Aris Water Solutions, Inc. Selected For Research Grant By The Department Of Energy
Portfolio Pulse from Happy Mohamed
Aris Water Solutions, Inc. (NYSE:ARIS) has been selected by the Department of Energy to receive a research grant for the treatment and desalination of produced water for non-consumptive agricultural use. The grant acknowledges Aris's efforts in water sustainability in the Permian Basin and supports the expansion of a greenhouse study with Texas A&M AgriLife. The study aims to optimize produced water treatment for agriculture, extract valuable minerals, and evaluate carbon sequestration benefits.
December 14, 2023 | 9:19 pm
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Aris Water Solutions, Inc. has been awarded a DOE research grant to advance its water treatment technology for agriculture, which may enhance its market position and innovation capabilities.
The DOE grant is a positive development for Aris Water Solutions, as it not only provides financial support but also validates the company's technology and efforts in water sustainability. This could lead to increased investor confidence and potential growth opportunities in the water treatment market, especially in the agricultural sector. The grant may also enhance the company's reputation and lead to further partnerships and projects.
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