Energy Recovery wins $2.5m Saudi desal projects deal

Energy Recovery, a leader in pressure energy technology for industrial fluid flows, has won a contract worth $2.5 million to supply its PX pressure exchanger technology for desalination projects in Saudi Arabia.

The orders began shipping in the second quarter of 2017, with expected completion by the third quarter of 2017, said a company statement.

Energy Recovery will supply its PX-Q300 and PX-220 pressure exchanger devices for the plants, which will produce a total of up to 103,000 cu m of water per day.

Energy Recovery estimates the PX devices will reduce the total power consumption for all projects by 14.4 MW, saving a total of over 124.4 GWh of energy per year and avoiding 74,378 tons of CO2 emissions per year.

Energy Recovery's president and CEO Joel Gay stated: "We remain bullish on the outlook of the desalination market through the balance of 2017 and into 2018. These orders further solidify our position as a market leader in the Middle East desalination market, more specifically in Saudi Arabia, which remains a bellwether for mega project activity. As mentioned on our previous 2nd quarter 2017 earnings call, we remain laser-focused on our water business and will continue to guard our position as market leader and attack new opportunities to provide our Pressure Exchanger technology to customers seeking to optimize plant savings and operations."

Source: tradearabia.com