- Energy and Water Development, a green-tech engineering solutions company focused on delivering water and energy to extreme environments, is looking to tap into an industry projected to hit $74.64 billion in valuation by 2030
- The company is looking to collaborate with green tech research and development centers in Europe, ultimately growing its presence in the region and carving out a market share
- Going forward, the company expects to outsource green tech platforms to commercialize its technology, in addition to pursuing growth of its intellectual property, not only through research but also through patent applications
Energy and Water Development (OTCQB: EAWD), a green-tech engineering solutions company focused on delivering water and energy to extreme environments, is doubling down on its three main business aspects to carve out a significant market share. Its focus on generation, supply, and maintenance in the water and energy business, has seen the company evolve, ultimately designing and offering sustainable and renewable solutions.
According to Allied Market research, back in 2020, the global green technology and sustainability market was valued at $10.32 billion. The report further pointed out that by 2030, this sector will be valued at $74.64 billion, representing a CAGR of 21.9%, mainly driven by growth in environmental awareness and increasing concerns among organizations and individuals about climate change (https://ibn.fm/o40d9). EAWD is now showing that its innovative solutions can offer serious hope for clean water access, in remote locations, directly from the atmosphere, with the help of no-grid solar. It is also optimistic that the ongoing conversation around climate change will be integral in growing its product’s uptake among consumers.
“With water scarcity becoming an increasingly pressing issue globally, our innovative technology offers a ray of hope by providing a reliable source of clean water while reducing reliance on traditional water sources,” noted Irma Velazquez, the company’s CEO (https://ibn.fm/bfpAa).
EAWD’s growing product line has seen application in the U.S., Mexico, and Germany. Although the focus has been in the U.S. and Mexico, the company has started to assemble its patent-pending innovative off-grid, self-sufficient energy supply Atmosphere Water Generation (“AWG”) systems in Hamburg, Germany, which marks a significant milestone. EAWD is also looking to collaborate with green tech research and development centers in Europe, ultimately growing its regional presence and carving out a market share while at it.
The company’s plan, going forward, is to outsource green tech platforms to commercialize its technology. It looks to do this while offering engineering and technical consultation services that will inform technological solutions to provide water and energy. Given its unique value proposition and offering, the EAWD’s management is optimistic that it will stand out in the market and assert itself as a leader in its space.
“We believe that we are poised to become a pivotal player in an industry that is not only rapidly expanding but also unlocking numerous new markets in response to these urgent environmental issues,” noted EAWD’s amended registration filing with the Securities and Exchange Commission (“SEC”) (https://ibn.fm/2PXfM).
The company has filed patent applications to achieve this objective, which is critical in growing its value and overall intellectual property. Its recent application in the U.S. in April was built on an international patent application and other filings in Canada, Mexico, Brazil, and Colombia. These initiatives point to the company’s confidence in its offering and its management’s understanding of its potential, increasing shareholder value and offering sustainable technological solutions that provide water and energy in places where it is increasingly needed the most.
For more information, visit the company’s website at www.Energy-Water.com.
NOTE TO INVESTORS: The latest news and updates relating to EAWD are available in the company’s newsroom at http://ibn.fm/EAWD
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