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Dewa s SWRO desalination plant on track for Q4 completion
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Global Desalination Technologies Market to Reach $22 5 Billion by 2026
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Amid the COVID-19 crisis, the global market for Water Desalination Equipment estimated at US$13.5 Billion in the year 2020, is projected to reach a revised size of US$22.7 Billion by 2027, growing at a CAGR of 7.7% over the analysis period 2020-2027.
Reverse Osmosis, one of the segments analyzed in the report, is projected to record a 7.5% CAGR and reach US$13.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multi-Stage Flash (MSF) Distillation segment is readjusted to a revised 8.2% CAGR for the next 7-year period.
Global Water Desalination Equipment Industry (2020 to 2027) - Market Trajectory & Analytics
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Dewa seals water purchase deal with Utico for $410m SWRO project
DUBAI, 3 days ago Dubai Electricity and Water Authority (Dewa) has signed a 35-year water purchase agreement (WPA) and the shareholders agreement (SHA) for the Hassyan Sea Water Reverse Osmosis (SWRO) plant, with Emirati company Utico. The 120 million imperial gallons per day (MIGD) project will be built using the Independent Water Producer (IWP) model. It is expected to be completed by March 2024 at a total cost of $410 million. The agreements were signed by Saeed Mohammed Al Tayer, MD and CEO of Dewa, and Ivan Richard Menezes, the managing director of Utico in the presence of the group s Chairman Rashed Mehran Al Blooshi and other senior officials.