International Wastewater Systems (IWS:CSE) Featured on CNN Money
– Momentum Public Relations –
CNN Money, the world’s largest business news site, recently interviewed Lynn Mueller, CEO of International Wastewater Systems Inc.
The feature interview highlights key components of International Wastewater’s proprietary technology and outlines how the company’s solutions are being installed in a variety of locations around the world.
“We quickly went from being a local, small company to a worldwide operation. We’ve seen markets around the world demanding the product,” Mueller said, adding that his company has an additional $80 million worth of projects in the works.
The link below features the full article on CNN Money by reporter Jacqueline Wattles.
Mr. Mueller believes that the most pressing global challenge of our generation is the need for everyone on the planet to reduce the energy wastage and minimize carbon output. IWS has responded to the need by developing easy to use technology that recovers heat from waste water.
IWS has been able to form alliances with some of the world’s leading water companies as a result of the quality of its products and ease of the application of its technology. The company has recently updated its pipeline of projects, including the upcoming installation of a SHARC wastewater heat recovery system at a facility operated by the Australian Wool Testing Authority in Melbourne, Australia.
IWS continues to work in close collaboration with some of the world’s major water utility companies in North America and Europe, many of whom are interested in supporting the deployment of IWS technology across their waste water infrastructure. The goal is to contribute to the international carbon reduction program enshrined at the 2015 United Nations Convention on Climate Change in Paris (COP21).
Commenting on the technology, Alex Mortlock, Strategic Planning Manager-Wastewater Infrastructure for Severn Trent (a FTSE 100 Company with wastewater operations in the UK and internationally) said: “having been introduced to SHARC technology during the second half of 2015, we are keen to explore the opportunity that IWS could create for us through their SHARC and PIRANHA technologies. We are currently reviewing the suitability of SHARC for use on one of our own buildings and will be investigating further opportunities to utilize the sewage flow contained in our 91,000 kilometers of sewers.”
Despite its success so far, IWS still faces the challenge of converting the established thinking of combustion based heating engineers. However, with the support of a number of UK and EU water companies, the company is being asked to respond to inquiries from single building adopters as well as developers looking to include low carbon district heating solutions into their project plans.
The UK’s first sewage to heat operation at Borders College in Galashiels, Scotland is an excellent example of how water resources can be harnessed and maximized. The IWS technology was launched in December 2015 and has enabled IWS to showcase the credentials of the SHARC technology. It functions using a 1 km underground heat distribution network, retrofitted to older building stock, and demonstrates how the system can link into town sewer facilities, significantly increasing the market opportunity to heat buildings with limited water consumption.
Scottish Water Horizons has indicated that it is very pleased with the results so far and is looking forward to ongoing environmental and heating cost benefits.
Alan Scott, Finance Director of Scottish Water, says; “this initiative builds on our work to use Scotland’s water resources to help generate renewable energy, through the likes of hydro power schemes, helping to reduce costs and build an increasingly sustainable Scotland.”
IWS is working to capitalize on the many global opportunities that are available by building the strategic relationships necessary for the future success of its solutions.