Press Releases
Energy Recovery Signs Licensing Agreement with Alderley for Centrifugal Products in the GCC
SAN LEANDRO, Calif., April 5, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced a new licensing agreement with Alderley plc, a leading global supplier of integrated modular skid systems for oil and gas applications. The 10-year licensing agreement will grant Alderley exclusive rights to sell and ...... read more
Energy Recovery Announces Share Repurchase Program
SAN LEANDRO, Calif., March 30, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced that its Board of Directors approved a share repurchase program that authorizes the company to purchase up to $15 million of the company's outstanding common stock. Energy Recovery's President and CEO Joel Gay stated, "In ...... read more
Energy Recovery Selects Kemper as Design Partner for Second Generation VorTeq™ Missile
SAN LEANDRO, Calif., March 28, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced a new partnership with Kemper Valve and Fittings Corp., a Caterpillar company (NYSE: CAT), to design and produce the second generation manifold trailer, or missile, for Energy Recovery's VorTeqTM hydraulic pumping system. ...... read more
Energy Recovery Reports Record Fiscal Year End 2016 Financial Results
SAN LEANDRO, Calif., March 8, 2017 /PRNewswire/ -- Energy Recovery Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company"), the leader in pressure energy technology for industrial fluid flows, today announced its financial results for the fiscal year and fourth quarter ended on December 31, 2016. Full Year Summary: Revenue increased 22% year-over-year to $54.7 million, the strongest top-line ...... read more
Energy Recovery to Host Fourth Quarter and Fiscal Year 2016 Financial Results Conference Call on March 9, 2017
SAN LEANDRO, Calif., Feb. 23, 2017 /PRNewswire/ -- Energy Recovery Inc. (NASDAQ: ERII), the leader in pressure energy technology for industrial fluid flows, today announced it will release its financial results for the period ended December 31, 2016 on Wednesday, March 8, 2017 after market close. The Company will also hold a conference call to discuss the fourth quarter and fiscal year 2016 ...... read more
Energy Recovery Awarded $2.36 Million for Desalination Projects in India
SAN LEANDRO, Calif., Feb. 22, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced total awards of $2.36 million to supply its PXTM Pressure ExchangerTM technology for desalination projects in India. The orders are expected to ship in the first half of 2017. Energy Recovery will supply its PX-Q300 ...... read more
Energy Recovery Signs Partnership with Düchting Pumpen to Bolster New Financial Offering in Desalination
SAN LEANDRO, Calif., Jan. 18, 2017 /PRNewswire/-- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced the signing of a master agreement with Düchting Pumpen, a German-based pump manufacturer. The agreement will launch a collaborative partnership between the two companies, and will package Energy Recovery's latest Pressure ...... read more
Energy Recovery Awarded $4.4 million for Desalination Projects in North Africa
SAN LEANDRO, Calif., Dec. 7, 2016 /PRNewswire/-- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced total awards of $4.4 million to supply its PXTM Pressure ExchangerTM technology for desalination projects in North Africa. The orders are expected to ship in the first half of 2017. Energy Recovery will supply its PX-Q300 ...... read more
Energy Recovery To Replace Isobarix Technology in Milestone Retrofit Opportunity in Middle East
SAN LEANDRO, Calif., Nov. 29, 2016 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ: ERII), the leader in pressure energy technology for industrial fluid flows, today announced that the company has been awarded another brownfield retrofit opportunity to install its industry leading PX™ Pressure Exchanger™ technology. The retrofit, located in the Middle East, marks the first time the Company will ...... read more
Energy Recovery Named Manufacturer of the Year by Prestigious 2016 Texas Oil & Gas Awards
SAN LEANDRO, Calif., Nov. 7, 2016 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, has been recognized as Manufacturer of the Year by the prestigious 2016 Texas Oil & Gas Awards. The Awards recognized the innovation of Energy Recovery's VorTeqTM hydraulic pumping system. The VorTeq system addresses a major pain point in ...... read more