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SOURCE GLOBAL ACQUIRES PROUD SOURCE WATER

ACQUISITION ESTABLISHES A NEW SUSTAINABILITY STANDARD IN BOTTLED WATER

(Scottsdale, AZ) March 8, 2023 — SOURCE Global, the developer of the SOURCE® Hydropanel, the world’s first technology to sustainably generate renewable drinking water from the atmosphere, is proud to announce the acquisition of Proud Source Water, a leader in sustainably bottled spring water.  Combining the resources and technological expertise of these two companies will transform the industry creating a new standard in bottled water — renewable water sourced from the air and delivered in infinitely recyclable packaging.

The two longstanding public-benefit corporations share similarities in values and have combined to provide the first completely renewable, sustainable bottled water. The acquisition of Proud Source enables SOURCE Global to bring the principles of renewable technology to the bottled water industry. The relationship will initially expand the Proud Source product portfolio to include both spring and renewable water.

 “Our Hydropanels allow us to establish a source of clean, sustainable water almost anywhere on the planet, without the need to extract from existing freshwater resources. The technology is powered entirely by the sun and the water is produced from vapor in the air, making it a truly renewable approach. Coupling that capability with the acquisition of Proud Source results in a bottled water offering that is good for people and the planet.” said Dr. Cody Friesen, CEO and founder of SOURCE Global.

SOURCE Global developed Hydropanels to make drinking water an unlimited resource around the globe. Proud Source Water currently bottles their water from two sustainably managed springs in Idaho and Florida. Arrays of Hydropanels will soon be installed at the bottling facilities, and the on-site Hydropanel farms mean that there is no need for transportation, minimizing waste and emissions. This renewable Proud Source water will be available at retail and food service nationally in early 2024.

“SOURCE Hydropanels are as disruptive to the water industry as solar PV panels are to the energy industry,” says Neil Grimmer, Global CPG President for SOURCE Global. “Integrating our technology into the Proud Source manufacturing process is an industry game changer. I can’t imagine a more perfect and transformative combination.”

Operationally, Proud Source will be the bottled water division of SOURCE Global. With the acquisition, SOURCE Global’s Brand President, Neil Grimmer, is promoted to Global CPG President, overseeing all consumer-packaged goods initiatives, worldwide. Proud Source Water President, CJ Pennington, will join the U.S. leadership team reporting directly to Neil Grimmer.

“Proud Source Water was launched with the commitment to deliver the cleanest and most sustainable water on the planet,” says CJ Pennington. “Now with the renewable water technology SOURCE brings to the process we are able to take that pledge to an unprecedented level.”

About SOURCE Global, PBC

SOURCE Global exists to “perfect water for every person, every place”. The company’s SOURCE® Hydropanels create drinking water using sunlight and air as the only inputs, putting the power of safe, high-quality water production into the hands of every person in nearly every climate and corner of the world. The infrastructure-free nature of Hydropanels means that the company has been providing off-grid, renewable drinking water to communities, homes, corporate campuses, hotels, islands without infrastructure, remote work sites, and other applications, now in more than 50 countries in six continents.

A Public Benefit Corporation, SOURCE Global’s mission is to make drinking water an unlimited resource. SOURCE is bringing water where people need it to be in a sustainable and environmentally friendly way –making water accessible wherever you go. Headquartered in Scottsdale, Arizona, SOURCE is on Fast Company’s 2020 list of most innovative social good companies. SOURCE® is a registered trademark of SOURCE Global, PBC.

For more information on SOURCE Global visit www.source.co. You can also follow SOURCE on Facebook (https://www.facebook.com/sourcewater), LinkedIn (https://www.linkedin.com/company/sourceglobal), Instagram (https://www.instagram.com/sourcewater/),  and Twitter (https://twitter.com/sourcewaterco).

About Proud Source Water

Proud Source Water is Water Done Different™, making a positive impact through a fundamentally different approach to water: caring for our planet, our communities and our health all at the same time.  A certified B-corporation, Proud Source sources from domestic springs in the Rocky Mountains of Idaho and the Apalachicola Forest of Florida and bottles in infinitely recyclable aluminum.  It is naturally alkaline with minerals and electrolytes producing a pH of 8.1+/- without any additives. The water is sustainably produced and bottled directly at the source, leveraging energy efficient methods to reduce the company’s carbon footprint.  Based in Boise, Idaho, Proud Source is available in Still and Sparkling varieties, with nationwide distribution at retailers, food service establishments, hotels, stadiums, corporate campuses, and online retailers. For more information on Proud Source Water visit www.proudsourcewater.com. You can also follow Proud Source Water on Facebook (https://www.facebook.com/ProudSourceWater/), Instagram (https://www.instagram.com/proudsourcewater/) and LinkedIn (https://www.linkedin.com/company/proud-source-water/).

This is the end of this article. Source Logo Mark

Hydropanel Production Tool

Hydropanel water production tool

For an accurate per Hydropanel production value in your area, please enter your zip code below.

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Hydropanel General Installation Requirements:

  • Sunny mounting location – The SOURCE Hydropanel works best in full sun. Unobstructed sunlight required at least 5 hours per day. Avoid placing under shading objects such as trees, buildings, etc.
  • 4 x 6 foot (1.2 x 1.8 meters) mounting area per Hydropanel.
  • Minimum clearance of 1ft (30cm) in front of and behind the panels to allow access for service.
  • Minimum 3 inches (8 cm) between hydropanels from side to side within an array.
  • SOURCE Hydropanels must be installed at least 15 feet (5 meters) away from windows and should be positioned considering hydropanel sound with respect to living spaces.
  • SOURCE Hydropanels must be level from side-to-side with a maximum deviation of 20mm.
  • Hydropanel must be South Facing (180°) for locations in the Northern Hemisphere, or North facing (0°) for locations in the Southern Hemisphere.
  • The installation surface must be level. For example, a flat roof, or level ground.
  • Roof mounted hydropanels must be at least 3 feet (1 meter) away from the edge of any structure.
  •  
  • Adequate structural integrity of the roof is required. Do not install on a roof that is damaged or otherwise insufficient to hold the weight and wind loads of the hydropanel.
  •  
  • Consider whether there is space for a crane to set up and lift the hydropanels to their mounting location.
  • Ground locations should be firm, level, and evenly composed. The hydropanel can be placed on blocks, concrete, or mounted to lumber to provide a stable base to sit on.
  •  
  • Consider factors like soil composition, and how to manage erosion or plant growth over time.
  •  
  • Avoid installing the hydropanel where they may be wetted from irrigation sprinklers.
  •  
  • Ensure the hydropanel is raised above the specified flood plain.
  •  
  • Hydropanel should be anchored to the ground or sufficiently ballasted to prevent movement or damage from high winds.

Hydropanel General Installation Requirements:

  • Sunny mounting location – The SOURCE Hydropanel works best in full sun. Unobstructed sunlight required at least 5 hours per day. Avoid placing under shading objects such as trees, buildings, etc.
  • 4 x 6 foot (1.2 x 1.8 meters) mounting area per Hydropanel.
  • Minimum clearance of 1ft (30cm) in front of and behind the panels to allow access for service.
  • Minimum 3 inches (8 cm) between hydropanels from side to side within an array.
  • SOURCE Hydropanels must be installed at least 15 feet (5 meters) away from windows and should be positioned considering hydropanel sound with respect to living spaces.
  • SOURCE Hydropanels must be level from side-to-side with a maximum deviation of 20mm.
  • Hydropanel must be South Facing (180°) for locations in the Northern Hemisphere, or North facing (0°) for locations in the Southern Hemisphere.
  • The installation surface must be level. For example, a flat roof, or level ground.

Roof Mount Requirements:

  • Roof mounted hydropanels must be at least 3 feet (1 meter) away from the edge of any structure.
  • Adequate structural integrity of the roof is required. Do not install on a roof that is damaged or otherwise insufficient to hold the weight and wind loads of the hydropanel.
  • Consider whether there is space for a crane to set up and lift the hydropanels to their mounting location.

Ground Mount Requirements:

  • Ground locations should be firm, level, and evenly composed. The hydropanel can be placed on blocks, concrete, or mounted to lumber to provide a stable base to sit on.
  • Consider factors like soil composition, and how to manage erosion or plant growth over time.
  • Avoid installing the hydropanel where they may be wetted from irrigation sprinklers.
  • Ensure the hydropanel is raised above the specified flood plain.
  • Hydropanel should be anchored to the ground or sufficiently ballasted to prevent movement or damage from high winds.

Hydropanel Calculator

The amount of water you consume will determine how many panels you’ll need and the size of tanks we recommend. Use our calculator below for our panel and tank recommendation.

Each panel produces on average 180 bottles per month (16.9 oz bottles). For a more accurate estimation based on your location use this tool.

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