Fluence Secures US $3.7M Desalination Contracts in Vietnam
Key points
- Fluence wins two significant seawater desalination contracts in Vietnam
- Total contract value is approximately US $3.7 million
- Projects to be operational before end of 2026
- Solutions will provide up to 7,500 m3 of potable water per day
Full summary
Fluence Corporation Limited (ASX: FLC) has announced the securing of two significant seawater desalination contracts in Vietnam, valued at approximately US $3.7 million. The contracts, awarded in partnership with SWater Kankyo Corporation, involve the design and supply of two water treatment plants utilizing multi-media filtration and reverse osmosis technologies. These plants, to be installed on Phu Quoc Island, will produce up to 7,500 m3 of potable water daily, addressing water scarcity challenges in the region. The projects are slated for completion before the end of 2026, demonstrating Fluence's capability to meet tight delivery timelines.
Guidance
Fluence expects the projects to be operational before end of 2026.
Outlook
Fluence sees growing demand for sustainable water management solutions in Southeast Asia, with potential for further contracts.
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