Energy Recovery Awarded $2.7 Million for Desalination Projects in China

Energy Recovery, Inc. (NASDAQ: ERII), the leader in pressure energy technology for industrial fluid flows, announced total awards of $2.7 million to supply its PXTM Pressure ExchangerTM technology for desalination projects in China. The orders will begin shipping in the fourth quarter of 2017.

Energy Recovery will supply its PX-Q300 Pressure Exchanger devices for the plants, which will produce a total of up to 115,000 cubic meters of water per day. Energy Recovery estimates the PX devices will reduce the total power consumption for all projects by 9.1 MW, saving a total of over 78.3 GWh of energy per year and avoiding 46,820 tons of CO2 emissions per year. 

Energy Recovery's President and CEO Joel Gay stated, "These awards further solidify Energy Recovery's position as the leader in ERD technology for the desalination industry, both globally and in the critical market of China.  As we move into 2018 and beyond, we expect to see private-public partnerships, enabled by the Chinese bond connect plan, further stimulate growth in this pivotal market.  We remain confident that our horizontal integration into project financed initiatives such as the Prime Performance ESA, and comprehensive packaged solutions with strong industry partnerships will ideally position us to battle the stochastic nature of this market while providing our best in class Pressure Exchanger technology to customers focused on optimizing their plant operations."

Energy Recovery | www.energyrecovery.com