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Government funding could lift Bay Area water investment sector
Jeremy Jacquot, VentureBeat, May 5, 2008
Excerpts from the article:
Seven Bay Area recycled water projects could pave the way for a wave of new investments in the growing sector if the Consolidated Natural Resources Act of 2008 is ratified by the president. The measure authorizes the U.S. Bureau of Reclamation to defray up to 25% of the projects’ construction costs.
The extra government push could be just what the staid water sector has been looking for: An opportunity for local startups to dive right in and begin reaping the rewards of a cleantech field with a lot of room to grow...
...Because water is still relatively cheap, there is an opportunity for an ambitious startup or two to capitalize on the coming shortages by developing cheaper, more effective water recycling technologies. The Palo Alto Research Center (which Dean Takahashi visited a few days ago), for example, is working on particle manipulation technologies that could be scaled up for applications like desalination and membrane-free filtration. Other technology categories that could see some growth are: energy efficiency of treatment and distribution systems, waste minimization/recycling and better identification/capture of new sources...
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