growing water companies, and multisectoral giant GE.
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Ceramic nanofiltration company gets big investor
ItN Nanovation AG, a start-up company in Saarbrucken, Germany, making nanofiltration ceramic products for the water industry, announced on 9 December 2010 a framework investment agreement with the US investment fund YA Global Master SPV Ltd, part of the Yorkville Group.
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Japanese funds sought for Cape Verde desalination plant
Cape Verde is reported to be looking to Japan for funding for a 40,000 m³/d desalination plant on the island of Santiago.