Press Releases
Energy Recovery Awarded Nearly $17 Million in Desalination Contracts in the Gulf Region
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery (NASDAQ: ERII) today announced a collection of contracts totaling nearly $17 million to supply PX® Pressure Exchanger® energy recovery devices for desalination facilities in the Gulf region. These PX devices are expected to prevent over 400,000 metric tons of carbon emissions from entering the atmosphere each year, the equivalent of ...... read more
MSCI Upgrades Energy Recovery’s ESG Rating to AAA
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII) announced today that MSCI upgraded the company from an AA rating to its highest rating of AAA in its latest environmental, social, and governance (ESG) assessment completed on July 4, 2023. MSCI’s evaluation recognizes Energy Recovery as one of the highest performing companies within the Industrial Machinery industry ...... read more
Energy Recovery Announces Appointment of Refrigeration, Water Executives to Board of Directors
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII) today announced the appointment of refrigeration executive David Moon and water solutions leader Colin Sabol to its Board of Directors. “Mr. Moon and Mr. Sabol’s extensive expertise in their respective fields will be a great asset as we continue expanding our PX technology into new markets and advancing the ...... read more
Energy Recovery to Release Second Quarter 2023 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending June 30, 2023, and will host a conference call to discuss quarterly results and related matters on August 2, 2023 after market close. EARNINGS RELEASE Wednesday, August 2, 2023 (after market close) LIVE CONFERENCE CALL Wednesday, ...... read more
Energy Recovery, Inc. Awarded Refrigeration Innovation of the Year Award
PX G1300 pressure exchanger features high-performance technology for CO2 systems that work more efficiently as temperatures rise SAN LEANDRO, Calif.--(BUSINESS WIRE)-- At the conclusion of the ATMO Awards Ceremony of the Atmosphere America Summit 2023 in Washington D.C., Energy Recovery, Inc. earned the prestigious Refrigeration Innovation of the Year Award for its PX G1300TM Pressure ...... read more
Energy Recovery Inc. Announces Expanded U Series Product Line
New models include the U20, U80, and U250 for enhanced efficiency and reliability in industrial applications SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery Inc., a market leader in energy recovery devices (ERDs), has announced the expansion of its PX® Pressure Exchanger® Ultra High-Pressure Series (U Series) product line, tailored for ultra high-pressure reverse osmosis (UHPRO) ...... read more
Energy Recovery Reports First Quarter 2023 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the first quarter ended March 31, 2023. First Quarter Highlights Revenue of $13.4 million, and within February 2023 guidance. Lower gross margin of 60.9%, as compared to Q1’2022, driven mainly by an increase in pump and hydraulic turbocharger ...... read more
Energy Recovery Awarded Over $8 Million in Desalination Contracts in Chile
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery (NASDAQ: ERII) today announced a collection of contracts totaling over $8 million to supply PX® Pressure Exchanger® energy recovery devices and accessories to desalination facilities in Chile. These contracts are for mining applications and demonstrate the region's continuing investment in desalination. Chile is the world's No. 1 copper ...... read more
Energy Recovery to Host First Quarter 2023 Financial Results Conference Call on May 3, 2023
SAN LEANDRO, CA. — April 19, 2023 — Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending March 31, 2023, and host a conference call to discuss the quarterly results and related matters on May 3, 2023 after market close.... read more
Energy Recovery's PX G1300 Technology Unveiled as Key Component in Epta Group's Next-Generation CO2 Refrigeration System
SAN LEANDRO, CA / ACCESSWIRE / February 27, 2023 / Energy Recovery, Inc.® (NASDAQ:ERII) today announced its PX G1300™ energy recovery device is a featured component in Epta Group (Epta)'s next-generation commercial CO2 refrigeration system, the XTE (Extra Transcritical Efficiency). Epta, independent global player and leader specialized in commercial refrigeration, unveiled the XTE on the first ...... read more