Duke Energy is among the investors in Source Global, which has created panels that generate clean drinking water from sunlight and water vapour.

Source Global, a US-based developer of renewable water generation technology, has raised $150m from investors including energy utility Duke Energy, CNBC reported yesterday.

Venture capital fund Breakthrough Energy Ventures, investment manager BlackRock and impact investment-focused private equity firm Lightsmith Group have also invested in the company.

Founded in 2015, Source Global has created hydropanels, which look similar to solar panels but which convert vapour and sunlight to clean drinking water rather than electricity.

The panels are powered by solar energy,…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
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