heavy water in tanks Volvo 2006 d12

Hi everyone. I have a lot of water in my tanks(draining the tanks two times a day) The ,, water" is with rusty color. I'm with green antifreeze and the water drained from the tanks don't look like antifreeze. This summer I changed the air compressor, the drier and the coverner. My air pressure is something between 100 and 110 psi. Also I put alcohol in the system. Do you know how to check if the drier is working properly. Is there any chance all that water to come from the air compressor(again the water is with brown rusty color). Thanks in advance.

 

Thanks for the respond.I changed the drier with the filter four months ago.

 

I will check for spitting water tomorrow. How the drier actually works? Is it drying the water in the system or just spitting the water out? Today I checked the fuse for the drier-It was fine.

 

Couldn't wait till tomorrow. I just checked the dryer. There is no spitting of water when reach the max pressure. Also checked the positive and the negative from the cable connected to the dryer (so there's electricity powering the dryer). Well I think I will change the dryer and the filter again.