Energy Recovery Awarded $1.8 Million for Desalination Deal in Morocco
The Pressure Exchangers will be installed by Morocco’s
The plant is being developed under ONEE as the first public-private
partnership system, and will produce water for 500,000 people. The
plant’s capacity could potentially be doubled in the future.
Energy Recovery’s President and CEO
About
Energy Recovery (NASDAQ:ERII) develops award-winning solutions to
improve productivity, profitability, and energy efficiency within the
oil & gas, chemical, and water industries. Our products simplify complex
systems and protect vulnerable equipment. By recycling fluid pressure
that would otherwise be lost in critical processes, we save clients more
than $1.4 billion (USD) annually. Headquartered in the
Forward-Looking Statements
This press release contains forward-looking statements that reflect
management's current expectations, assumptions and estimates of future
performance and economic conditions. Such statements are made in
reliance upon the safe harbor provisions of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. The company cautions investors that any forward-looking statements
are subject to risks and uncertainties that may cause actual results and
future trends to differ materially from those matters expressed in or
implied by such forward-looking statements. Statements about our
expectations as to shipment timing are forward-looking and involve risks
and uncertainties.
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