The Group closed the 2023 fiscal year with an EBITDA of 101 million euros, an increase of 19% compared to 2022. The Profit before taxes exceeded 57 million euros in 2023, representing a growth rate of 22% over 2022. The Portfolio at the end of 2023 reached 8.873 million euros, representing a 9% growth compared...
Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, and SOCAR, the State Oil Company of the Azerbaijan Republic, announce the signing of a groundbreaking Cooperation Agreement aimed at accelerating the development of renewable energy projects in Azerbaijan. The initial Cooperation Agreement, signed on...
Dubai Electricity and Water Authority (DEWA)’s investment in the latest systems and innovative solutions in the water sector has contributed to saving 5,620 million gallons of water, which is equal to AED 225 million, from 2013 until the end of 2023. DEWA relies on innovation, research, disruptive technologies, and the latest tools for anticipating the...
Energy Recovery, Inc. (Nasdaq: ERII) has been named “Refrigeration Product of the Year” at the 2024 ACR News Awards in London. The ACR News Awards recognizes innovation and performance in the HVAC&R industry, with the “Refrigeration Product of the Year” award targeted at products that support refrigeration systems across various types of applications. The PX...
Saudi-listed ACWA Power, the world’s largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, signed an agreement to partner with the International Renewable Energy Agency (IRENA), the lead global intergovernmental agency for energy transformation, to drive the worldwide transition to renewable energy sources. The agreement will provide...
Toray Industries, Inc. has recently launched the Toray UF Rack, a new addition to the Toray UF product line. The Toray UF Rack still has the unique membrane fiber characteristics, such as high permeability, low fouling, and high mechanical strength. It is pre-engineered and standardized for Toray UF modules and offers the following features: ✓...
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and ENGIE Factory, the startup studio of ENGIE Group, a French multinational utility company, are joining forces to invest in a venture aimed at bridging the financing gap in conservation projects through the use of carbon credits. “Sustainability is part of our four high-conviction themes...
Oranjestad, Aruba – Water-En Energiebedrijf Aruba (“WEB”) and Seven Seas Water Group (“SSWG”), a multinational provider of Water-as-a-Service® (WaaS®) solutions, jointly announced today the signing of a 10-year Build-Own-Operate-Transfer (BOOT) Agreement. Seven Seas Water (Aruba) VBA will construct a new seawater reverse osmosis (“SWRO”) plant, contributing a total of a minimum of 16,500 cubic meters...
EDISON, N.J.— CDM Smith is pleased to announce that Felipe S. Contreras, PE, CME, CFM has joined the firm as an associate and senior project manager. Contreras is a drinking water treatment and distribution expert with 25 years of experience. With expertise in integrated water resources management, he specializes in the design and construction management...
Comprehensive portfolio of over 300 proprietary chemical formulations with on-site expertise and world-class service enhances efficiency and sustainability while maximizing cost savings Gradiant, a global solutions provider for advanced water and wastewater treatment, announced today the launch of CURE Chemicals. Continuing Gradiant’s track record of innovation and commercialization, CURE Chemicals will set new benchmarks in...
