EAWD Announces Sale of Their Self-Sufficient Energy Supply Atmosphere Water Generation System to Leading Mexican Water Co.
16 January 2020 - 12:15AM
InvestorsHub NewsWire
EAWD Announces Sale of Their
Self-Sufficient Energy Supply Atmosphere Water Generation System to
Leading Mexican Water Co.
MIAMI, FL -- January 15, 2020 -- InvestorsHub
NewsWire -- Energy and Water Development Corp.,
(EAWD), a green-tech engineering
solutions company focused on delivering water and energy to extreme
environments, today announced the sale of their self-sufficient
energy supply atmosphere water generation system to a Mexican
company.
The system is the
smallest of its type, which produces 5,000 Liters per day with no
infrastructure or power source required. The system is part of the
“The Blue Aqua Mission™ System”, a state-of-the-art German
engineered Atmosphere Water Generation (AWG) technology that is
completely powered by renewable energy. The system is composed of a
suite of intelligent software solutions for real-time optimization
of process performance, and operates through its own innovative
self-powered system.
The contract was
finalized on December 20th, 2019, with a down payment of $308K, 55%
of the total cost, with the remaining 45% of the total $550,000 to
be paid upon delivery expected in the second quarter of
2020.
The system will be
utilized to bottle clean water by one of the major water players in
the Mexican Market. Upon successful proof of concept, EAWD expects
additional sales to the customer. Mexico has one of the
highest consumption rates of bottled water and is controlled by
three companies: Danone’s Bonafont brand represents 47%, Coca
Cola’s Ciel 19.4% and Pepsico’s Epura
7.1%.
EAWD anticipates
additional sales upon the successful completion of the project
throughout Latin America and have larger self-powered systems, with
capacity of up to 450,000 Liters per day.
About Energy
and Water Development
Corp.
Energy and Water
Development Corp. (“EAWD”) is a green-tech engineering solutions
company focused on delivering water and energy to extreme
environments. The Company offers design, construction,
maintenance, and specialty consulting services to private
companies, government entities and non-government organizations
(NGOs). EAWD builds water and energy systems out of
already-existing, proven technologies, utilizing their technical
know-how to customize solutions to their clients’ needs. The
Company’s website is:
www.eawctechnologies.com
Forward-Looking
Statements
This press release may
contain forward-looking statements. The words “believe,” “expect,”
“should,” “intend,” “estimate,” “projects,” variations of such
words and similar expressions identify forward-looking statements,
but their absence does not mean that a statement is not a
forward-looking statement. These forward-looking statements are
based upon the Company’s current expectations and are subject to a
number of risks, uncertainties and assumptions. The Company
undertakes no obligation to update any forward-looking statements,
whether as a result of new information, future events or otherwise.
Among the important factors that could cause actual results to
differ significantly from those expressed or implied by such
forward-looking statements are risks that are detailed in the
Company’s filings.
Contact
Information:
Energy and Water Development Corp.
Irma Velazquez, Chief Operating Officer
Email: velazquezi@eawctechnologies.com
Tel. +1 347 871 8927
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