Solar Water Solutions (SWS) has received an order for 10 water treatment units in Guelmim Oued Noun, a region located in southern Morocco. The Finnish company will install its containerized solar water treatment systems with a loan from Nordic Environment Finance Corporation (NEFCO).
The partnership between Solar Water Solutions (SWS) and NEFCO was signed on October 18th, 2021. The unspecified loan amount is being released under the Green Recovery program of Nordic Environment Finance Corporation NEFCO, an international financial institution that helps accelerate the growth and scaling of Nordic green solutions in global markets, including Africa. Loans under the Green Recovery program range from €100,000 to €500,000, repayable over a maximum of five years.
With this financing, Solar Water Solutions is expected to cover the costs of manufacturing, delivery and installation of 10 water treatment units in the Guelmim Oued Noun region of southern Morocco. These systems treat seawater or any other contaminated water. The contract was awarded to the Finnish company by the regional government. The objective is to reduce water shortages partly caused by drought. Solar Water Solutions will implement the project in partnership with Atlas Inclusive Partners, a local green solutions company.
“Our systems have a recovery rate of up to 90 percent, which allows for environmentally friendly water purification and preserves scarce groundwater sources,” says Solar Water Solutions. Units without batteries are powered by solar energy. This approach also helps reduce carbon dioxide (CO2) emissions from the facilities. In the Guelmim Oued Noun region, the 10 water treatment units will avoid 57,000 tons of CO2 equivalents due to the transport of water, as it will be purified and consumed locally. In addition, the drinking water project will prevent the return of nearly 1,600 tons of hazardous waste from used batteries to the environment.
With the funding from NEFCO, Solar Water Solutions also plans to expand into other emerging markets such as Madagascar and the Caribbean.