The U.S. Trade and Development Agency (USTDA) has awarded $360,000 in grant funds to WorldWater & Power Corp. (OTC BB:WWAT.OB) to support a pilot project for water supply in Sri Lanka. The project is designed to assess solar technology methods to provide safe, sustainable water supplies to people in six villages near the tsunami-ravaged southern coast of Sri Lanka. Subject to satisfactory results of WorldWater’s ground water assessment study, WorldWater anticipates the award of the full contract of $1.1 million with the Ministry of Urban Development and Water Supply to pump and deliver water to 13,677 people in approximately 3,000 households in the six villages through use of its AquaMax(tm) solar water pumping systems.
Dr. Anand Rangarajan, Executive Vice President of WorldWater and Power Corporation, said, “This pilot project is intended to demonstrate how public and private sector partnerships could be forged to bring private sector investments to the critical area of rural water supply. This project will also demonstrate how commercially mature solar technologies can provide faster and less expensive solutions in the area of water supply compared to traditional piped schemes.”
About WorldWater & Power Corporation
WorldWater & Power Corporation is an international solar engineering and water management company with a patented solar technology that provides solutions to a broad spectrum of the world’s water supply and energy problems.
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