Hidtrotop aims to optimize water usage, implement irrigation in rainfed areas and implement high-end technologies in rural areas in South America.
Second quarter profits were NIS 65 million, an increase of 23% compared with a net profit of NIS 53 million in the second quarter of 2021.
Mekorot is responsible for the Israeli water sector, using advanced technologies that attract the attention of water corporations and organizations from around the world.
Watergen’s technology enables the production of high-quality drinking water enriched with minerals from the air for home and commercial purposes.
The increase in revenues was achieved despite a decline in tariffs of about 1.5% at the beginning of 2022.
STMicroelectronics is hoping to reduce the company’s water consumption by 20% by 2025, thereby taking the industry lead in social and environmental responsibility.
A breakdown of all water sector data indicates that the supply of water by Mekorot increased to approximately 1,800 million cubic meters in 2021 from approximately 1,650 cubic meters in 2020.
The projects include the development of Israel’s domestic water sector as well as the design of how to supply water to neighboring countries, such as Jordan.
Designated by the government as a national infrastructural project, the system is set to connect Jerusalem and nearby settlements to desalinated Mediterranean waters.
Historically, Jerusalem has always been vulnerable to drought with the consequent danger of famine and starvation. There are very few natural water resources in this city.
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