- Energy and Water Development, a green-tech engineering solutions company focused on delivering water and energy to extreme environments, is looking to make clean water accessible with its patent-pending, innovative solution
- The company’s Atmosphere Water Generation (“AWD”) uses ultra-efficient refrigeration technology for condensation of air, providing an unlimited water resource directly from the atmosphere
- With multiple coordinated units, the technology can produce up to 2.6 million gallons of water a day for industrial, residential, and commercial use
- EAWD’s management is confident that, through this innovative solution, it could provide millions of liters of fresh, clean water every day while preventing the depletion of water from natural resources
Energy and Water Development (OTCQB: EAWD), a green-tech engineering solutions company focused on delivering water and energy to extreme environments, has, since its inception, remained committed to providing sustainable energy and water solutions to residential, industrial, and commercial markets. Its focus has been on regions with scarce water and energy supply. Sadly, with ongoing climate change, the situation is only worsening, but the company is looking to address it through its AWD technology.
It is estimated that close to 2.4 billion people in the world today live in water-scarce areas. At least 703 million people, which translates to almost one in 10 people, currently do not have clean water close to home (https://ibn.fm/TnDXu). Worse still, for many who do not have access, the service may be unreliable, unsafe, unaffordable, or far away. Despite the Sustainable Development Goal (“SDG”) that details the objective to make clean water accessible to as many people as possible, it is still projected that by 2030, at least 2 billion people will still not have access to safe water at home, a worrying statistic that also lays bare the current state of the situation on the ground (https://ibn.fm/oZnJ6).
Through its patent-pending, innovative off-grid atmosphere water generation (“AWD”) systems, the company is looking to address it at the source. The technology leverages ultra-efficient refrigeration technology for air condensation, allowing for a system that is totally independent of groundwater resources and provides an unlimited water resource. From an environmental standpoint, the solution has no adverse effects on the environment and is totally independent of the grid, which means even people in the most remote locations of the planet can still access clean water.
“We know that water scarcity is a critical and growing issue that does not discriminate,” noted Irma Velazquez, EAWD’s CEO. “Everyone, anywhere, is entitled to clean, abundant drinking water and our improved off-grid atmosphere water generation systems can help communities provide an unlimited source of fresh water without drawing any power from the grid, even in the most severely drought-stricken areas,” he added (https://ibn.fm/x1KJQ).
The company’s focus has been in North America, specifically the U.S. and Mexico. In December 2023, it announced a joint Memorandum of Understanding (“MOU”) to build North America’s first off-grid atmosphere water generation plant. Other community-scale water generation projects are also under development in Mexico and Germany, locations where multiple solar-powered AWGs could produce as much as 2.6 million gallons of water per day for industrial, residential, and commercial use.
EAWD’s management is confident that the company’s innovative solution can provide life-changing volumes of fresh, clean water every day, in areas where it is desperately needed, while preventing the depletion of natural rivers and lakes.
For more information, visit the company’s website at www.Energy-Water.com.
NOTE TO INVESTORS: The latest news and updates relating to EAWD are available in the company’s newsroom at http://ibn.fm/EAWD
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