|Updated: 11/24/2005; 11:46:35 PM.
Sustainable Energy for Development: People, organizations, and projects active in environmentally benign energy sources for developing countries.
Friday, January 16, 2004
WorldWater News Sept 2003: "Ronda, Cebu, Philippines, will inaugurate the world’s first solar powered, prepaid municipal water distribution system .. For the first time, a municipal water distribution system utilizes smart card technology as a financing solution for community water production and to remove problems associated with the payment collection process. The Ronda system uses WorldWater’s proprietary AquaCard™ (Smart Card) debit card system, which operates directly with WorldWater’s AquaMeter™ solar pumping stations throughout the community. The project was made possible by a commercial loan from the Philippine National Bank (PNB), and required no special subsidies or grants. “This is one of the first times that PNB has been able to lend to a municipality the size of Ronda,” said Worldwater (Phils.) President John Herrman. “The bank’s willingness is based on the collection security of the ‘AquaCard™,’ which enables the community to recover its costs and pay off the loan.” .. Water purchased from the AquaMeter™ is not only clean, but is also significantly less expensive than water purchased from other sources. " 10:47:41 PM
Copyright 2005 © Ken Novak.
Last update: 11/24/2005; 11:46:35 PM.