Energy Recovery Announces $28 Million in Desalination Contracts for Flagship PX Q400 Energy Recovery Device
These facilities will produce nearly 1.5 million cubic meters of water for municipal use in the Gulf, a significantly water-stressed region, and the awards demonstrate confidence in Energy Recovery’s latest innovation, the PX Q400. With the highest capacity and efficiency of any PX® Pressure Exchanger®, the Q400 offers best-in-class performance and the lowest projected life cycle cost of any proven ERD for seawater reverse osmosis (SWRO) desalination due to lower maintenance and operational expenditures.
“The PX Q400 is the new gold standard ERD for SWRO desalination,” said
All orders are expected to ship by Q4 2024. When installed, the PX Q400 devices are projected to prevent more than 600,000 metric tons of carbon emissions from entering the atmosphere, which is equivalent to removing roughly 130,000 passenger cars from the road each year.
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Certain matters discussed in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements are based on information currently available to us and on management's beliefs, assumptions, estimates, or projections and are not guarantees of future events or results, including the timing of shipments and the expected reduction in carbon emissions due to our products. Potential risks and uncertainties and any other factors that may have been discussed herein regarding the risks and uncertainties of the Company's business, and the risks discussed under "Risk Factors" in the Company's Form 10-K filed with the
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