Energy and Water Development Corp. Received Contract Award by the Iraqi Project and Contracting Office (IPCO)
18 June 2020 - 10:20PM
InvestorsHub NewsWire
Energy and Water Development Corp.
Received Contract Award by the Iraqi Project and Contracting Office
(IPCO) to Supply Their Water and Energy Products to Continuity
Projects in Iraq
MIAMI, FL -- June 18, 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
contract award to supply water and energy products for the ongoing
construction projects of Iraq.
The initial supply order includes 20 self-sufficient energy
supply atmosphere water generation systems to various Iraqi
projects. The Award Contract was issued on April
8th, 2020 with a value of $14,650,640.00. Payment
for supply is on process and coordinated by the Central Bank of
Iraq. Delivery of the systems could start on 2nd Quarter
2021.
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 systems would be delivered in Baghdad, Iraq to be installed
in each of the ongoing IPCO´s projects to supply clean water. Upon
successful performance, EAWD expects additional sales to the
customer. After three decades of war Iraq faces serious
challenges on water & energy supply. EAWD self-powered systems
could represent a sustainable solution.
EAWD anticipates additional sales upon the successful completion
of the project throughout the region and have more supply orders
for 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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