Press "Enter" to skip to content

Energy Recovery Bags Project Awards Worth $6M In Asia

  • Energy Recovery, Inc. (NASDAQ: ERII) has received contract awards totaling over $6 million for its PX Pressure Exchanger (PX) energy recovery devices, and related equipment and services to multiple seawaters reverse osmosis desalination facilities in Asia.
  • Energy Recovery estimates that the PXs supplied to these facilities will prevent more than 126,000 metric tons of carbon dioxide emissions per year.
  • Post the completion of the contracts, Energy Recovery to support the production of over 118 million cubic meters of freshwater per year.
  • These orders are scheduled to be fulfilled by the end of Q3 2021.
  • Price action: ERII shares trading lower by 0.91% at $20.61 on the last check Thursday.

This post was originally published on this site

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *