228 articles in Israel
Predictions of a megadrought in Israel may force a re-think of the pace at which the Water Authority procures new desalination infrastructure.
An arbitration process has put the seal on a two-year dispute following a failed contract in the Caribbean country. The company’s investment plans are now turning towards domestic needs.
Private equity investors CLSA and Kleiner Perkins have announced a $13 million funding round for Chinese membrane manufacturer and systems integrator Scinor Water.
A rise in the number of water technology start-ups has not been matched by a corresponding uptick in venture capital investment in the sector. The new wave of hopefuls will have to adapt if they are to reach commercialisation.
The European Investment Bank has launched a tender to find a technical advisor to the Palestinian Water Authority on a 55 million m3/yr (150,000m3/d) SWRO plant in Gaza.
NanoH2O has won a contract to supply reverse osmosis membranes for the 110,000m3/d Palmachim expansion in Israel.
The Saudi government has taken a 19.4% equity stake in Riyadh-based power and water project developer ACWA Power. It subscribed for 89.5 million new primary shares through the Sanabil Direct Investment Company (13.72%), which is owned by the Public Investment Fund, and the Saudi Public Pension Agency (5.71%).
Hutchison Water’s purchase of Kinrot Ventures will provide valuable support for early-stage water technologies. Time to market is still a critical issue.
The Israeli government is set to sign off on a series of sites for an additional 2.7 million m3/d of capacity by 2050.
The potential merger between Israel Chemicals and Potash Corp. has put the Israeli desalter’s future ownership in further doubt.