Daily Markup #898: Hydroleap’s wastewater recycling innovation aims to help Southeast Asia reduce carbon emissions by 33% by 2030, and more from this week

Photo credit: Hydroleap

Waste not, want not

  • Many of us may take access to safe drinking water for granted, but 844 million people worldwide can’t – of which 110 million live in Southeast Asia. Wastewater recycling is the answer, but conventional technology is reliant on chemical reactions with contaminants.
  • On top of producing additional waste, current processes are inefficient, consuming high energy, costs, and space.
  • 500-backed greentech company Hydroleap is stepping in with innovations that are more energy-efficient and chemical-free. The team shares that their solutions can help reduce carbon emissions, as well as power and water consumption, allowing clients to save around 50% to 60% in costs.
  • Their treatment process can remove up to 95% of pollutants in industrial wastewater and slash water discharge in cooling towers by 70%.
  • What’s more, their system is also scalable. The team has successfully signed up over 12 B2B clients across five key industries: F&B, cooling tower, desalination, palm oil, and construction.
  • Customers can choose between buying or leasing their equipment. For the former, customers invest initial capital expenditure based on unit size, gaining ownership of the system.
  • Meanwhile, the leasing involves a three- to five-year commitment with fixed monthly or usage-based payments. Customers can also subscribe to maintenance services. The company also sells water as a service, where the client pays for treated water based on usage.
  • Hydroleap’s revenue has grown 4.6x over the past 18 months, and the company aims to be profitable within the next two years.
  • Moving forward, the company plans to expand their services into other parts of Southeast Asia and its surroundings, to help the region achieve its goal to reduce emissions by 33% by 2030.
  • Read the full story on Tech in Asia.

Other stories you may have missed:

  • Carousell shows how buying and selling secondhand avoids carbon emissions, doing the job of 5.3 million trees
  • Atomionics brings a new era of precision and environmental consciousness to resource exploration with its ‘virtual drill’
  • Chickin Indonesia was recognized at the 2023 Entrepreneur Award ceremony by the Ministry of Cooperatives and SMEs, supporting the creation of a digital cooperative system
  • SOLS Energy partnered Bank Simpanan Nasional (BSN) to offer customers the BSN MyRinggit-i Solar Panel Financing for the purchase and installation of solar panels in residential homes
  • iMotorbike collaborated with Shell to open three new inspection centers at Shell stations, enhancing services for a broader customer base
  • Grab introduced a new beta feature called Family Account, designed for the heads of households to simplify ride management and payments for family members on the platform
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