(Nov. 17, 2008, GreenTech)

Water has long vexed investors. Statistics and news reports all confirm that many parts of the world face serious shortages of water that is suitable for human consumption and agriculture. Conservation measures, which would likely induce public panics if placed on gasoline, are being imposed on water supplies in the developing and developed world.

Demand for water technologies has increased in the face of the problem. Desalination expert Energy Recovery, meanwhile, pulled off one of the few successful green IPOs this year. Over 90 desalination projects have been announced in the last three years.  Meanwhile, General Electric and Siemens have been actively buying water companies since 2004.

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