Energy Recovery Announces $15 Million in SWRO Contracts in India
Energy Recovery, Inc. (ERII)
Last energy recovery, inc. earnings: 4/30 04:02 pm
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Source: Business Wire
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced $15 million in contracts to supply its PX® Pressure Exchanger® energy recovery devices to seawater reverse osmosis (SWRO) desalination plants in India. All orders are expected to ship in 2024.All together, these plants will provide over 670,000 cubic meters of clean drinking water to communities in India each day. As one of the most water stressed countries in the world, India continues to invest in desalination projects in order to supplement its freshwater supply. The country is home to 18% of the world’s population but has only 4% of the world’s water resources.“India continues to face threats to its water supply on numerous levels including climate change, increasing demand for municipal, industrial, and agricultural use, as well as seawater intrusion into its diminishing groundwater supply,” said Rodney Clemente, Energy Recovery Senior Vice President of Water. “We have been helping Indi
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News
- Energy Recovery Announces $15 Million in SWRO Contracts in India [Yahoo! Finance]Yahoo! Finance
- Earnings Release: Here's Why Analysts Cut Their Energy Recovery, Inc. (NASDAQ:ERII) Price Target To US$21.00 [Yahoo! Finance]Yahoo! Finance
- Energy Recovery, Inc. (NASDAQ: ERII) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Energy Recovery, Inc. (NASDAQ:ERII) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Energy Recovery (ERII) Reports Q1 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
ERII
Earnings
- 5/1/24 - Beat
ERII
Analyst Actions
- 2/28/24 - Evercore ISI Group
ERII
Sec Filings
- 5/17/24 - Form ARS
- 5/10/24 - Form 4
- 5/9/24 - Form 4
- ERII's page on the SEC website