Monday, August 14, 2017

Energy Recovery wins $2.5m orders for desalination projects in Saudi Arabia

Energy Recovery, a provider of pressure energy technology for industrial fluid flows, has secured contracts worth $2.5m to supply its PXTM Pressure ExchangerTM technology for desalination projects in Saudi Arabia.

The orders will be shipped in the second quarter of 2017, with expected completion by the third quarter of 2017.

Energy Recovery will supply its PX-Q300 and PX-220 Pressure Exchanger devices for the plants.

These plants will produce a total of up to 103,000m3 of water per day.

According to Energy Recovery estimates, the PX devices will cut down the total power consumption for all projects by 14.4 MW, thereby saving a total of over 124.4 GWh of energy per year and annually reducing 74,378 tonnes of CO2 emissions.

Energy Recovery president and CEO Joel Gay said: "We remain bullish on the outlook of the desalination market through the balance of 2017 and into 2018. These orders further solidify our position as a market leader in the Middle East desalination market, more specifically in Saudi Arabia, which remains a bellwether for mega project activity. 

"As mentioned on our previous 2nd quarter 2017 earnings call, we remain laser-focused on our water business and will continue to guard our position as market leader and attack new opportunities to provide our Pressure Exchanger technology to customers seeking to optimize plant savings and operations."



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