- Energy and Water Development Corp., a green-tech engineering solutions company focused on delivering water and energy to extreme environments, is aware of the growing impact of climate change and pollution on clean water access
- As of 2022, at least 2.2 billion people in the world still lacked safely managed drinking water, according to a report by the UN
- It is further projected that by 2030, only 81% of the world’s population will have access to safe drinking water at home, meaning 1.5 billion people without it
- EAWD looks to address this through its offering, which has shown the potential to extract as much as 65 tons of clean water in a day directly from the atmosphere, in addition to using solar for powering the process in areas without sufficient electricity
- Already, the company’s technology has been deployed in Mexico and Germany, and EAWD is looking to fulfill even more orders
Energy and Water Development (OTCQB: EAWD), a green-tech engineering solutions company focused on delivering water and energy to extreme environments, understands the growing impact of climate change and pollution on access to clean water. It also recognizes that less-industrialized nations are being affected a lot more by these challenges, potentially putting the lives of millions at risk. It looks to double down on building water systems out of already-existing, proven technologies, while utilizing its patent-pending systems configuration to help significantly address the issue.
What EAWD seeks to achieve is monumental, a factor that helps define the company’s mission and what it does. For context, according to a report by the United Nations (“UN”), it was noted that in 2022, at least 2.2 billion people still lacked safely managed drinking water. This included 703 million people who did not have access to basic water services, 3.5 billion who lacked safely managed sanitation, 1.5 billion without basic sanitation services, and 2 billion without basic handwashing facilities (https://nnw.fm/J5Mxi).
A Joint Monitoring Program (“JMP”) report published in 2021 noted that by 2030, only 81% of the world’s population will have access to safe drinking water at home. This would leave over 1.5 billion people without access to clean, safe drinking water (https://nnw.fm/FOR19).
These statistics point to a glaring gap to be filled. They also speak to a need for more innovative and sustainable solutions to the problem, something that EAWD is looking to address. The company can produce as much as 65 tons of water in a day by extracting water directly from the air with its proprietary technology. This technology leverages ultra-efficient refrigeration for air condensation, allowing the system to be totally independent of groundwater resources without any adverse environmental effects (https://nnw.fm/2o9aM). In addition, solar power sources can be used where necessary to provide energy to the system.
It is noted that clear air contains water. This includes arid areas that receive little to no rain in a year. Factoring in the erratic rainfall patterns, global warming, and the depleting natural resources for fresh water, solutions such as EAWD’s are proving more viable than ever before.
“With water scarcity becoming an increasingly pressing issue globally, our innovative technology offers a ray of hope by providing a reliable source of clean water while reducing reliance on traditional water sources,” noted Irma Velazquez, the company’s CEO (https://nnw.fm/xK1PP).
Already, EAWD has its water systems deployed in Germany and Mexico and is working to fulfill additional orders. Given that it is tried and tested, its management is optimistic that the product’s uptake will only grow going forward, ultimately bringing solutions closer to the people and increasing the number of people with access to clean water.
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 https://nnw.fm/EAWD
About NetworkNewsWire
NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: https://www.NetworkNewsWire.com/Disclaimer
NetworkNewsWire
New York, NY
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is powered by IBN
