Sept. 2 (Bloomberg) — Oasys Water Inc., a closely held
producer of water-treatment and desalination systems, has agreed
to provide technology that treats wastewater for reuse to a
coal-fired power plant in China.
The company has a licensing agreement with Beijing Woteer
Water Technology Co., which will deploy the system at China
Huaneng Group’s Changxing power plant in Zhejiang province. The
forward-osmosis, zero-liquid-discharge system will be able to
desalinate as much as 650 cubic meters (172,000 gallons) of
wastewater daily, beginning early next year, Oasys said today in
an e-mail. It declined to provide financial terms.
The $800 million global market for high-recovery
desalination systems may double over the next five years “if
systems in China are implemented at the anticipated rate,” said
Jim Matheson, chief executive officer of Oasys. The Changxing
power plant is one of 85 owned by Huaneng Group.
Oasys Chief Financial Officer Edward Freedman said in April
that the Boston-based company was “optimistic” about winning
bids in China, in addition to pursuing opportunities in
Australia, the Middle East and the U.S.
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Carlos Caminada, Robin Saponar