+44 207 394 30 90 (London)

Fluence puts $8.4 million into Peru project

Main » News » Fluence puts $8.4 million into Peru…

Fluence is investing $8.4 million in a seawater desalination plant in Peru to provide process water to industrial clients.

The company has signed a 10-year water purchase agreement (WPA) with an industrial customer that will generate $1.7 million in yearly revenue. The contract is for 1.1 million cubes of industrial-grade water a year.

The initial plant installation will comprise five Nirobox SW-XL smart packaged units and is expected to be operational by end of Q2 2019. The WPA is based on the initial plant investment and capacity.

Fluence expects to expand the facility to 10 Nirobox SW-XL units in the future and is in talks with additional customers. The project could generate up to $5 million in annual revenues at full capacity, the company said.

Fluence secured rights to design, build and operate the plant in a water scarce industrial region about halfway down the coast of Peru.

This is Fluence’s third project-financed build, own, operate contract of 2018.

“Our smart packaged Nirobox seawater system… will provide highly sought-after relief for industrial clients in this arid region of Peru. As Fluence expands into this new geographical and industrial region, the provision of reliable process water will allow our industrial customers to continue to plan for sustainable growth,” said Fluence managing director and chief executive Henry Charrabé.

Source: https://www.desalination.biz


Chilean Mines Minister: Electromobility and Chile’s Mining Future

At this year’s Prospectors & Developers Association of Canada (PDAC) convention, the Investing News Network had the chance to talk to Chile’s mines minister, Baldo Prokurica. Prokurica shared his thoughts on mining in Chile, what challenges are ahead for the country and what the future holds for lithium, cobalt and copper projects there. Watch the…

Climate Change and a Salty Dilemma

HAVANA TIMES – As the threat of water scarcity increasingly grows, many have turned to the Earth’s plentiful oceans for a solution. However, this has created a new risk threatening public and environmental health: brine. In a new study, the United Nations University’s Institute for Water, Environment, and Health (UNU-INWEH) assessed the state of desalination…

Desalinated water affects the energy equation in the Middle East

Perhaps more than in other parts of the world, in the Middle East energy and water are closely intertwined. Any discussion about the outlook for electricity in the region also becomes a discussion about water. As we examined in detail in the latest WEO special report, Outlook for Producer Economies, this is largely because of…