News / #desalination
Cheap Chinese panels are powering desalination plants for areas that have long struggled with water shortages.
The water crisis is sparking more interest from private equity and start-ups are dishing out solutions that are less capital-intensive, observe industry watchers. The data, however, points to a picture that is more mixed, with stop-start investment cycles that are largely cyclical.
The plant, backed by Singapore's water agency PUB and US-based startup Equatic, aims to remove 10 tonnes of carbon dioxide from the ocean each day.
As the world warms up and the population rises, water shortages are a growing problem.
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