IWS Announces Establishment and Appointments to Advisory Board
IWS Announces Establishment and Appointments to Advisory Board
– Momentum Public Relation –
Press Release: October 6, 2016
International Wastewater Systems Inc. (the “Company”) (CSE:IWS)(CSE:IWS.CN) (FRANKFURT:IWI) (OTC PINK: INTWF) is pleased to announce the establishment of an Advisory Board consisting of industry leaders from the renewable energy, construction and real estate sectors. Immediately, the Advisory Board will consist of Mr. Bruno Thiemann and Mr. David Hatherton.
Bruno Thielmann has played a key role in many of the largest development projects in the Greater Vancouver Area as well as the provinces of British Columbia and Alberta, with 40 years’ experience in multi-family, commercial and industrial land developments. As Director of Land Development at WesGroup Income Properties LP, Mr. Thielmann provided construction management and land development expertise for a wide range of projects . Mr. Thielmann has worked with numerous First Nations groups throughout his career aiding their vision of economic independence through run-of-river power projects, forestry, and aqua-culture. He currently serves as a Director for the Klahoose First Nation Development Corporation and advises the Musqueam First Nation in the development of a 22-acre site for 1.25 million square feet of mixed use residential projects.
David Hatherton has been a leader in the domestic and international geothermal, renewable, and energy efficiency industries for 25 years. Companies that Mr. Hatherton has co-founded have installed over 250,000 systems, accounting for approximately US$2.5 billion in retail sales. David was the co-founder of companies including EarthSystems/WaterFurnace Canada, WaterFurnace International (Fort Wayne, Indiana), and NextEnergy Inc. Among his many contributions to industry associations, Mr. Hatherton was the founding President of the Canadian Earth Energy Association and initiated the Ontario Hydro GSHP incentive program with 7,000+ installations. During the administration of President Clinton, Mr. Hatherton was the key industry representative providing successful congressional testimony in the launch of the US$100 million Department of Energy (DOE) – Geothermal Heat Pump Consortium’s National Earth Comfort Program, part of the Clinton/Gore Climate Change Action Plan.
Lynn Mueller, CEO of IWS commented: “We are very pleased to welcome David Hatherton and Bruno Thielmann to IWS’s newly formed Advisory Board. Both David and Bruno are highly regarded industry experts; they provide ongoing advice and access to their vast networks to facilitate the adoption of IWS’s world-leading thermal heat recovery equipment. “
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. is a world leader in thermal heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings. IWS is publicly traded in Canada (CSE:IWS)(CSE:IWS.CN), the United States (OTC PINK:INTWF) and Germany (FRANKFURT:IWI).
- Published in Green Technology, International Wastewater Systems, News Home
US$60 Million Financing Commitment for 1,000 IWS Systems in California
US$60 Million Financing Commitment for 1,000 IWS Systems in California
– Momentum Public Relations –
Press Release: August 25, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(FRANKFURT:IWI)(OTC PINK:INTWF) is pleased to announce a joint venture (“Joint Venture”) with RENEW Energy Partners LLC (“RENEW“) for the financing and installation of IWS’s world-leading thermal heat recovery equipment in the United States. The Joint Venture will initially build projects in California for which RENEW is committing funding of US$60 million over five years, for the purpose of funding capital expenditures for one thousand (1,000) PIRANHA thermal heat recovery systems (“PIRANHA“) to be built, installed and operated exclusively by IWS.
Background
RENEW is engaged in developing and funding energy and water efficiency retrofits and on-site clean energy projects through the use of innovative structures such as an Energy Services Agreement (ESA) or Power Purchase Agreement (PPA). Combining RENEW’s project finance expertise with IWS’s capabilities in the manufacturing, installation and servicing of thermal heat recovery equipment, enables the Joint Venture to offer a full suite of services for energy and water conservation projects and on-site clean energy projects. The Joint Venture aims to expand the implementation of energy efficiency and on-site clean energy projects throughout the United States.
The Joint Venture will fund and deploy IWS’s PIRANHA system, a self-contained heat pump that extracts thermal energy from wastewater for hot water production. The PIRANHA has been optimized for residential buildings with 50-200 units as well as stand-alone commercial applications, and was the recipient of the 2016 AHR Expo® Innovation Award for Green Building Innovation. The AHR Expo® is the world’s largest HVACR (Heating, Ventilating, Air Conditioning and Refrigeration) convention (see news release: http://goo.gl/ACsOZp).
Stephen Pritchard, principal and co-founder of RENEW said: “The combination of IWS’s expertise in the design, manufacture and operation of thermal heat recovery equipment, and RENEW’s project funding, deal structuring and project development expertise offers a new carbon reduction strategy for almost any building in the U.S. We view IWS as a world leader in the thermal energy recovery space, and are pleased to partner with them to accelerate the ‘turn-key’ deployment of their exciting PIRANHA technology in California – and the rest of the country. IWS and RENEW see exponential growth ahead with the commensurate benefit to the building owners and to the planet.”
Joint Venture – Scope and Schedule
The Joint Venture will finance, build, install and operate 1,000 PIRANHA systems, initially in the state of California and later extending to the rest of the U.S. RENEW will provide funding of US$60 million to fund the deployment of the PIRANHA systems over a period of five years (“US$60 MILLION PROGRAM“).
The purpose of the US$60 MILLION PROGRAM is to provide capital to fund turnkey installation and on-going operations and maintenance of PIRANHA systems for qualified residential and commercial buildings under a standardized Thermal Energy Purchase Agreement (“TEPA“) developed by RENEW. Under the terms of the TEPA, customers will enter into long-term supply agreements for low-cost, efficient energy, with no capital investment.
The proposed schedule for the deployment of 1,000 PIRANHA systems in California in the next 5 years is estimated as follows:
- Approx. 50 PIRANHA Systems in the first 12 months of the US$60 MILLION PROGRAM;
- Approx. 120 PIRANHA Systems in the second 12 months of the US$60 MILLION PROGRAM;
- Approx. 240 PIRANHA Systems in the third 12 months of the US$60 MILLION PROGRAM;
- Approx. 300 PIRANHA Systems per year thereafter.
IWS and RENEW will establish a special purpose vehicle (“SPV“) to own the individual PIRANHA projects financed by the US$60 MILLION PROGRAM. The SPV will sign a master agreement with IWS for the exclusive design, build and commissioning of PIRANHA systems and for the operation and maintenance services throughout the life of the systems.
The SPV will be the investing and operating entity for the Joint Venture. RENEW and IWS will jointly participate in the project returns from energy sales through cash flow distributions from the SPV, with the related terms of distribution to be included in a definitive agreement between IWS and RENEW.
Charles Lord, principal and co-founder of RENEW said: “Waiting to implement energy-efficiency projects costs building owners money and wastes precious time in the fight against climate change. So the pivotal question is – why delay? With the PIRANHA Thermal Energy Purchase Agreement, we will deliver building owners lower energy costs with no capital investment and immediate lasting carbon reductions.” “Energy efficiency is one of the great weapons at our disposal to slow global warming. It is imperative that we put it to use immediately, and at scale, to limit the most dramatic effects of global climate change. RENEW is thrilled to be partnering with IWS on a ‘RENEW It Now’ funding program to drive the rapid deployment of IWS’s thermal energy recovery systems throughout California – and ultimately the entire United States.”
Lynn Mueller, CEO of IWS commented: “IWS is privileged to work with RENEW and its Principals; their expertise in the financing of alternative energy projects, and their access to capital, provides IWS with a strong platform to roll out IWS systems in the U.S. market. IWS will earn revenue from the design, build and commissioning of PIRANHA systems as well as recurring revenues for the on-going operation and maintenance services throughout the life of the systems. In addition to these revenue streams, IWS will receive long-term income from its share of cash flow distributions from energy sales.”
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (CSE:IWS)(FRANKFURT:IWI) is a world leader in wastewater heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings.
About RENEW Energy Partners LLC
Renew Energy Partners’ management team offers deep expertise in deep energy retrofit analysis and optimization, energy efficiency programs, project management and implementation, and energy finance solutions. We combine our experience with the expertise of a network of best-in-class energy service partners to assess, design, install, and maintain energy efficient systems.
- Published in Business, Energy, Green Technology, International Wastewater Systems, News Home
IWS Announces Vancouver Carbon Reduction Initiatives
IWS Announces Vancouver Carbon Reduction Initiatives
– Momentum Public Relations –
Press Release: August 10th, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(FRANKFURT:IWI) is pleased to announce a series of wastewater heat recovery projects to be installed in Vancouver in partnership with the public and private sectors.
The city of Vancouver’s Renewable City Strategy has committed to generate 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of their energy from renewable sources before 2050 (see details: http://vancouver.ca/files/cov/renewable-city-strategy-booklet-2015.pdf ). The Renewable City Strategy notes that ‘Reducing building heating demands is the foundation to achieving the City’s 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} renewable energy target’. Canada is at the forefront of carbon reduction, with Ontario recently announcing an $8.3 billion climate change plan with initiatives that include a focus on encouraging buildings to switch to more energy-efficient heating systems. IWS, a world leader in wastewater heat recovery systems is developing its pipeline of projects in British Columbia and Ontario that will assist in the implementation of Canadian policy initiatives.
IWS announces that it will manufacture, install and service the equipment for the following newly announced sewage heat recovery projects:
Metro Vancouver – Neighborhood Energy Utility
IWS is pleased to announce a project with Metro Vancouver (“Metro Vancouver”) a partnership of 21 municipalities, one Electoral Area and one Treaty First Nation that collaboratively plans for and delivers regional-scale services across the lower mainland of British Columbia. Its core services are drinking water, wastewater treatment and solid waste management. Metro Vancouver also regulates air quality, plans for urban growth, manages a regional parks system and provides affordable housing.
Metro Vancouver has identified its inaugural wastewater heat recovery project with IWS at The South East False Creek Neighborhood Energy Utility (“NEU”), a large wastewater heat recovery project supplying a District Heating Network. The NEU began operations in 2010 and currently provides space heating and hot water for 4,300,000 square feet (395,000 m2) of residential, commercial, and institutional space. Expansion plans are in place to serve new developments in the neighborhood including the Great Northern Way campus lands, a university campus jointly owned by the University of British Columbia, Simon Fraser University, British Columbia Institute of Technology and Emily Carr University.
The project at the NEU will mark the first installation of the newest and largest SHARC wastewater heat recovery system, the model 880 (“SHARC 880”). The SHARC 880 offers the highest capacity of any SHARC system designed and built by the Company to date. The SHARC 880 handles a flow rate of up to 1500 gallons per minute (“GPM”), a capacity increase of three-times when compared to existing SHARC models with flow rates of 100 GPM to 500 GPM. The NEU installation will include two SHARC 880 systems working in tandem, a deployment that is indicative of IWS’s growing market for large and utility-scale wastewater heat recovery projects.
British Columbia Housing Management Commission
IWS is pleased to announce a project with The British Columbia Housing Management Commission (“BC Housing”) a crown corporation in the province of British Columbia. BC Housing works in partnership with approximately 800 housing providers – mostly non-profit and housing co-operatives – over 98,000 households in 200 communities across the province. Following a comprehensive review of BC Housing’s property management portfolio, IWS and BC Housing jointly selected the initial buildings to be retrofitted with IWS’s PIRANHA technology (“PIRANHA”). The PIRANHA is a self-contained heat pump that extracts thermal energy from wastewater for domestic hot water production. The PIRANHA has been optimized for residential buildings with 50-200 units as well as stand-alone commercial applications, and was the recipient of the 2016 AHR Green Building Product of the Year Innovation Award (see news release: http://goo.gl/ACsOZp). BC Housing is enthusiastic about the financial savings and carbon reduction opportunities that IWS wastewater heat recovery technology can offer the 98,000 households that it serves across the province of British Columbia.
Private Placement
IWS has arranged a non-brokered private placement financing for gross proceeds of up to $1,000,000 at a price of $0.20 per share (the “Placement”). Fees will be payable in connection with the Placement. Proceeds from the Placement will provide IWS with additional working capital to fulfill the manufacture and installation of the projects with Metro Vancouver and the British Columbia Housing Management Commission.
Lynn Mueller, CEO of IWS commented: “Our world leading technology is designed and built in British Columbia, and we are enthusiastic to partner with the province in the implementation of its carbon reduction strategy. Using IWS technology, almost any building can recover heat from wastewater to reduce natural gas consumption by 30-100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}. With projects at various stages of development in Scotland, Albania, Australia, England, Canada and the United States, our company is leading the world in wastewater heat recovery projects”.
- Published in Green Technology, International Wastewater Systems, News Home
IWS Announces Newest and Largest SHARC System
IWS Announces Newest and Largest SHARC System
– Momentum Public Relations – June 27, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(FRANKFURT:IWI) is pleased to announce that the Company has completed the in-house design of the newest and largest SHARC wastewater heat exchange system, the model 880 (“SHARC 880”). The SHARC 880 offers the highest capacity of any SHARC system designed and built by IWS to date.
The SHARC 880 handles a flow rate of up to 1500 gallons per minute (“GPM”), a capacity increase of three-times when compared to existing SHARC models with flow rates of 100 GPM to 500 GPM. In-house testing is now underway and will be completed in the next 90 days. Following completion of the design and test phase, production will be completed at IWS headquarters near Vancouver. The unit is scheduled to be installed and tested at a wastewater heat exchange project within a District Heating Network (“DHN”) in Vancouver. The DHN currently serves 4.3 million square feet (approximately 400,000 square meters) of residential, commercial, and institutional space with plans for future expansion.
The SHARC 880 was built in response to demand from prospective clients seeking a system with increased capacity. In particular, ongoing requests from various District Heating Networks confirm that wastewater heat exchange equipment for large and utility-scale projects is a growing market for IWS.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (CSE:IWS)(FRANKFURT:IWI) is a world leader in wastewater heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings.
- Published in Green Technology, International Wastewater Systems, News Home, Technology
International Wastewater Systems’ order book hits $80 million for energy-saving technology
International Wastewater Systems’ order book hits $80 million for energy-saving technology
Have you ever thought about the wasted energy that literally goes down the drain every time you use warm/hot water? Well Lynn Mueller has. And now his recently public company, International Wastewater Systems Ltd. (CNSX:IWS) has in the neighbourhood of $80 million in orders from customers around the world for his innovative energy saving technology.
Mueller was previously a farmer who also ran one of the world’s leading manufacturers of thermal heat pumps called Water Furnace. As a result of the experience of moving heat from A to B, he conceived of and invented the two models of thermal heat capture systems that are the company’s products.
The Sharc and the Pirranah systems capture heat energy in sewage and wastewater and return it to any building’s hot water systems for significant savings. How significant?
According to Mueller, “we recover the energy at an efficiency of about 400 to 500 per cent, so for every dollar it costs to run a Shark or a Piranha unit, we recover $4 to $5 worth of energy, and it’s just in the same form.”
IWS’s systems are currently installed and running in everything from a University of British Columbia residential building to a Camden, N.J., wastewater treatment plant. Additional industrial-scale installations are planned for the city of Fier, Albania, and the Australian Wool Testing Authority. The largest Sharc installation is at Borders College in Scotland, serving a student population of 4,500.
The Fier installation will capture heat from the city’s sewage treatment facility and redistribute it to homes throughout the city in a model the company refers to as “district heating.” The plant will extract heat energy from an estimated 30 million litres of sewage per day. Albania currently loses an estimated 160 – 200 million euros per year on its energy program according to World Bank figures, so the motivation to expedite the project is somewhat acute.
That project represents a novel and lucrative business model for IWS with a recurring revenue source. In both Albania and the United Kingdom, subsidies and investment by government are expected to substantially improve the economic viability of installing Sharc systems in institutional and commercial buildings.
The installation at Borders College, for example, was financed with a 4-million pound investment from Equitix and the U.K. Green Investment Bank, an entity created by the U.K. government. The mandate of the U.K. Green Investment Bank is to spearhead the investment of 330 billion euros into the “greening” of the U.K. economy by 2020. Their stated focus is primarily on energy efficiency, waste and bio energy. With the Scottish project, other municipalities throughout the U.K. will have a running demonstration site to enhance understanding of the process.
The Camden, N.J., project was almost completely financed by a clean energy grant, leaving the county to come up with only US$100,000 of the US$1.1-million cost.
International Wastewater Systems constitutes an early development stage opportunity for investors seeking exposure to the developed world’s push to improve energy efficiency wherever possible.
CNN Coverage
Even CNN deemed the company newsworthy, and published coverage of IWS on the network’s financial channel at CNNMoney.com on May 24. “We quickly went from being a local, small company to a worldwide operation. We’ve seen markets around the world demanding the product,” Mueller told CNN reporter Jackie Wattles.
The company anticipates raising capital soon to finance production of more Sharc and Piranha systems to fulfill its backlog of orders.
James West is an investor and the author of the Midas Letter, an investing research report focused on Canadian markets. The views expressed here are his own and are presented for general informational purposes only — they should not be construed as advice to invest in any securities mentioned.
James West and/or associated funds do not own shares in any securities mentioned in this article. For the full Midas Letter disclosure policy, click here. Postmedia and Midas Letter have a revenue sharing arrangement.
view original: click here
- Published in Blog, Green Technology, International Wastewater Systems, Technology
IWS Featured on CNN Money
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.
- Published in Blog, Business, Green Technology, International Wastewater Systems, News Home, Technology
IWS Announces Collaboration With the City of Fier, Albania
IWS Announces Collaboration With the City of Fier, Albania
– Momentum Public Relations – May 18th, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS) (FRANKFURT:IWI) is pleased to announce its collaboration with the city of Fier, Albania (“Fier”). IWS and Fier have agreed to collaborate on a strategic plan to develop District Energy Networks utilizing IWS’s SHARC wastewater heat exchange system along with the integration of sewage treatment capabilities. The collaboration is a result of recent meetings in Albania between IWS CEO Mr. Lynn Mueller and The Honorable Mr. Armando Subashi, Mayor of Fier.
The district of Fier is located in south east Albania, home to approximately 200,000 people of which 100,000 live in the city of Fier. Fier is the centre of the oil & gas and chemical industries in Albania, a region that includes the nearby Patos-Marinza oilfield, the largest on shore oilfield in Europe which is operated by Canadian company Bankers Petroleum Ltd.
Albania’s dependence on hydropower generation and its vulnerability to weather patterns make energy supply and distribution a key challenge for the country. The early adoption of renewable energy technologies has been promoted via funding from IFC (International Finance Corporation, a member of the World Bank) and EBRD (European Bank for Reconstruction and Development). The EBRD and IFC programs seek to develop the market for renewable energy in Albania as a means to diversify the energy supply, develop green industries and support the country’s path towards the European Union.
Albania’s energy sector is currently suffering annual losses estimated at EUR160-200 million (World Bank estimates) creating an urgent need for energy efficiency improvements. The city of Fier and IWS seek to implement energy efficient technologies that serve the region’s energy needs, while creating a new industry centred in Fier that serves as a catalyst for economic and technological advancement for the entire region.
IWS intends to install District Energy Networks around the city that include treatment plants capable of treating 30 million litres of sewage per day. IWS technology will recycle the waste heat to provide a green, low cost heating and cooling supply for the city of Fier. Currently this sewage flows untreated through the local river system and into the sea.
IWS is partnering with the City of Fier to transform the city into a world leading example for sustainable energy infrastructure that generates green, low cost energy while providing ongoing social and economic benefits to the historic city of Fier. Lynn Mueller, CEO of IWS commented: “We are committed to developing long term, skilled jobs and programs to aid social change that will place Fier amongst the leading sustainable cities in the world. The City of Fier will serve as an example to cities worldwide that seek to create lasting environmental, social and economic benefits for its citizens through the adoption of energy efficient infrastructure”.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (CSE:IWS) (FRANKFURT:IWI) is a world leader in wastewater heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings.
- Published in Green Technology, International Wastewater Systems, News Home, Technology
IWS Provides Update to Shareholders
International Wastewater Systems (IWS:CSE)(IWI:FSE) Provides Update to Shareholders
– Momentum Public Relations – April 19th, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE: IWS) (FRANKFURT: IWI) is pleased to provide shareholders with an update on the Company’s business development activity and the expanding pipeline of international opportunities.
The pipeline of projects continues to grow in the UK, Canada and the USA, and with the recent announcement that a SHARC wastewater heat recovery system (“SHARC”) is to be installed at a facility operated by the Australian Wool Testing Authority (“AWTA”) in Melbourne, IWS now has a strategic presence on three continents.
IWS has been working closely with some of the world’s major water utility companies in North America & Europe, many of whom have expressed interest in supporting the deployment of IWS technology across their waste water infrastructure and to contribute to the international carbon reduction programme 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 (LON: SVT) (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 utilise the sewage flow contained in our 91,000km of sewers. We look forward to further developing our working relationship with IWS over the next 6 months.”
Commenting on the business development program Russ Burton, COO of IWS said: “the interest we are developing is significant and tangible, however we can’t underestimate the scale of the challenge that exists to convert the established thinking of combustion based heating engineers. But with the support of a number of UK and EU water companies, we are stimulating significant enquiries from single building adopters as well as developers looking to include low carbon district heating solutions into their project plans.”
The first UK installation for IWS at Borders college in Galashiels, Scotland was launched in December 2015 and has enabled IWS to showcase the credentials of the SHARC technology as a solution for District Heating, by connecting 5 plantrooms via a 1 km underground heat distribution network – a retrofit to older building stock, as well as demonstrating how the system can link into town sewer facilities, significantly increasing the market opportunity to heat buildings with limited water consumption.
At the Borders launch event Alan Scott, Finance Director of Scottish Water (a national water utility providing water and sewerage service across Scotland), said:
“Every day, Scottish Water provides customers with a massive 1.34 billion litres of drinking water, before collecting and treating 847 million litres of waste water. From industrial use to tourism, renewable energy and heating systems, Scotland’s vast water resources offer tremendous opportunities for added economic benefit.
The UK’s first sewage to heat scheme in Galashiels is an excellent example of how water resources can be harnessed and maximised, furthering the development of Scotland’s low carbon economy.
Scottish Water Horizons is delighted to have played a leading role in turning this initiative into reality. With 32,000 miles of sewer pipes throughout Scotland, we’re exploring the potential for this approach to be replicated at other locations, offering further environmental and heating cost benefits.
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.”
Lynn Mueller, CEO of IWS commented: “The Carbon Crunch remains the most pressing global challenge of our generation and our ability to form alliances with some of the world’s leading water companies is a testament to the quality of the technology we have developed. We see this as only the beginning of the implementation and growth phase for the world-leading heat recovery technology developed by IWS.”
The Company is working to capitalize on the global opportunities that are available and expand IWS branded technology by creating the strategic relationships necessary for the future success of SHARC, PIRANHA and other products currently under development. The relationships being developed require significant strategic planning and the Company will make further announcements as it progresses.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (CSE: IWS) (FRANKFURT: IWI) is a world leader in wastewater heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings.
- Published in Energy, Green Technology, International Wastewater Systems, News Home, Technology
International Wastewater Systems (IWS:CSE)(IWI:FSE) Featured by CNNMoney
IWS Featured by CNN
– Momentum Public Relations – April 15th, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(FRANKFURT:IWI) is pleased to announce that CEO Lynn Mueller was featured by CNN in an interview with reporter Jacqueline Wattles from CNNMoney.
The audio interview with CNN includes an in depth discussion of IWS’s wastewater heat exchange technology that provides up to 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of a building’s heating and hot water requirements, using an inexhaustible renewable energy source: wastewater.
The interview will be available on CNNMoney during April 2016 and IWS will provide an update once the interview is accessible on the CNN website.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (CSE:IWS)(FRANKFURT:IWI) is a world leader in wastewater heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings.
- Published in Blog, Green Technology, International Wastewater Systems, News Home
IWS to Present at El Paso Conference
IWS to Present at El Paso Conference
– Momentum Public Relations – April 11, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(FRANKFURT:IWI) is pleased to advise that Mr. Lynn Mueller, CEO of IWS will present today at the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) technical conference in El Paso, Texas.
Conference attendees include the City of El Paso Office of Resiliency and Sustainability, representatives from Fort Bliss (the largest army base in the US) and facilities managers from local universities and public infrastructure. Mr. Mueller will lead a technical discussion on the SHARC wastewater heat recovery system and its applications for commercial, industrial and residential buildings.
Founded in 1894, ASHRAE (www.ashrae.org) is a global society advancing sustainable technology for the built environment. The Society and its more than 50,000 members worldwide focus on building systems, energy efficiency, indoor air quality, refrigeration and sustainability.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (CSE:IWS)(FRANKFURT:IWI) is a world leader in wastewater heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings.
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