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- Fluence (FLC) has secured its first volume contract for the Yangtze River Great Production Program managed by China Three Gorges Group
- Headquartered in New York, Fluence is a leader in the decentralised water, wastewater and re-use treatment markets with its smart-product solutions —Aspiral, NIROBOX and SUBRE
- The Three Gorges orders, worth US$2.2 million (roughly A$2.9 million), are set to impact 11 Chinese provinces through rural wastewater treatment and upgrades to centralised wastewater treatment plants
- Meanwhile, Fluence has also secured a US$28,000 (A$37,000) contract with Beijing China Railway Science New Technology Co, a first for Fluence in China
- Further, the company nabbed a US$2.4 million (around $A3.1 million) deal to supply three NIROBOX units to drought-stricken Taiwan
- All up, the orders total around US$4.6 million (A$3.5 million) with more business anticipated to follow
- Fluence shares are up 2.44 per cent, trading at 21 cents each
Fluence (FLC) has secured its first volume contract for the Yangtze River Great Production Program managed by China Three Gorges Group.
Headquartered in New York, Fluence is a leader in the decentralised water, wastewater and re-use treatment markets with its smart-product solutions —Aspiral, NIROBOX and SUBRE.
The orders with Three Gorges, worth US$2.2 million (roughly A$2.9 million), involve 29 Aspiral membrane aerated biofilter reactor (MABR) units.
Fluence, together with its existing volume partner, Aerospace Kaitan Environmental Protection Technology, as well as Three Gorges’ subsidiary Yangtze River Ecological Environmental Protection Group Co, will implement treatment systems in 14 towns and rural townships in the Ningyuan and Dao counties of the Hunan province.
The program is set to impact 11 Chinese provinces and includes rural wastewater treatment and upgrades to centralised wastewater treatment plants.
Fluence Chairman and CEO Richard Irving commented on the orders.
“Following our first successful project with Three Gorges in the Wuwei county project last year, we are very pleased to welcome Three Gorges as a volume partner and to continue our volume partnership with Kaitain,” Richard said.
“We believe our MABR family of products, extending all the way from the Aspiral Micro suitable for a cluster of homes, to SUBRE — suitable for central plant upgrades — present the most competitive solutions when top-quality wastewater treatment is required,” he added.
China rail order first in country for wastewater reuse
Meanwhile, Fluence has also secured a contract with Beijing China Railway Science New Technology Co., which is wholly owned by China Academy of Railway Sciences Cooperation.
The US$28,000 (around A$37,000) agreement will deliver two of the company’s Aspiral Micro units to treat and reuse wastewater at sites including Beijing.
For Fluence, this is the first project of its kind in China, with the product chosen for its ability to treat wastewater to the high quality needed for reuse or irrigation, in addition to its remote operation and rapid deploy and commission capabilities.
“Importantly, China’s latest Five Year Plan (2020–2025) for the first time specifies wastewater reuse targets ranging from 25 to 35 per cent in water-stressed regions, which is anticipated to require significant deployment of new and upgraded treatment,” Richard commented.
First multi-unit NIROBOX order secured in Taiwan
Further, the company has also nabbed a US$2.4 million (around $A3.1 million) deal to supply three NIROBOX units to drought-stricken Taiwan.
Commissioning is expected next month with units to be installed in Taichung, where they will convert seawater into freshwater to meet the needs of up to 30,000 people living in the country’s centre.
“This order reinforces our recent decision to focus sales of NIROBOX in South East Asia, in addition to the Middle East and North America,” Richard said.
“We anticipate that local drought conditions, combined with increased demand for smart, automated, decentralised solutions, will lead to further business in Taiwan and the region.”
All up, the orders received across China and South East Asia total US$4.6 million (A$3.5 million). Fluence anticipates more business to follow.
Fluence shares are up 2.44 per cent, trading at 21 cents at 9:59 am AEDT.
