Cavitation Technologies announced the launch of Water Remediation Pilot and Feasibility Study in South Africa to be funded through United States Trade and Development Agency (“USTDA”) valued at $1.7 million dollars that aims to identify solutions to the decreased water supply and increased wastewater that is challenging Africa and the world-at-large.
The FS project is sponsored by the University of Cape Town’s (UCT) Future Water Institute through its research site based at the Water Hub, Franschhoek, in the Western Cape of South Africa. As sole-source contractors, the project team consists of Partnership International, Inc. (PI) and CVAT, along with local-subcontractor Alveo Water (Alveo) and University of Cape Town’s (UCT) Future Water Institute in Cape Town.
CVAT’s patented technology addresses decreasing water sources and increasing wastewater generation by making more water supply available at low costs and allowing industry to recycle wastewater, thereby reducing consumption costs. The FS goal is to identify water-intensive users as initial models for replication based on similar demand/supply. The FS will examine and propose three (3), bankable business models, within one “User Financial Model” for scaling, including:
- Water suppliers that seek to efficiently remediate water and wastewater supply;
- Private sector industry that seek to reclaim large amounts of wastewater for reuse, and decrease solid waste;
- Farms and cooperatives that need to remediate their water supply and reuse wastewater for irrigation.
The global market for wastewater recycling and reuse technologies was estimated at $21.3 billion in 2021 and is forecasted to reach $40.5 billion by 2026, growing at a compound annual growth rate of 14%, according to data from BCC Research.
Roman Gordon, Global Technology Manager at CVAT commented, “The industry is propelling a severe lack of efficiency within its supply and demand chain and drying up one of society’s most precious resources (water) in the process. Our company has a unique proprietary nanotechnology that helps remediate produced water—helping to not only conserve the precious and vital resource of fresh water but also helping to repurpose produced water that is otherwise wasted.
The proposed CVAT Water Remediation Pilot Feasibility Study and Implementation Plan will provide US-made replicable models for sustainable water management/distribution that address adverse water-related risks and challenges prevalent in South Africa and emerging markets around the world.
We strive to make CVAT’s technology available in more locations worldwide to help solve water shortages and provide viable solutions to the most in need in the third world countries.”