Provider of high efficiency water production and wastewater treatment solutions recognized as a top company in clean technology
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BOSTON - October 30, 2013 (Investorideas.com Water Stocks Newswire) Desalitech, a provider of high-efficiency water production and wastewater treatment solutions, was named in the prestigious 2013 Global Cleantech 100 list. The list, which consists of private clean technology companies judged to be the most likely to make significant market impact over the next five to ten years, is produced by Cleantech Group, a global market intelligence and consulting firm helping executives connect with innovation. Desalitech was selected out of 5,864 nominated companies based on its technology, market position, and ability to execute its solution.
"We are thrilled that our sustainable water treatment products are being recognized by the global cleantech community," said Desalitech CEO Nadav Efraty. "Water resources are under tremendous strain, and a lot of this pressure is coming from the industrial sector, which is responsible for nearly 60 percent of fresh water withdrawals in the developed world. Industry also produces wastewater that can be expensive to treat and dispose of. The need for more efficient and cost-effective water supply and wastewater treatment solutions is driving demand for our products, which deliver superior performance at lower cost."
Desalitech meets three tenets of clean technology by providing superior performance at lower costs, greatly reducing negative ecological impact, and improving the productive and responsible use of natural resources. Its patented Closed Circuit Desalination (CCD) systems are able to achieve recovery rates of 93% or greater, compared to 75% recovery or less with most conventional reverse osmosis systems. Higher recovery produces less waste per unit of purified water, resulting in lower disposal costs and reduced ecological impact. Furthermore, Desalitech CCD solutions require less energy than conventional reverse osmosis water treatment systems, reducing carbon footprint.
The Global Cleantech 100 list is unique because it highlights the promise of private clean technology companies from all around the world. The list is derived from Cleantech Group's own data and research, combined with the weighted qualitative judgments of hundreds of nominations, and the viewpoints of a 90-person panel of global experts. To qualify for the list, companies must be independent, for-profit, clean technology and not listed on any major stock exchange.
"The Global Cleantech 100 is a natural extension of our vision to help corporations and investors connect with innovation around the world," said Sheeraz Haji, CEO of Cleantech Group. "This list celebrates inspiring entrepreneurs, and serves as the industry standard on gauging where innovation is headed across key sectors."
Desalitech provides resource and cost efficient water production and effluent treatment solutions. Its patented next-generation CCDT process is a proven, highly flexible and low energy water treatment platform that represents the first major improvement in RO water treatment in decades. CCD systems lower costs by 20 to 60 percent by increasing water-use efficiency, reducing energy consumption, increasing flexibility and reliability and greatly reducing the emission of brine waste. With their unique capability of extracting purified water from challenging sources at high recovery rates, CCD products are ideal for industrial water and effluent treatment, agricultural water supply and inland brackish desalination.
About Cleantech Group
Cleantech Group helps clients accelerate sustainable innovation. The company's i3 platform allows subscribers to discover companies and explore cleantech trends strategically with proprietary real-time data. Cleantech Forums bring together thought leaders and innovators in the cleantech and sustainability ecosystem. The company's advisory services leverage expertise in designing and executing corporate strategies for sustainable growth and innovation sourcing. Details at www.cleantech.com
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