Energy Recovery wins $2.5m orders for desalination projects in Saudi Arabia
Energy Recovery, a provider of pressure energy technology for industrial fluid flows, has secured contracts, worth $2.5m, to supply its PXTM Pressure ExchangerTM technology for desalination projects in Saudi Arabia.
The company will begin shipping the solution in the second quarter of 2017 and will complete by the third quarter of 2017.
Energy Recovery will supply its PX-Q300 and PX-220 Pressure Exchanger devices for the plants.
These plants will daily produce a total of up to 103,000m3 of water.
According to Energy Recovery estimates, the PX devices will cut down the total power consumption of all projects by 14.4MW, thereby annually saving a total of over 124.4GWh of energy whilst annually reducing 74,378t of CO2 emissions.
Energy Recovery president and CEO Joel Gay said: "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."