Work to commence on R15bn Amdec Group Harbour Arch precinct – Cape Town Good news for the Cape Town property market as work is set to commence on major new developments, among them the Amdec Group’s R15bn Harbour Arch precinct. Early purchasers will be reaping the rewards of buying into Harbour Arch, but there is still value to be had with the second tower launching this year. It competes on a global scale in terms of quality and innovation, which means there is a fair expectation of it yielding consistently strong returns on investment. Work to commence on R15bn Amdec Group Harbour Arch precinct – Cape TownDME GmbH2019-05-17T14:46:46+02:00
Desalination plant ends contract with City of Cape Town, plans to sue – Cape Town Quality Filtration Systems (QFS), the V&A Waterfront desalination plant owner, has terminated its water supply contract with the City of Cape Town and will pursue legal action. The City was notified of this decision on May 7, GroundUp reports. „The City is disappointed with this unilateral decision and is now considering the legal ramifications,“ the city said in a media statement on May 9. The R60-million plant has been dormant since February, due to concerns about dirty sea water. Desalination plant ends contract with City of Cape Town, plans to sue – Cape TownDME GmbH2019-05-16T15:01:01+02:00
Hyflux announces third potential investor, with letter of interest to acquire overseas assets – Singapore Hyflux on Wednesday (May 15) announced another potential investor which has submitted a non-binding letter of interest. The potential investor, which was not named, expressed interest in acquiring some of Hyflux’s assets in Algeria and Oman, as well as other assets in the Middle East and North African region. „The investor’s interest also includes the operation and maintenance activities relating to these assets,“ said Hyflux in a bourse filing. (LINK). Hyflux announces third potential investor, with letter of interest to acquire overseas assets – SingaporeDME GmbH2019-05-15T14:38:55+02:00
Fluence Signs a US$10 M Contract for Brazil’s Largest Seawater Desalination Plant – Brazil Fluence Corporation Limited is pleased to announce that it has executed a US$10 million contract for the design, engineering and construction of a 12,000 m3/day seawater desalination plant for one of the world’s largest steel producers. The plant will be located at the customer’s steel production facility in eastern Brazil. Construction on this Custom Engineered Solution is anticipated to commence in Q2 2019 and is expected to be operational by Q4 2020. (LINK). Fluence Signs a US$10 M Contract for Brazil’s Largest Seawater Desalination Plant – BrazilDME GmbH2019-05-14T15:20:59+02:00
Spanish-Chinese consortium lands $700mln deal for UAE desalination plant – UAE Spain’s Abengoa announced on Monday that it has received an order, as part of a consortium with Chinese EPC contractor Sepco III, to start work on a 909,000 cubic metres per day (m3/day) desalination plant in Taweelah in the United Arab Emirates (UAE). In a stock exchange filing, the Spanish engineering and construction firm said the desalination project is valued at more than $700 million, with the company’s share being approximately $243 million over the next three years. In November last year, […] Spanish-Chinese consortium lands $700mln deal for UAE desalination plant – UAEDME GmbH2019-05-13T15:34:32+02:00
Mumbai faces fourth water cut of 10 per cent in a decade – Mumbai This summer, Mumbai faces a water cut of 10 per cent, its fourth in a decade. The average rainfall that Mumbai receives every year has been steadily dropping. In 2008, we received 2,508 mm of water. Last year, that figure dropped to 2,009.45 mm. It wasn’t sufficient to fill to capacity the seven lakes which store the water supplied to the city. Until May 9, the lake levels had only 15 per cent of live stock water — 2,21,265 million litres. An additional 1,70,000 million litres […] Mumbai faces fourth water cut of 10 per cent in a decade – MumbaiDME GmbH2019-05-12T14:20:41+02:00
Desalination plant restart ahead of schedule as dam levels slide – Sydney The restart of Sydney’s desalination plant is proceeding faster than expected, helping to slow the drawdown of the city’s reservoirs amid the ongoing drought. The $2.3 billion plant, which resumed operations in January, has been supplying water to Sydney’s network for about six weeks. Production is now between 300 and 400 million litres per week. „In line with our operating licence, [the plant] has until September to reach its maximum capacity of producing 250 million litres per day of water – […] Desalination plant restart ahead of schedule as dam levels slide – SydneyDME GmbH2019-05-11T16:05:54+02:00
Sydney desal plant restart ahead of schedule as dam levels continue slide – Sydney The restart of Sydney’s desalination plant is proceeding faster than expected, helping to slow the drawdown of the city’s reservoirs amid the ongoing drought. The $2.3 billion plant, which resumed operations in January, has been supplying water to Sydney’s network for about six weeks. Production is now between 300 and 400 million litres per week. „In line with our operating licence, [the plant] has until September to reach its maximum capacity of producing 250 million litres per day of water – or […] Sydney desal plant restart ahead of schedule as dam levels continue slide – SydneyDME GmbH2019-05-10T11:21:13+02:00
Dubai completes $3.18bn M-Station expansion project – Dubai Dubai Electricity and Water Authority (Dewa) has announced the completion of the M-Station expansion project in Jebel Ali, the largest power generation and water desalination plant in the UAE, at a total investment of Dh11.7 billion ($3.18 billion) in co-ordination with German technology major Siemens. It was inaugurated by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance, and President of Dewa, in the presence of senior Dewa officials including its managing director and chief executive officer Saeed Mohammed […] Dubai completes $3.18bn M-Station expansion project – DubaiDME GmbH2019-05-09T11:12:59+02:00
ACWA Power Signs Strategic Agreements With Three Chinese Entities During the Second Belt and Road Forum – Saudi Arabia ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants has signed strategic agreements with three renowned Chinese entities on the sidelines of the second Belt and Road Forum for International Cooperation (BRF). The agreements with PowerChina, China Gezhouba Group Company (CGGC) and Bank of China will lay the ground for collaboration in key investments and further involve Chinese expertise in manufacturing power generation and desalinated water production plants that ACWA Power develops and operates. ACWA Power Signs Strategic Agreements With Three Chinese Entities During the Second Belt and Road Forum – Saudi ArabiaDME GmbH2019-05-08T15:29:28+02:00