Energy Recovery Inc (NASDAQ:ERII) designs and develops an innovative technology that drastically reduces energy consumption in the process of producing clean water. Energy Recovery's PX Pressure Exchangers (PXs) devices recover energy from the high pressure reject stream of seawater reverse osmosis systems at up to 98% efficiency. The company recently acquired Pump Engineering, a leading provider of Turbocharger hydraulic turbine energy recovery devices and pumps for desalination, gas and liquid processing applications. In total, these technologies are saving more than 890 MW of energy, reducing CO2 emissions by more than 4.7 million tons per year and helping to produce 6 billion liters of water per day - enough to serve every person on the planet.
Energy Recovery Inc (ERI) is headquartered in the San Francisco Bay Area with offices in key desalination centers worldwide, including Madrid, Shanghai, and the United Arab Emirates. Pump Engineering, an Energy Recovery Inc company is based in New Boston, Michigan. For more information, please visit www. energyrecovery.com or www. pumpengineering.com .
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