Monday, July 27, 2020

Rainmaker Worldwide Announces Multi-Million Dollar Joint Solar Water Venture in the Bahamas and Contract for 50 Solar Capable Air-to-Water Units

PETERBOROUGH, ON, July 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Rainmaker Worldwide Inc. (OTC: RAKR) is working aggressively to position itself to be a leader in the multi-trillion-dollar global Water-as-a-Service (WaaS) industry. The partnership will produce and distribute bottled water using Rainmaker’s Solar Air-to-Water machines and is estimated to produce up to an annual 27 million USD in revenue when all required 50 machines are deployed.

Since August 2019, The Bahamas has endured the devastating aftermath of Dorian – the Category 5 Hurricane that swept across the Atlantic. Dorian hit Grand Bahama, The Bahamas largest island, with 297 kilometer-per-hour winds and a 9-meter storm surge that caused overwhelming destruction. Saltwater overflowed Grand Bahama’s drinking wells that nearly 55,000 residents depend upon. A March 9th article issued by Miami’s WLRN explains that three of the four water treatment plants on Grand Bahama went underwater, one of which supplied fresh water to 60 percent of the island. Six months after the hurricane, their tap water was still salty, far worse than saltwater concentration experienced after hurricanes Matthew and Irma.

Local partner Eric Strachan stated, “The Bahamian people face adversity time and time again in the weeks after these horrific storms. Dorian however has left the island without clean drinking water for nearly one year. Rainmaker’s cost-effective, sustainable, and modular technology can easily be deployed to help our situation, and Bahamian Spring Water has the ability to distribute Rainmaker’s high-quality drinking water to those in need.”

The partnership expects to require fifty Rainmaker Air-to-Water machines, which harvest fresh water from airborne humidity using zero chemicals, phased in over the next 3 years. The fifty solar capable Air-to-Water units will produce a combined volume of up to 250,000 liters of water per day, which Bahamians can access for a low rate of 12-30 cents per liter. The varied price per unit is based on the packaging and delivery required.  Read more >>