SAN LEANDRO, Calif. — Nov. 18, 2024 — Energy Recovery, Inc. (Nasdaq: ERII) today announced that its Board of Directors approved a share repurchase program to purchase up to $50 million of the company’s outstanding common stock over the next 12 months, beginning in November 2024. “With our strategic plan, or Playbook, complete we now […]
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Energy Recovery, Inc. (Nasdaq: ERII), a trusted global leader in energy efficiency technology, today announced David Moon has been named President and Chief Executive Officer of the Company. Mr. Moon has served as interim President and CEO since October 2023 and will continue serving on the Board of Directors. “David is the right leader to […]
Read More… from Energy Recovery Appoints David Moon as President and CEO
Energy Recovery, Inc. (Nasdaq: ERII) today announced Mr. David Moon, a current member of the Energy Recovery Board of Directors, has been appointed interim President and Chief Executive Officer, effective immediately. Mr. Bob Mao will remain a member of the Board, and Ms. Pamela Tondreau, current Lead Independent Director, has been elected as the new […]
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SAN LEANDRO, Calif.– Energy Recovery, Inc. (NASDAQ: ERII) today announced several contracts to supply the PX® Pressure Exchanger® (“PX”) to desalination projects in Algeria totaling over $28 million. Desalination plays a large role in Algeria’s strategy to combat water scarcity. Desalination provides 17% of Algeria’s water, and the country has prioritized increasing desalination’s share to […]
Read More… from Energy Recovery Awarded Desalination Contracts in Algeria Totaling $28 Million
Energy Recovery (NASDAQ: ERII) and Epta Group (Epta) were together awarded Refrigeration Innovation of the Year for the XTE (Extra Transcritical Efficiency), Epta’s next-generation commercial CO2 refrigeration system. The award for Refrigeration Innovation of the Year recognizes systems, products, or processes that utilize new technology to provide definitive innovations to refrigeration. The innovative and patent […]
Energy Recovery, Inc. (NASDAQ: ERII), a trusted global leader in energy efficiency technology, today released its fourth annual Sustainability Report, underscoring the strong connection between the company’s business goals and its sustainability efforts. Energy Recovery has set its first corporate emissions reduction target, committing to reduce its emissions in relation to revenue by 65% by […]
Energy Recovery and Vallarta Supermarkets today announced plans for a second installation of the PX G1300™ energy recovery device at a store in Salinas, CA […]
Read More… from Energy Recovery to Launch Second PX G1300™ Installation with Vallarta Supermarkets
Energy Recovery, Inc. (NASDAQ: ERII) announced today that MSCI upgraded the company from an AA rating to its highest rating of AAA in its latest environmental, social, and governance (ESG) assessment completed on July 4, 2023. MSCI’s evaluation recognizes Energy Recovery as one of the highest performing companies within the Industrial Machinery industry in MSCI’s […]
Read More… from MSCI Upgrades Energy Recovery’s ESG Rating to AAA
Energy Recovery, Inc. (NASDAQ: ERII) today announced the appointment of refrigeration executive David Moon and water solutions leader Colin Sabol to its Board of Directors. “Mr. Moon and Mr. Sabol’s extensive expertise in their respective fields will be a great asset as we continue expanding our PX technology into new markets and advancing the environmental […]
Energy Recovery (NASDAQ: ERII) today announced a collection of contracts totaling nearly $17 million to supply PX® Pressure Exchanger® energy recovery devices for desalination facilities in the Gulf region. These PX devices are expected to prevent over 400,000 metric tons of carbon emissions from entering the atmosphere each year, the equivalent of removing over 85,000 […]