Energy Recovery ($ERII) Lands Contracts for Mega Desalination Projects in Gulf Region

Green Stock News

Energy Recovery (NASDAQ: ERII), a company that specializes in commercial and industrial fluid-flow markets, has secured contracts exceeding $28 million for its advanced PX Q400 Pressure Exchanger® energy recovery device (ERD). These contracts are designated for major desalination projects in the Gulf region, aiming to produce approximately 1.5 million cubic meters of water for municipal use in this water-stressed area.

The PX Q400, known for its superior capacity and efficiency, represents a significant innovation, providing best-in-class performance and the lowest projected life cycle cost for seawater reverse osmosis (SWRO) desalination. All orders are scheduled for shipment by Q4 2024.

Rodney Clemente, Energy Recovery Senior Vice President of Water stated: “These mega desalination facilities are fulfilling a critical need to supply water in the Gulf at a low cost, and by choosing the PX Q400, our customers are demonstrating trust in our ability to innovate and provide the best performing ERD while continuing to deliver the reliability that they expect from Energy Recovery.”

With a strong foundation in the desalination industry, Energy Recovery has delivered transformative solutions that increase operational efficiency and deliver positive environmental impact worldwide.

Shares of Energy Recovery trade on the NASDAQ under the ticker symbol ERII. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com