With rapid industrialisation, Hebei Province in China has witnessed continuous growth in industrial water consumption. However, the region is facing serious water shortages leaving significantly water-stressed local areas. Project SY, a Resonance investment, provides a closed-loop water reuse solution for an industrial client operating in chemical fibre manufacturing industry.
Fresh water is essential to industry, but for many producers it is scarce and costly access. Seawater desalination can deliver unlimited fresh water to co co-located coastal industry.
Resonance Asset Management (‘Resonance’), the infrastructure investor focused on renewable energy and water infrastructure, announces an expansion in the scope of Resonance’s industrial water infrastructure investment strategy, as deployed in Resonance’s first industrial water infrastructure fund: Resonance Industrial Water Infrastructure Limited (“RIWIL”) (now closed for subscription).
Value and price of water has been a major topic of debate at many global water related conferences. This theme is very closely linked with water reuse. For us, in finance, value and price are not philosophical or ethical issues, but very practical ones. Water reuse (like desalination) would only make financial sense, and hence worth investing in, if it can be delivered at a price the buyers are willing to pay for it.