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ASCON SIGNS EXCLUSIVE JV WITH BOREAL LIGHT GMBH

By April 21, 2020 No Comments

Boreal Light GmbH & Ascon Group sign Exclusive JV

On the 20th of April 2020, Boreal Light GmbH and Ascon Group have signed an Exclusive Joint Venture for the promotion of Boreal’s well established Water Treatment Systems in the countries of Indonesia, Colombia and the Republic of Guinea.

Systems manufactured by Boreal Light are capable of delivering high quality hygiene drinkable, irrigation, fish farm and sanitation water from any kind of high saline and polluted water resources. Powered fully by solar, simplicity of the design and affordability of the cost of the systems manufactured by Boreal Light are the three main competences of the company.

The company’s goal is to give to the poorest communities’ access to clean potable water. According to the United Nations, more than two billion people worldwide have no access to clean drinkable water.

Boreal Light GmbH to date has already installed various systems worldwide. Since then, in addition to electricity, more than 50,000 people have had access to clean potable water in crisis countries such as Somalia, Yemen and Kenya. Winture® and WaterKiosk® are the two registered trademarks for systems and services offered by Boreal Light GmbH.

Boreal CEO Mr. Ali Al-Hakim: “With our products, we wanted to simplify the lives of people in Africa so that women and children no longer had to walk kilometers to pay a lot of money for polluted water. We have developed a technology for permanently monitoring the plants in remote villages from Berlin in order to be able to fix any problems that arise quickly and safely. In addition to drinking water, our system also supplies water for agriculture and fish farming. Our goal is to supply more than half a million people by the end of 2022. The shortage of water will affect more and more people in the future due to climate changes. ”

It is within this background that Ascon has decided to cooperate with Boreal, given its involvement in many remote mining and operating areas where local communities suffer from the lack of potable water and proper access to electricity. With this in mind, it is Ascon’s aim to support the communities in which Ascon operates in and to also encourage the respective Governments in their initiatives to provide clean water to all of their inhabitants.

Mr. Christian Barich, Ascon’s Director of international business development: “We are very proud and excited about our exclusive Joint Venture with Boreal Light GmbH as it gives us the opportunity to have a positive impact on the well-being of the communities that we operate in which very often are rather poor rural areas with little access to affordable drinking water and electricity. Boreal has the technical expertise and Ascon the international network to make this cooperation a successful blend and to fulfil our mutual desire to leave a positive footprint on this earth.”

About Boreal:

Boreal Light GmbH is a Berlin based company specialized on renewable energy solutions for water treatment facilities. The company designs and manufactures affordable solar water desalination systems for off-grid communities around the globe. The Company has been awarded with various accolades, including the innovation prizes by KfW Bank, the German state-owned development bank. (more info under www.winture.de)

About Ascon:

Ascon Group is an international oil and commodities trader since 1984 with presences in Europe, Asia, Africa and Central America and a deep knowledge of the exploration, mining and refining of various commodities. (www.ascongroup.de)

For further inquiries or if you have an interest in the Water Treatment Systems, please contact Mr. Barich under c.barich@ascongroup.de