Press Releases
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
Energy Recovery Wins $8.3M of Egyptian Water Projects
SAN LEANDRO, CA / ACCESSWIRE / April 7, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced awards of USD $8.3M to supply its PX® Pressure Exchanger® devices ("PX") and related equipment and services to multiple desalination projects in Egypt."Energy Recovery prides itself on being a trusted partner to the desalination industry, and we remain dedicated to serving our customers as we ...... read more
Energy Recovery Announces Departure of VP, Oil & Gas, Appointment of New VorTeq(TM) Development Leader
SAN LEANDRO, CA / ACCESSWIRE / March 19, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced the departure of the company's Vice President of Oil & Gas, Eric Siebert."Eric's leadership has been integral to the development of VorTeq™ from its early stages to the advanced position we are in today. On behalf of the Board, I thank him for his contributions to Energy Recovery and wish him ...... read more
Energy Recovery to Host First Quarter 2020 Financial Results Conference Call on April 30, 2020
SAN LEANDRO, CA / ACCESSWIRE / March 17, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended March 31, 2020 on Thursday, April 30, 2020 after market close.The Company will also hold a conference call to discuss the first quarter financial results on Thursday, April 30, 2020 at 2:00 PM PDT / 5:00 PM EDT. Robert Mao, ...... read more
Energy Recovery Awarded $23.5M for Water Projects, Includes Contract for World's Largest Reverse Osmosis Desalination Facility
SAN LEANDRO, CA / ACCESSWIRE / March 12, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced awards of USD $23.5M to supply its PX® Pressure Exchanger® devices ("PX") and related equipment and services to multiple desalination projects across the Middle East and North Africa. Shipments for these contracts are expected to begin Q1 2020 and continue throughout the first half of 2021. ...... read more