NetworkNewsBreaks – Energy and Water Development
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Energy and Water Development Corp. (OTCQB: EAWD), a green-tech engineering company, is focused on delivering solutions to extreme environments emphasizing self-sufficient energy-supplied water generation and green energy production. With around 60% of Mexico experiencing moderate to exceptional drought and several months to go before the fall rainy season, concerns have arisen that one of the world’s most populous cities, Mexico City, may soon run entirely out of water. “Amid the crisis, ‘several significant landowners of the Magdalena Contreras Municipality’ of Mexico City, where more than 200,000 of the city’s residents live, signed a joint memorandum of understanding (‘MOU’) with Florida-based Energy and Water Development in December to deploy the company’s first Off-Grid Atmosphere Water Generation Plant on the American continent,” a recent article reads. “The Off-Grid Atmosphere Water Generation Plant is set to revolutionize how we address water scarcity challenges,” EAWD CEO Irma Velazquez said. “In its initial phase, the plant is expected to produce approximately 3.2 millions of liters of water annually by extracting moisture directly from the air. This project represents a beacon of hope in the face of severe water scarcity and offers a sustainable, off-grid solution to ensure a reliable and sustainable source of clean water for Mexico City residents.”
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