Energy Recovery
 | This article contains content that is written like an advertisement. (July 2008) |
| Company type | Public (NASDAQ:ERII) |
|---|---|
| Founded | 1994 |
| Headquarters | San Leandro, CA, San Leandro, California , |
Number of locations | 4 (San Leandro, CA;Shanghai, China;Madrid, Spain; Dubai, UAE) as of 2012-03-16 |
Area served | Worldwide |
Energy Recovery Inc. (ERI) is a US public company since 2008, trading under the NASDAQ stock exchange symbol: ERII. The company was incorporated and founded in the USA in 1994. In December 2009, ERI completed its acquisition of Pump Engineering, LLC (PEI).
Hans Peter Michelet who has been in the Board of Energy Recovery since 1995 is currently Executive Chairman. Tom Rooney has been the President and CEO since 2011.
History
The technology foundation of the company is an invention based on a unique ceramic pump called the [PX Pressure Exchanger (PX)][1]. The PX is based on a rotary positive displacement pump principle that recovers energy from the high-pressure waste stream of SWRO desalination systems. This technology can reduce the cost of water production to less than half the cost without energy recovery.
This reduction in desalination costs is driving a boom in global desalination projects—with over 140 major projects being tracked worldwide by Global Water Intelligence Magazine.
Today ERII works with over 80 OEMs (Original Equipment Manufacturers) or engineering (EPC) companies worldwide. their headquarters is situated in the San Francisco Bay Area; San Leandro, California USA with offices in Sunrise, Florida and different parts of the world including: Madrid, Spain; Dubai, United Arab Emirates and Shanghai, China.
References
 | This article includes a list of references, related reading, or external links, but its sources remain unclear because it lacks inline citations. (August 2009) |
[Global Market for Seawater and Brackish Water Desalination Plants Slated for High Growth Through 2012
]ERI and PX Pressure Exchanger History
2008 Inc 500 Fastest Growing Companies, Ranked No. 4 in the Top 50 Environmental Services Companies, Ranked No. 17 in the Top 100 Businesses in San Francisco-Oakland-Fremont, CA
PX Pressure Exchanger Finalist - Pump Industry Awards 2008
Hans Peter Michelet - Executive Chairman of the Board of Directors
Energy Recovery Inc., of San Leandro, California, is named EX-IM Bank's Environmental Exporter of the Year
[2]
Energy Recovery discloses expected IPO terms
Energy Recovery registers for IPO
Energy Recovery Inc., MSN Money
Energy Recovery Inc., Inc5000
World Business Review - Energy Recovery, Inc.
Energy Recovery Files IPO for Desalination
http://ggpique.blogspot.com/
http://www.energyrecovery.com/company/GG_Pique.php
http://www.idadesal.org/t-board_063.aspx
http://www.economist.com/search/displaystory.cfm?story_id=11484059
http://eastbay.bizjournals.com/eastbay/stories/2008/05/05/story2.html?b=1209960000^16300134
http://www.sec.gov/Archives/edgar/data/1421517/000095013408010930/f38510a2sv1za.htm
http://www.globalwaterawards.com/2007/
http://www.energyrecovery.com/news/documents/SidLoebAwardPR6-2FINAL.pdf