November 22, 2024

ENOWA, ITOCHU, VEOLIA signs MoU for Desalination Plant in NEOM

Facebook
Twitter
LinkedIn
ENOWA, ITOCHU, VEOLIA MoU Signing Ceremony From left to right: Robert Garner, Head of Water Supply, ENOWA. Kenji Otsuka, CEO Middle Eastern Bloc, ITOCHU. Peter Terium, CEO, ENOWA. Gavin Van Tonder, Executive Director, ENOWA. Pascal Grante, CEO Near & Middle East, Veolia

ENOWA, the energy, water, and hydrogen subsidiary of NEOM, signed a Memorandum of Understanding (MoU) with Japanese trading company, ITOCHU, and Veolia, a global leader in water, waste, and energy management solutions. As part of the MoU, the companies have agreed to collaborate to develop a first-of-its-kind selective desalination plant powered by 100% renewable energy in OXAGON, NEOM’s advanced manufacturing, and innovation city.

ENOWA, ITOCHU, VEOLIA Logo

This MoU supports ENOWA’s ambition to develop advanced green desalination systems and create future water solutions to tackle global water scarcity. ENOWA’s water team is changing the future of water supply through pioneering desalination systems and technologies.

Industry sources stated that the partnership is set to unveil its early water in 2024, the new facility will be key to realizing ENOWA’s ambitions to create a sustainable, abundant water supply for residential, industrial, and commercial use.

Aligned with NEOM’s commitment to developing a circular economy, the new state-of-the-art plant will use advanced membrane technology to produce separate brine streams. This empowers ENOWA to produce brine-derived products, which will be developed and monetized downstream. Brine, which is usually considered a waste output of desalination, will be used to produce significant quantities of valuable industrial materials that can be used locally or exported internationally.

Commenting on the MoU, Peter Terium, CEO of ENOWA, stated: “Partnering with global leaders in sustainable water solutions is key to NEOM’s ambition to become a global benchmark for integrated sustainable water systems. At ENOWA, our vision is to create a sustainable abundance of life’s most essential elements, all in harmony with nature. We will be producing, treating, and reusing water in one of the most water-stressed regions in the world, through sustainable, innovative, and integrated solutions. This new desalination plant is one example of the type of sustainable infrastructure and circular economy we are developing to meet our zero-carbon footprint and zero-waste goals.”

The new plant will meet the water needs of NEOM with a production capacity of 500,000m3 of desalinated water per day by project completion in 2025, approximately 30% of NEOM’s forecasted total water demand. In line with NEOM’s environmental goals, it will use advanced and innovative membrane separation technologies to produce water, as well as concentrated brine streams.

This enables the brine to be classified as a product, rather than waste, therefore minimizing the plant’s environmental impact and redefining the entire business model for desalination facilities of the future. Brine generated from the desalination plant will be treated by ENOWA to feed industries utilizing High Purity Industrial Salt, Bromine, Boron, Potassium, Gypsum, Magnesium, and Rare Metal feedstocks.

Kenji Otsuka, CEO of the Middle East Bloc of ITOCHU, stated: “ITOCHU is honored and proud to collaborate with ENOWA and Veolia to develop this landmark desalination plant in NEOM which advances the concept of Zero Liquid Discharge. With our global experience, ITOCHU will enhance our contribution to sustainable living in line with the Kingdom’s and NEOM’s goal of creating a decarbonized, recycling-oriented, and innovative society.”

Pascal Grante, CEO of Near and Middle-East, Veolia, stated: “Veolia is delighted to partner with ENOWA and ITOCHU to support the development of NEOM. The project is aligned with the circular economy model that Veolia aims to deploy in all its projects worldwide.”

Gavin Van Tonder, Executive Director of ENOWA Water Sector, commented: “ENOWA aims to provide a blueprint for green, sustainable water production, management, and treatment, which can be scaled throughout the world. The technology developed as part of this MoU and used in NEOM to provide water could be exported to other countries to tackle global water scarcity.”

Source

Share.

RELATED POSTS

The MoU was signed by Professor Zeger Degraeve, Dean of MBSC, and Majed AlMuhanna, Chief Human Capital Officer of SNBC.
MBSC signs MoU with SNB capital
Peter Terium, CEO of ENOWA.
Air Products Qudra signs accord with ENOWA
Samsung-Omantel-partnership
Samsung and Omantel partner to jointly enhance brand visibility of Omantel
  • Capital Securities Corp
  • Asialink Finance

LATEST POSTS

Iconomi Receives Leading Crypto Asset Management Platform in both the Netherlands and the UK by International Business Magazine
Mashreq, a leading financial institution in the MENA region, proudly announces the appointment of Philip Philippides as the new CEO of Mashreq Capital. Image courtesy Mashreq
Mastercard and Fundbot, a UAE-based fintech firm specializing in supply chain financing, have announced a collaboration to accelerate business-to-business (B2B) payment flows across all industries. Image courtesy: Mastercard
Bank NXT signed a cooperation protocol with the Urban Development Fund (UDF). Image courtesy: Bank NXT