Tag: Finance
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Mexico seeks investment for Ensenada desalination plant
Mexico is looking for funding to build a desalination plant in Ensenada, Baja California, to supply drinking water to 96,000 people.
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Victoria state announces Melbourne water costs
The government of the Australian state of Victoria announced on 26 November 2009 that delivering the Melbourne Desalination Project as a public-private partnership will save Melbourne water users almost Aus$ 1 billion (US$ 915 million) or 14% of the total cost, compared with construction by the state.
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Soreq desalination tenders said to have low water price
The three consortia bidding for the Soreq desalination project in Israel have submitted bids of less than NIS 2.50 (US$ 0.66) per m³ of fresh water, according to a report from the Globes financial news source.
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Hyflux and JBIC in collaboration agreement
Singapore water treatment and desalination firm Hyflux has entered into an agreement with the Japan Bank for International Cooperation for global collaboration on water projects.
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Funding for Melbourne desalination tied up, says report
Despite previous pessimistic media speculation, it appears that the consortium building the Melbourne desalination plant have been offered more funding than they actually need for the project, avoiding the need for any public money.
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US Ex-Im Bank claims first ECA carbon policy
The US Export-Import Bank is claiming to be the first export credit agency (ECA) to adopt a comprehensive carbon policy after announcing on 3 November 2009 a new policy to guide its support of US exports in light of climate change concerns.
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Poseidon disputes FWW Carlsbad finance figures
Poseidon Resources described as “erroneous information” figures in a press release issued on 30 October 2009 by consumer group Food & Water Watch (FWW) related to finance for the Carlsbad desalination project.
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IDA-GWI conference to be held in Paris in 2010
The annual conference held jointly by the International Desalination Association and Global Water Intelligence is to be held next year in Paris on 26-27 April 2010.
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Texas state funding wind-powered desalination pilots
The Texas Department of Rural Affairs (TDRA) is offering US$ 1.5 million to smaller local governments in the US state for brackish-water desalination demonstration projects using wind energy. Deadline for applications for the 2010 Desalination Fund is 29 January 2010.
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Ras Azzour could cost 25% less says SWCC
Saudi Arabia expects the cost of the Ras Azzour power and water desalination project to be 20-25% below initial estimates partly because the price of materials have fallen, according to Reuters.