Tag: Finance
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IDA president calls for environmental consideration
The historical symbiotic relationship between money, water and environment is now out of balance, the president of the International Desalination Association (IDA) told a conference in Zurich on 27 April 2009.
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Bay agencies band together for water reuse funding
Water reuse, particularly for irrigation, is getting major attention in the San Francisco Bay area of California, USA. Municipalities and water districts are banding together to obtain federal funding.
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Water-reuse funding may be used to counter drought
The US Secretary of the Interior Ken Salazar on 26 February 2009 called on the Bureau of Reclamation to explore ways in which funds recently appropriated to Reclamation under the American Recovery & Reinvestment Act for water reuse and other water projects might be used to help stretch California’s water supplies in the coming months.
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Hyflux bucks recession with 79% profits jump
Hyflux, the Singapore-based water treatment and desalination company, reported record earnings for the financial year ending December 2008.
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Obama government allocates US$ 126 million for water recycling
The new US government led by President Obama is to provide US$ 126 million for water recycling projects, alongside US$ 6 billion for state potable water programmes and many other water funding resources.
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World faces water bankruptcy, says Davros report
The world is on edge of water bankruptcy in many places “with no way of paying the debt back.” That is the conclusion of a report published as a result of the World Economic Forum meeting at Davros at the end of January 2009, which warns that “the consequences for regional economic and political stability…
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Adelaide to get Aus$ 62 million water reuse project
The federal Australian government and South Australia (SA) state will invest Aus$ 62.6 million (US$ 41.3 million) in a project to supply 1.6 million m³/year of treated wastewater to new housing developments in the southern suburbs of Adelaide, where a large desalination contract is also due to be let in March 2009.
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Aquatech gets new Ex-Im Bank support
Desalination and water-reuse system manufacturer Aquatech International of Canonsburg, USA, has been given a US$ 37 million renewal of its loan facility from the US Export-Import Bank.
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California looks to make desalination easier
Six recommendations to facilitate desalination in California are contained in the draft update to the California Water Plan, which was published online at the end of January 2009.
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Mekorot looking for Ashdod investors
Private investors are being sought by the Israeli national water company Mekorot to take a 40% stake in the planned 274,000 m³/d Ashdod desalination plant, for which it has just been given full responsibility by the Israeli government.