ERII - Energy Recovery gets $17M contracts in gulf region
2023-07-25 07:53:52 ET
Energy Recovery ( NASDAQ: ERII ) gets a collection of contracts totaling nearly $17M to supply PX Pressure Exchanger energy recovery devices for desalination facilities in the Gulf region.
These PX devices are expected to prevent over 400K metric tons of carbon emissions from entering the atmosphere each year, the equivalent of removing over 85K passenger cars from the road each year.
These contracts include a municipal desalination facility that will produce over 500K cubic meters per day (132M gallons) in a significantly water stressed region.
The facilities are for both municipal and industrial applications, and the orders are expected to be fulfilled by Q4 2023.
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Energy Recovery gets $17M contracts in gulf region