Press Releases

Energy Recovery Wins Award for Record-Breaking Floating Desalination Project in Saudi Arabia

SAN LEANDRO, CA / ACCESSWIRE / August 25, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced contracts totaling $4.7 million, including an award to supply PX® Pressure Exchanger® devices ("PX") to the largest floating desalination project in the world."Our pressure exchanger technology enables our customers to achieve maximum efficiency and energy savings in producing clean water, even ...... read more

Energy Recovery Reports Second Quarter Financial Results

SAN LEANDRO, CA / ACCESSWIRE / July 30, 2020 / Energy Recovery Inc. (NASDAQ:ERII) ("Energy Recovery," "we," "our," or the "Company"), a leader in pressure energy technology for industrial fluid flows, today announced its financial results for the second quarter ended June 30, 2020.Second Quarter 2020 Highlights:Product revenue of $19.3 million, flat year-over-year and a sign of stability of ...... read more

Energy Recovery Commissions New Production Facility

SAN LEANDRO, CA / ACCESSWIRE / July 28, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced that manufacturing of PX® Pressure Exchangers® ("PX") has begun in its newest production facility in Tracy, California. The opening of the 54,000 square foot facility marks the completion of a comprehensive manufacturing capacity increase plan that, combined with process optimization and ...... read more

Energy Recovery Wins Contracts Totaling Over $20 Million, Including Saudi Thermal to SWRO Mega Project

SAN LEANDRO, CA / ACCESSWIRE / July 14, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced project awards totaling $20.9 million, including a contract for the 400,000 cubic meters per day ("m3/day") Al Jubail II Seawater Reverse Osmosis ("SWRO") facility ("Jubail II"). Jubail II will replace the thermal capacity of the 136,000 m3/day Jubail I thermal desalination facility."This ...... read more

Energy Recovery Announces Virtual-Only 2020 Annual Meeting of Stockholders

SAN LEANDRO, CA / ACCESSWIRE / July 8, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced that, in light of COVID-19 health and safety considerations and potential travel disruptions, the Company will hold its 2020 Annual Meeting of Stockholders virtually via live audio webcast, taking place on Thursday, July 16, 2020, at 10:00 a.m. PDT.Stockholders can attend the virtual meeting via ...... read more

Energy Recovery Announces Exit From VorTeq(TM) Exclusive Licensing Agreement with Schlumberger

SAN LEANDRO, CA / ACCESSWIRE / June 29, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced an agreement with Schlumberger to exit its 15-year licensing deal for Schlumberger's exclusive use of Energy Recovery's VorTeq hydraulic pumping system. Under the terms of the new agreement, no further payments will be made by either party. Energy Recovery will now be fully responsible for ...... read more

Energy Recovery to Host Second Quarter 2020 Financial Results Conference Call on July 30, 2020

SAN LEANDRO, CA / ACCESSWIRE / June 16, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended June 30, 2020 on Thursday, July 30, 2020 after market close.The Company will also hold a conference call to discuss the second quarter financial results on Thursday, July 30, 2020 at 2:00 PM PDT / 5:00 PM EDT. Robert Mao, ...... read more

Energy Recovery Names Robert Mao President and Chief Executive Officer

Pamela Tondreau elected as Lead Independent Director SAN LEANDRO, CA / ACCESSWIRE / May 7, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced that its Board of Directors ("Board") has selected current Chairman and Interim President and CEO, Mr. Robert Yu Lang Mao, as President and CEO of Energy Recovery. Mr. Mao will continue to serve as Chairman of the Company's Board. In addition, ...... read more

Energy Recovery Reports First Quarter Financial Results

SAN LEANDRO, CA / ACCESSWIRE / April 30, 2020 / Energy Recovery Inc. (NASDAQ:ERII) ("Energy Recovery," "we," "our," or the "Company"), a leader in pressure energy technology for industrial fluid flows, today announced its financial results for the first quarter ended March 31, 2020.First Quarter 2020 Highlights:Total product revenue of $19.0 million, an increase of 18% year-over-yearTotal ...... read more

Energy Recovery Wins $2.5M of Chinese Industrial Water Projects

SAN LEANDRO, CA / ACCESSWIRE / April 22, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced new project awards totaling over $2.5 million. The Company will supply PX® Pressure Exchanger® devices ("PX") and related equipment and services to multiple desalination facilities in China with a combined capacity of more than 140,000 cubic meters per day, or more than 37 million gallons per ...... read more