Thursday, November 21, 2013

A Chinese fund provides 4.5 million € to Catalan water company

From http://www.diaridegirona.cat/economia/2013/11/21/fons-xines-aporta-4-milions/644582.html (in Catalan)

Xavier Doló, CEO of Clean Tech Dolo Group, will be able to produce and sell Hydromatch, the device invented by himself five years ago to produce drinking water from the of water vapor in the air, thanks to a Chinese fundClean Tech Dolo Group will receive 4.5 million € in 3 years and also will be introduced in the Chinese market. Hydromatch can produce up to 6,800 litres/day of pure drinking water extracted from the humidity of the air, something very interesting for a country like China with areas in which there is a severe water pollution. Xavier Doló's goal is to produce the two first portable machines in the forthcoming 6 months, to later start the serial production of two machines per day. The factory is planned to be built in Sant Joan de les Abadesses (Girona province, Catalonia), where the prototype has been developed, which is expected to help improve the local economy. Once in full production phase, expected sales can reach 50 million €/year.

 

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