Energy Recovery, Inc. Signs Master Agreement with Düchting Pumpen
January 18, 2017 at 06:12 am EST
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Energy Recovery, Inc. announced the signing of a master agreement with Düchting Pumpen. The agreement will launch a collaborative partnership between the two companies, and will package Energy Recovery's latest Pressure Exchanger technology with Düchting Pumpen's pumping solutions to provide an all-encompassing energy recovery solution for customers in desalination. The partnership's packaged solution will be provided through an Energy Services Agreement ("ESA"), specifically the Prime Performance ESA, which includes the launch of the next generation of Pressure Exchanger, the PX Prime. The PX Prime offers the highest energy efficiency in the industry with added performance upgrades, including less fluid mixing. The Prime Performance Energy Services Agreement will work by packaging the desalination industry's best energy recovery technology, namely the PX Prime, with installation, service and maintenance for the energy recovery solution. With this new solution, customers will enjoy savings in the form of maintenance costs (for both old and new equipment) and energy savings. The agreement will allow customers to use this technology without requiring any substantial upfront costs. Instead, customers will pay for the technology over time through a percentage of the total savings that the solution generates. Düchting Pumpen will provide their pumps, which when paired with PX technology, will allow seamless integration into existing installations. With roots back to 1938 across three generations, Düchting Pumpen has decades of expertise in advanced centrifugal pumps for reverse osmosis desalination, and is already a leading provider of pumping equipment for the global water industry.
Energy Recovery, Inc. is engaged in energy efficiency technology. The Company designs and manufactures solutions that provide cost savings through improved energy efficiency in commercial and industrial processes, with applications across several industries. Its segments include Water and Emerging Technologies. The Water segment develops, sales and supports PX, hydraulic turbochargers and pumps used in seawater desalination and wastewater treatment activities. The Emerging Technologies segment develops, sales and supports activities related to emerging technologies, such as the PX G1300 used in industrial and commercial refrigeration applications. Its solutions are marketed, sold in, or developed for, the fluid-flow and gas markets, such as seawater and wastewater desalination, natural gas, chemical processing and CO2-based refrigeration systems, under the trademarks ERI, PX, Pressure Exchanger, PX Pressure Exchanger (PX), Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold.