Waterise is a game changer entering the huge and expanding market for desalinated water.
Corporate ESG Targets
An emerging ESG goal for large corporates is the aspiration to be Water Positive, which means to make more water available than they consume. Read more here.
The market for desalinated water is growing
Overall installed desalination capacity is forecast to double through next decade and 950 large projects are currently being planned worldwide. Global Water Intelligence expects seawater desalination capacity to grow by 29 million m3 per day from 2020 to 2024.
The single fastest growing market for seawater desalination over the next few years will be Saudi Arabia’s west coast, followed by other countries in the Middle East such as the United Arab Emirates and Oman. Between 2020 and 2024, desalination capital expenditure in the Persian Gulf region is expected to be USD 23,000 million. Spain and Chile are expected to be other important markets
Benefits of Waterise
Reduced investment and operational costs
By reducing land and energy use and providing a standardised and module-based system, our solutions will deliver fresh water with substantially reduced investment and operating costs compared to any other technology.
Our module-based system is scalable to meet customers’ needs over time – and at any time.
Based on patented technology
We utilise proven subsea technology to provide safe and clean access to fresh water to water-stressed regions around the world.
Our team has a unique track record from both the global subsea oil and gas industry and the desalination industry. They are putting their expertise to work to solve one of the world’s most challenging problems.
Waterise is a privately owned group of companies. Our shareholder base consists of both industrial and institutional investors. The solutions and potential of Waterise have attracted cornerstone investments from investors like Summa Equity, and Ingka Investments (through the fund Equitix Next Generation).