CO2 Refrigeration

Energy Recovery and Epta Win Refrigeration Innovation of the Year at RAC Cooling Industry Awards 2023


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 pending XTE solution utilizes the energy savings and efficiency benefits of the PX G1300TM and packages them into a complete next-generation refrigeration system. 

“We are honored to accept this prestigious recognition from the RAC Cooling Industry Awards,” said Daniele Mazzola, Technical Marketing Manager. “Our goal has always been to propose solutions that support our customers in their green transitions. We believe that our collaboration with Energy Recovery is a further step in bringing the best energy saving technology to the refrigeration market.”

The application of Energy Recovery’s trusted pressure exchanger (PX) technology, which revolutionized the desalination industry after its launch over 30 years ago, significantly improves the efficient operation of the transcritical CO2 plant at any latitude.

That is possible as the whole system runs without synthetic or inflammable coolants and without using water, taking advantage of the CO2 in the transcritical system as the cooling fluid. Specifically for this purpose, the PX G1300 has been suitably modified, inserted in the Epta ETE (Extreme Temperature Efficiency) system instead of the compressor and instructed to transfer the energy from the high-pressure fluid stream to the low-pressure one via rotating flow channels. 

Energy Recovery’s PX G1300 was also given the honor of Highly Commended in the Refrigeration Product of the Year – Components or Peripherals category.

Installations of the PX G1300 at several North American and European supermarkets have demonstrated efficiency improvements over 30% above +40°C (104°F) compared with a traditional transcritical system. The XTE mechanism, thanks to the PX G1300, not only reduces consumption peaks during warm months, but also offers significant benefits in cold months, during which the XTE system starts running when temperatures are +10°C (50°F).

“When we first began developing the PX G1300, we had a strong belief that this product could provide the same game-changing efficiency gains in refrigeration that our PX technology delivers in desalination, and it is deeply gratifying to have that belief validated by the refrigeration industry and adopted by one of the leading players in the field,” said KC Chen, Energy Recovery Vice President of CO2

About Energy Recovery

Energy Recovery (NASDAQ: ERII) is a trusted global leader in energy efficiency technology. Building on our pressure exchanger technology platform, we design and manufacture reliable, high-performance solutions that generate cost savings and increase energy efficiency across several industries. With a strong foundation in the desalination industry, Energy Recovery has delivered transformative solutions that optimize operations and deliver positive environmental impact to our customers worldwide for more than 30 years. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing and research and development facilities across California and Texas with sales and on-site technical support available globally.

Forward Looking Statements

Certain matters discussed in this press release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements are based on information currently available to us and on management’s beliefs, assumptions, estimates, or projections and are not guarantees of future events or results. Potential risks and uncertainties and any other factors that may have been discussed herein regarding the risks and uncertainties of the Company’s business, and the risks discussed under “Risk Factors” in the Company’s Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) for the year ended December 31, 2022 as well as other reports filed by the Company with the SEC from time to time. Because such forward-looking statements involve risks and uncertainties, the Company’s actual results may differ materially from the predictions in these forward-looking statements. All forward-looking statements are made as of today, and the Company assumes no obligation to update such statements.

Epta. Advanced solutions for your store.

EPTA – A multinational group specialised in commercial refrigeration which works globally thanks to its Costan (1946), Bonnet Névé (1930), Eurocryor (1991), Misa (1969), Iarp (1983), and Kysor Warren (1882) brands. Epta positions itself on the national and international market as partner able to produce and market complete refrigeration systems, thanks to the integration of specific product lines namely: traditional, positive vertical and semi-vertical, negative vertical and horizontal display refrigerators, Refrigerated display plug-in cabinets for the Retail and Food&Beverage sector, medium and high-power refrigeration packs and cold rooms. Based in Milan, it has a workforce of almost 6000 people and boasts national and international production facilities, a widespread technical and commercial presence worldwide, guaranteed by more than 40 technical-commercial monitoring centres. 

Press Inquiries

pr@energyrecovery.com

+1 (713) 353-5406

Investor Inquiries

ir@energyrecovery.com

+1 (281) 962-8105

FMI Energy and Store Development Conference 2023 – Energy Recovery


Join Energy Recovery at the FMI Energy and Store Development Conference in Baltimore from October 2-4, and get a first-hand opportunity to learn how the PX G1300 pressure exchanger is helping retailers reduce energy costs, increase cooling capacity, and increase energy efficiency at high ambient temperatures.

Based on laboratory and real-life results, the PX G1300 device can increase the energy efficiency of CO2-based commercial refrigeration systems by more than 25% at 35-40°C (95- 104°F) and more than 30% above 40°C (104°F), compared to a standard CO2 system with no energy recovery devices.

SIFA Refrigeration – Energy Recovery


Meet our CO2 refrigeration experts at SIFA 2023 in Paris, Booth #A31 and learn more about the PX G1300™ pressure exchanger. On October 12, 11:00-11:45, Energy Recovery’s Darren Lacroix will be presenting at session J3, as summarized below:

Reduced Energy Expenditures for Transcritical CO2 with the PX G1300™, Darren Lacroix, Account Manager, CO2

“Energy Recovery will present on the PX G1300™ pressure exchanger, a proven energy recovery device that saves on the energy required for CO2 refrigeration systems. This presentation will cover a brief history of Energy Recovery’s pressure exchanger technology and its working principles. Additionally, benefits provided to PX G1300-enabled CO2 systems, which include increased energy efficiency and reduced costs while safeguarding against rising temperatures, will also be discussed.”

California Grocers Association (CGA) Conference – Energy Recovery


Energy Recovery’s CO2 refrigeration experts will be in Palm Springs, CA for the California Grocers Association’s Strategic Conference.

Meet us at our booth to get a first-hand demonstration of how the PX G1300 can:

  • Improve energy efficiency year-round to save money on your electricity bills
  • Increase system’s design temperature to reduce concerns about heat-induced shutdowns
  • Install easily in current or new CO2 system

IIR International Congress of Refrigeration – Energy Recovery


Energy Recovery experts will be presenting our PX G1300™ for CO2 refrigeration at the 26th International Institute of Refrigeration (IIR) conference in France. The PX G1300 utilizes proven technology to improve the energy efficiency of CO2 systems, reducing energy costs, and reducing CO2 emissions.

Azam Thatte, Chief Scientist at Energy Recovery, will be presenting with Norwegian University of Science and Technology (NTNU) on “Experimental Investigation of Rotary Pressure Exchanger and Ejectors for CO2 Refrigeration System.Click here to read the abstract for his poster session on Monday, 21 August at 14:10 – 15:40.

Neelesh Sarawate, Engineering Manager, will also cover “Architectures and Field-Experience Utilizing Rotary Pressure Exchanger (PX G) for Transcritical CO2 Refrigeration Systems” on Monday, August 21 at 14:10 – 15:40.

Energy Recovery to Launch Second PX G1300™ Installation with Vallarta Supermarkets

Energy Recovery and Vallarta Supermarkets today announced plans for a second installation of the PX G1300TM energy recovery device at a store in Salinas, CA. This agreement comes after Vallarta Supermarkets installed their first PX G1300 into an existing CO2 refrigeration system in their Indio, California store, where the PX G1300 drove 30% energy efficiency over the system’s adiabatic cooler.

“We are thrilled with the results we have seen in our Indio store. We are continually looking for ways to reduce our energy consumption and emissions as part of our sustainability goals,” said Sandie Nunez, Vallarta Store Development Manager.

Vallarta upgraded its Salinas CO2 system with the PX G1300 to provide a safeguard against increasingly frequent heat waves and reduce energy costs. At the Indio location, the PX G1300 reduced the total energy workload by 30%, driving efficiency from the system’s MT compressor and adiabatic cooler. This impressive energy reduction demonstrates the efficiency the PX G1300 provides and its ability to create resilient systems during heat waves, as the performance improvement was measured above the existing adiabatic cooler between 95°–105°F.  

“The PX G1300 has made our CO2 refrigeration system more cost-effective and energy efficient, reducing our emissions while mitigating the impact of summer heat waves,” said Steve Goh, Vallarta Supermarkets Director of Energy Management & Sustainability.

The PX G1300 is an application of Energy Recovery’s trusted pressure exchanger (PX) technology, which recycles pressure energy and redistributes it throughout the system to save energy, lower costs, and reduce waste and emissions. Upgrading CO2 systems with the PX G1300 can increase design temperature by up to 11°F, enabling supermarkets to increase system stability during high heat events*. As many companies transition away from HFC refrigeration systems towards CO2, Energy Recovery’s PX G1300 technology can help them safeguard against rising temperatures, run more efficiently, and drive down emissions.

“Our continued partnership with Vallarta Supermarkets underscores the value of the PX G1300 to supermarkets, and particularly its strong performance in high temperatures,” said KC Chen, Energy Recovery Vice President of CO2. “Indio is in the desert of Southern California, where the average summer temperature is above 100°F. With the PX G1300, 111° F will feel like 100° F to a CO2 system – a meaningful difference that allows supermarkets to stay open during a heat wave without breaking the bank on energy costs and maintenance.”

*Estimated increase in design temperature assumes comparison to a CO2 system with high pressure value with a 120 KW MT, 30 KW LT system and 100° F / 37.7°C gas cooler exit temperature.  Results may vary from site to site, as design maximum is site-dependent.

About Energy Recovery

Energy Recovery (NASDAQ: ERII) creates technologies that solve complex challenges for commercial and industrial fluid-flow markets worldwide. Building on our pressure exchanger technology platform, we design and manufacture solutions that make commercial and industrial processes more efficient and sustainable. What began as a game-changing invention for desalination has grown into a global business accelerating the environmental sustainability of customers’ operations in multiple industries. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing and research and development facilities across California and Texas with sales and on-site technical support available globally. For more information, please visit http://www.energyrecovery.com.

About Vallarta Supermarkets

Founded in 1985, Vallarta Supermarkets is a full-service independent grocery chain with 53 locations throughout California. Vallarta Supermarkets, known as the home of the Original Carne Asada™, is recognized for having fresh produce, quality meats, exquisite pastries, and specialty items from Latin America and other parts of the world. Visit www.vallartasupermarkets.com for additional information.

Forward Looking Statements

Certain matters discussed in this press release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements are based on information currently available to us and on management’s beliefs, assumptions, estimates, or projections and are not guarantees of future events or results. Potential risks and uncertainties and any other factors that may have been discussed herein regarding the risks and uncertainties of the Company’s business, and the risks discussed under “Risk Factors” in the Company’s Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) for the year ended December 31, 2022 as well as other reports filed by the Company with the SEC from time to time. Because such forward-looking statements involve risks and uncertainties, the Company’s actual results may differ materially from the predictions in these forward-looking statements. All forward-looking statements are made as of today, and the Company assumes no obligation to update such statements.

Press Inquiries

pr@energyrecovery.com

+1 (713) 353-5406

Investor Inquiries

ir@energyrecovery.com

+1 (281) 962-8105

ATMO Europe 2023 – Energy Recovery

Energy Recovery experts will be at ATMO Europe in Belgium, showcasing our PX G1300 pressure exchanger technology for the CO2 refrigeration industry.

On September 19, 15:30, KC Chen, Vice President of CO2, will be presenting results from a recent installation with Fieuw Koeltechniek: “Installation of PX G1300 Pressure Exchangers Benelux Region offer CO2 Systems Improved Energy Efficiency.”

ATMOsphere also selected a case study demonstrating new scientific research from Energy Recovery’s Senior Principal Technologist, Azam Thatte, “Novel Rotary Pressure Exchanger for Increasing Efficiency of Low Global Warming Transcritical CO2 Heat Pumps.”

Energy Recovery Announces Appointment of Refrigeration, Water Executives to Board of Directors

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 sustainability of our customers’ operations,” said Robert Mao, Chairman of the Board, President and Chief Executive Officer of Energy Recovery. “With decades of combined global experience in management, commercial engagement, and technology, we look forward to their contributions to our innovation and growth.”  

Mr. Moon has led and advised commercial heating and cooling companies around the world. Most recently, he served as President of Carrier Commercial Refrigeration, a division of Carrier Global Corporation and leading supplier of high-efficiency CO2 refrigeration systems in Europe and Asia. In this role, Mr. Moon improved Carrier’s technological capabilities and built relationships with top food, pharmaceutical, and logistics customers. Prior to Carrier, Mr. Moon was an independent advisor at Ares Management, focusing on acquisitions in the HVACR and building products markets. Before his time at Ares, he served for nearly 20 years in multiple executive roles at Heatcraft Worldwide Refrigeration, a division of Lennox International Inc., and began his career at Tenneco, Inc. and AlliedSignal Inc.

Mr. Moon previously served as a Board Member for CoolSys, the parent of market-leading refrigeration and HVAC services companies, and for American Woodmark Corporation, one of the nation’s largest cabinet manufacturers. Mr. Moon holds an M.B.A. and a B.S. in Civil Engineering from Texas A&M University.

“I am thrilled to be part of this visionary team that is ushering in the next generation of climate-friendly solutions in commercial refrigeration,” said Mr. Moon. “This is an exciting time for Energy Recovery as its technologies enable customers to choose more sustainable refrigeration systems and do so in a way that future-proofs their operations and reduces cost. I look forward to playing a role in our continued progress.”

Mr. Sabol is an accomplished business leader, strategist, and dealmaker with over 20 years of experience in the global water and energy markets. He was President of Measurement & Control Solutions at water technology provider Xylem Inc. from 2017-2022. He previously led Xylem businesses including Analytical Instrumentation, Water Treatment, and Dewatering Pump Rentals, building and maintaining a $2 billion backlog by launching five new product platforms and leveraging the company’s position in utility-grade communications. Before Xylem, Mr. Sabol enjoyed a 17-year tenure with General Electric, serving as Chief Marketing Officer for GE Water from 2002-2006.

His board experience includes nearly a decade with Faradyne Motors, a joint venture between Xylem and Pentair, and as Board Chair of Xylem Watermark, Xylem’s corporate social responsibility program focused on addressing natural disasters, clean water access, and community resilience. Mr. Sabol holds a B.S. in Materials Engineering from Alfred University and completed MBA Studies in business and finance at Ohio State University and Union College.

“Energy Recovery’s 30-year legacy in desalination has built an incredible foundation for its impressive wastewater treatment capabilities, and I am delighted to help further the company’s industry leadership in this and other markets,” said Mr. Sabol. “It is a pleasure to join this distinguished group of directors and I look forward to contributing to Energy Recovery’s mission to develop more efficient, sustainable, and customer-oriented solutions to the world’s most critical industries. This goal has been a passion of mine throughout my career, and I could not imagine a better place to further this shared vision.”

For a full list of Energy Recovery Board of Directors members, please visit https://energyrecovery.com/about-us/board-directors/.  

About Energy Recovery

Energy Recovery (NASDAQ: ERII) creates technologies that solve complex challenges for commercial and industrial fluid-flow markets worldwide. Building on our pressure exchanger technology platform, we design and manufacture solutions that make commercial and industrial processes more efficient and sustainable. What began as a game-changing invention for desalination has grown into a global business accelerating the environmental sustainability of customers’ operations in multiple industries. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing and research and development facilities across California and Texas with sales and on-site technical support available globally.

Press Inquiries

pr@energyrecovery.com

+1 (510) 219-8462

Investor Inquiries

ir@energyrecovery.com

+1 (281) 962-8105

Energy Recovery, Inc. Awarded Refrigeration Innovation of the Year Award

PX G1300 pressure exchanger features high-performance technology for CO2 systems that work more efficiently as temperatures rise.

At the conclusion of the ATMO Awards Ceremony of the Atmosphere America Summit 2023 in Washington D.C., Energy Recovery, Inc. earned the prestigious Refrigeration Innovation of the Year Award for its PX G1300TM Pressure Exchanger.

The award for Refrigeration Innovation of the Year is presented by ATMO to the company that has produced a natural refrigerant-based product that has had, or is expected to have, a significant impact on the market.

The PX G1300 uses powerful PX technology that works to maximize energy efficiency in a high-pressure CO2 system, transferring energy from high-pressure to low-pressure CO2. This game changing technology improves the energy efficiency of CO2 systems, reduces energy costs and emissions, and potentially lowers capital costs of the system.

“Our team at Energy Recovery couldn’t be more proud to receive this award recognizing refrigeration innovation,” said KC Chen, Vice President of CO2. “While we’re honored by the recognition from the industry, we’re determined to continue engineering new and innovative technologies. There’s no better feeling than knowing we’ve created a product that effectively helps companies save money and energy while reducing their emissions.”

Installed at several North American and European supermarkets and slated for more, the PX G1300 drives efficiency improvements over 30%. As many companies transition away from HFC refrigeration systems towards CO2, Energy Recovery’s PX technology can help them run even more efficiently and drive down emissions.

To learn more about the PX G1300’s award-winning capabilities, visit our product page to read case studies and watch our product video.

About Energy Recovery

Energy Recovery (NASDAQ: ERII) creates technologies that solve complex challenges for commercial and industrial fluid-flow markets worldwide. Building on our pressure exchanger technology platform, we design and manufacture solutions that make commercial and industrial processes more efficient and sustainable. What began as a game-changing invention for desalination has grown into a global business accelerating the environmental sustainability of customers’ operations in multiple industries. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing, research and development facilities across California and Texas with sales and on-site technical support available globally. For more information, please visit www.energyrecovery.com.

Media Contact

pr@energyrecovery.com

+1 (713) 353-5406

ATMOsphere America Summit – Energy Recovery


Energy Recovery’s PX G1300 has been nominated for the Refrigeration Innovation of the Year Award at ATMO America 2023. Learn more and cast your vote here: bit.ly/PX_G1300_ATMO

KC Chen, Vice President of CO2 at Energy Recovery, will be presenting with Steven Goh, Director of Energy Management at Vallarta Supermarkets: “CO2 Refrigeration Enabled by Energy Recovery: Benefits Beyond Emissions.” – June 12, 3:30pm EST

IEA Heat Pump Conference – Energy Recovery


Energy Recovery’s Dr. Azam Thatte presented “A Novel Pressure Exchanger (PX) Concept for Expansion Work Recovery” during the Advanced Cooling and Refrigeration Technology Development session.

About the conference

Clean, efficient, and reliable energy systems are essential to meeting basic needs for comfortable, secure, and environmentally friendly building environments; food processing, transport, and storage; and industrial processes. Many analysts estimate that it will not be possible to achieve long-term climate, security, and energy goals without increasing the use of renewable heating and cooling hand in hand with large scale refurbishment and renovation of the world’s existing buildings and industrial infrastructure.

IIAR Natural Refrigeration Conference – Energy Recovery


Energy Recovery will be at the IIAR Conference to demonstrate and answer questions about the PX G1300™ energy recovery device. The IIAR Conference is the largest exposition dedicated to the natural refrigeration industry, including CO2 systems.

The PX G1300 makes it possible to reduce energy consumption and remain compliant with climate regulations by reducing the operating costs and emissions of CO2 refrigeration systems. Good for the environment and the electric bill, the PX G1300 can ensure a financially attractive next generation COrefrigeration system.

Energy Recovery’s PX G1300 Technology Unveiled as Key Component in Epta Group’s Next-Generation CO2 Refrigeration System 


SAN LEANDRO, Calif. — February 27, 2023 — Energy Recovery, Inc.® (NASDAQ: ERII) today announced its PX G1300™ energy recovery device is a featured component in Epta Group (Epta)’s next-generation commercial CO2 refrigeration system, the XTE (Extra Transcritical Efficiency). Epta, independent global player and leader specialized in commercial refrigeration, unveiled the XTE on the first day of EuroShop 2023, the world’s number one retail trade fair located in Düsseldorf, Germany.  

Energy Recovery is also a special guest of Epta, presenting each day of EuroShop in the Epta Talking Arena where the focus will be on the latest trends and innovations in refrigeration. 

“We are excited to work alongside an established player in the European market, who brings extensive experience in the CO2 refrigeration industry to the table,” said KC Chen, Energy Recovery’s Vice President of CO2. “CO2 refrigeration is a sustainable alternative to climate-damaging hydrofluorocarbons, but it comes with a catch, especially when it’s hot outside – it uses a lot of energy. The PX G1300 offers a reliable way to solve that challenge.”   

The PX G1300 delivers a range of benefits when applied to CO2 refrigeration racks: 

  • Reduced carbon footprint. PX G1300-enabled CO2 systems improve the coefficient of performance (COP) and lower energy consumption, thereby reducing carbon emissions. 
  • Future safe for rising temperatures. The PX G1300 protects against high thermal failures.1 
  • Operating expense savings. PX G1300-enabled systems will lower energy costs and improve the bottom line.2 
  • Capital expense neutrality. The capital costs of PX G1300-enabled CO2 systems are equal or better than current COP upgrade technology.3 

The first European supermarket to incorporate a PX G1300 energy recovery device into its CO2 refrigeration system saw efficiency improvements of 25%-30% at temperatures of 35-40°C (95-104°F), compared to a standard CO2 booster system. 

The PX G1300 is an application of Energy Recovery’s trusted pressure exchanger (PX) technology, which recycles pressure energy within commercial and industrial systems, capturing it and redistributing it throughout the system to save energy, lower costs, and reduce waste and emissions. The PX has been the dominant energy recovery technology in seawater desalination for the last 25 years. The PX G1300 takes this innovative technology a step further, applying it to the multi-phase fluid environment found in CO2 refrigeration systems.  

CO2 refrigeration systems are a more sustainable alternative to traditional refrigeration systems that emit HFCs, which are potent greenhouse gasses that can be between 675 and 3,922 times more harmful to the climate than carbon dioxide. In the European Union (EU), a quota system for HFCs was introduced in 2015 with the aim to reduce the use of HFCs by 79% by 2030. Commercial and industrial refrigeration users in the EU and beyond are looking to transition away from traditional refrigeration systems to meet both their climate goals and the demands of recent regulation.  

1 Based on Energy Recovery laboratory and modeling results. 

2 Based on the anticipated offering price of the PX G1300 Integrated System Design 1 (which is available on our website) compared to a standard CO2 refrigeration system with no energy savings measures. 

3 Based on Energy Recovery estimates. Actual results may vary based on multiple factors including system architecture, cost of electricity, ambient temperature, square footage and size of the store, variable loading of the refrigeration system, time of day, and geographic location. 

About Energy Recovery 

Energy Recovery (NASDAQ: ERII) creates technologies that solve complex challenges for commercial and industrial fluid-flow markets worldwide. Building on our pressure exchanger technology platform, we design and manufacture solutions that make commercial and industrial processes more efficient and sustainable. What began as a game-changing invention for desalination has grown into a global business accelerating the environmental sustainability of customers’ operations in multiple industries. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing and research and development facilities across California and Texas with sales and on-site technical support available globally. For more information, please visit www.energyrecovery.com

Forward Looking Statements 

Certain matters discussed in this press release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements are based on information currently available to us and on management’s beliefs, assumptions, estimates, or projections and are not guarantees of future events or results.  Potential risks and uncertainties and any other factors that may have been discussed herein regarding the risks and uncertainties of the Company’s business, and the risks discussed under “Risk Factors” in the Company’s Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) for the year ended December 31, 2022 as well as other reports filed by the Company with the SEC from time to time. Because such forward-looking statements involve risks and uncertainties, the Company’s actual results may differ materially from the predictions in these forward-looking statements. All forward-looking statements are made as of today, and the Company assumes no obligation to update such statements. 

Press Inquiries 

pr@energyrecovery.com 

+1 (713) 353-5406 

Investor Inquiries 

ir@energyrecovery.com 

+1 (281) 962-8105 

Energy Recovery Announces PX G1300™ Exclusive Distribution Agreement for the Benelux Region with European Refrigeration Company Fieuw Koeltechniek


SAN LEANDRO, Calif. and ROESELARE, Belgium – February 22, 2023 – Energy Recovery, Inc.® (NASDAQ: ERII) today announced the appointment of Fieuw Koeltechniek (Fieuw), a leading refrigeration cooling rack and service provider in Belgium, the Netherlands, and Luxembourg (the Benelux region), as Energy Recovery’s exclusive distribution agent in the Benelux region. The parties entered into an exclusive distribution agreement, Energy Recovery’s first for its PX G1300 energy recovery device in Europe, which grants Fieuw exclusive rights to sell the PX G1300 within the Benelux region for two years and requires set volume purchase of PX G1300s.  

“Europe is the world leader in the transition from HFC-based refrigeration to more sustainable solutions like carbon dioxide (CO2) systems,” said KC Chen, Energy Recovery’s Vice President of CO2. “Energy Recovery is ready to accelerate this transition with our PX G1300, which reduces the energy costs and emissions of CO2-based refrigeration systems. What’s more, switching to a PX G1300-enabled CO2 system from alternative CO2 systems typically comes at no additional capital cost to supermarkets, as the PX G1300 offsets the need for other components such as compressors, adiabatic coolers, and valves.”  

A signing celebration between Energy Recovery and Fieuw will be held on Wednesday, March 1 at 14:00 CET in Energy Recovery’s booth at EuroShop 2023, the world’s number one retail trade fair located in Düsseldorf, Germany. Energy Recovery’s booth is in Hall 15, G33.  

Prior to entering the agreement, Fieuw purchased four PX G1300s in 2022. Two PX G1300 devices were installed in February 2023 in a Carrefour supermarket in Belgium. This installation marks the first system with multiple PX G1300s and demonstrates the PX G1300’s ability to serve larger refrigeration systems in both supermarkets and industrial applications. The second set of two PX G1300s is scheduled for commissioning in Q2 2023.  

“We have been successful because we have provided reliable and sustainable technology to our customers for more than 35 years,” said Stefaan Bostyn of Fieuw. “Energy Recovery’s PX G1300 is a natural fit for our offerings, as it enables our customers to meet sustainability goals and drive down their energy use and costs, essentially helping both the environment and the wallet.”  

The Benelux region has experienced rapidly rising energy prices in recent years, further driving commercial and industrial refrigeration users to adopt more energy efficient cooling methods. Between October 2021 and October 2022, Belgium’s Commission for the Regulation of Electricity and Gas (CREG) reported a 95% increase in energy costs. The European Union has also committed to phasing down HFC refrigerant use by 2030.  

Based on Energy Recovery’s trusted pressure exchanger technology, the PX G1300 has demonstrated significant efficiency gains in its first commercial applications. Through a recent collaboration with a European refrigeration rack manufacturer, a local supermarket chain became the first in Europe to incorporate a PX G energy recovery device into its CO2 refrigeration system. The system achieved efficiency improvements of 25%-30% at temperatures of 35-40°C (95-104°F), compared to an alternative CO2 booster system. 

About Energy Recovery 

Energy Recovery, Inc. creates technologies that solve complex challenges for commercial and industrial fluid-flow markets worldwide. Building on an innovative pressure exchanger technology platform, they design and manufacture solutions that make commercial and industrial processes more efficient and sustainable. What began as a game-changing invention for desalination has grown into a global business accelerating the environmental sustainability of customers’ operations in multiple industries. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing and research and development facilities across California and Texas with sales and on-site technical support available globally.

About Fieuw Koeltechniek 

Fieuw is a refrigeration company that specializes in providing commercial and industrial customers with sustainable cooling solutions. Our focus is on delivering environmentally-friendly and energy-efficient refrigeration systems that reduce carbon emissions and minimize energy consumption. Our team of experienced technicians use the latest technology to design and install custom refrigeration systems that meet the unique needs of each of our clients. Whether you’re looking to upgrade your existing refrigeration system or install a new one, Fieuw Koeltechniek has 35 years of expertise and experience to help you achieve your sustainability goals while also reducing costs. Our slogan “Fieuw energy, more cooling” says everything we do. Together with our sister company HVA Koeling in Genk, we also produce our own cooling plants. 

Forward Looking Statements 

Certain matters discussed in this press release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the Company’s belief that a PX G1300-enabled CO2 system typically comes at no additional capital cost to supermarkets. These forward-looking statements are based on information currently available to us and on management’s beliefs, assumptions, estimates, or projections and are not guarantees of future events or results.  Potential risks and uncertainties and any other factors that may have been discussed herein regarding the risks and uncertainties of the Company’s business, and the risks discussed under “Risk Factors” in the Company’s Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) for the year ended December 31, 2022 as well as other reports filed by the Company with the SEC from time to time. Because such forward-looking statements involve risks and uncertainties, the Company’s actual results may differ materially from the predictions in these forward-looking statements. All forward-looking statements are made as of today, and the Company assumes no obligation to update such statements. 

Energy Recovery Contacts 

Press Inquiries: pr@energyrecovery.com, +1 (510) 219 8462 

Investor Inquiries: ir@energyrecovery.com, +1 (281) 962-8105 

Fieuw Koeltechniek Contact 

All inquiries: info@fieuw.be, +32 (0)51 209 073 

EuroShop – Energy Recovery


Representatives from Energy Recovery will be at EuroShop from February 26 to March 2 to demonstrate and answer questions about the PX G1300™ energy recovery device.

The PX G1300 makes it possible to reduce energy consumption and remain compliant with climate regulations by reducing the operating costs and emissions of CO2 refrigeration systems. Retailers and grocery stores can improve their bottom line while reducing their carbon footprint.

European refrigeration agreement for CO2 systems

Join us at our booth (Hall 15, G33) for a presentation and signing celebration with European refrigeration company Fieuw Koeltechniek on Wednesday, March 1 – 14:00 CET

Energy Recovery’s Darren Lacroix and KC Chen will also be presenting Sunday, February 26 through Wednesday, March 1 at “Talking Epta Arena”, Booth C24-C42. Learn more: “Energy Recovery’s PX G1300 Technology Unveiled as Key Component in Epta Group’s Next-Generation CO2 Refrigeration System.”


Read our related press release: Energy Recovery to Showcase PX G1300 for CO2 Refrigeration Systems at EuroShop 2023

Energy Recovery at EuroShop with PX G1300 for CO2 refrigeration systems

ATMOsphere Europe Summit – Energy Recovery


Representatives from Energy Recovery, Inc., attended the ATMOsphere Europe Summit on November 15-16, 2022 to demonstrate and answer questions about the PX G1300™ energy recovery device. Click here to read the article published by R744.com.

The PX G1300 utilizes the Energy Recovery’s proven PX® Pressure Exchanger® technology and is specifically designed to enhance the operability, reliability, and environmental sustainability of commercial and industrial carbon dioxide (R-744) refrigeration systems.

Click the link below to view the presentation:

ENABLING ENERGY EFFICIENT CO2 REFRIGERATION WITH THE PX G1300™

Joseph Marchetti, Product Manager, CO2 Refrigeration

Chillventa – Energy Recovery


Energy Recovery experts will be at Chillventa Booth 7A-226 in Nuremberg, Germany, with a series of presentations about our innovative PX G1300™ energy recovery device.

Specialist Forum – Tuesday, October 11, 15:00  – 15:20
“Pressure Exchanger Technology for Energy Efficient R-744 Refrigeration”
Hall 9 Booth 9-550 (Joseph Marchetti, Product Manager, R-744)

Energy Recovery will present the PX G1300, a proven energy recovery device that saves energy in R-744 refrigeration systems. This presentation will cover a brief history of Energy Recovery’s pressure exchanger technology which has been instrumental in reducing capital costs and improving efficiency with world class reliability in seawater reverse osmosis desalination plants for 30 years. The company will then discuss its PX G1300 technology, highlighting a current PX G1300 installation in an R-744 refrigeration rack. Energy Recovery’s PX G1300 energy recovery device is designed to enhance the operability, reliability, and environmental sustainability of commercial and industrial carbon dioxide (R-744) refrigeration systems.

In-Booth Presentations (Hall 7A, Booth 226)

Tuesday, October 11

12:00 Pressure Exchanger Technology for Energy Efficient R-744 Refrigeration
(Joseph Marchetti, Product Manager, R-744)

13:00 PX G1300  Thermodynamic Deep Dive: How PX Reduces Energy Consumption of CO2 Refrigeration Systems
(Azam Thatte, Ph.D, Senior Principal Technologist)

14:00 New Applications of PX G1300 for Sustainable, Low Cost Energy:  Heat Pump, Geothermal, Thermal Energy Storage (battery) and Data Center Cooling
(Azam Thatte, Ph.D, Senior Principal Technologist)

Wednesday, October 12

10:00 Pressure Exchanger Technology for Energy Efficient R-744 Refrigeration
(Joseph Marchetti, Product Manager, R-744)

11:00 PX G1300 Thermodynamic Deep Dive: How PX Reduces Energy Consumption of CO2 Refrigeration Systems
(Azam Thatte, Ph.D, Senior Principal Technologist)

12:00 New Applications of PX G1300 for Sustainable, Low Cost Energy:  Heat Pump, Geothermal, Thermal Energy Storage (battery) and Data Center Cooling
(Azam Thatte, Ph.D, Senior Principal Technologist)

ATMO World Summit – Energy Recovery

On March 30, Energy Recovery will host a webinar featuring our PX G1300 refrigeration product as part of the ATMO World Summit 2022.

Our experts will present the technology behind our PX G1300 and discuss the energy saving benefits it provides for CO2 refrigeration system operators.

Wednesday, Mar. 30, 2022 (9 am EDT)

To join the webinar, please register here.

AHR Expo – Energy Recovery

Energy Recovery (NASDAQ: ERII) will be exhibiting at the AHR Expo, a unique forum that convenes manufacturers of all sizes and specialties to showcase the future of refrigeration technology. The show will take place from Jan. 31 through Feb. 2, 2022, in Las Vegas.

Members of Energy Recovery’s sales and technical team will be at Booth No. C6810 to exhibit the Company’s new PX G1300™ energy recovery device, which has been designed to reduce energy consumption and operating costs in carbon dioxide (CO2) refrigeration systems. This technological breakthrough comes at a time when the Biden Administration has pledged to reduce HFCs, a predominant component in air conditioners and refrigerators, by 85 percent over the next 15 years.

Carbon dioxide is one of the most sustainable and safe natural refrigerants and the transition to CO2 based refrigeration systems is continuing to accelerate. The PX G1300 energy recovery device reduces the energy consumption associated with CO2 refrigeration systems in a broad range of operating conditions helping ensure grocers are compliant with upcoming GWP reduction regulations.

“The PX G1300 addresses both the sustainability and cost challenges of grocers,” said KC Chen, VP of Engineering and New Product Launch. “This technology, which has been trusted by the desalination industry for decades, aims to not only reduce energy consumption and lower operating costs, but also reduce emissions associated with energy consumption.”

This year’s AHR Expo will take place in-person and masks are required for all attendees indoors, including vaccinated individuals. Participants will benefit from the ambiance and networking of a live event, knowing that protocols are in place to ensure a safe and exciting conference.

Energy Recovery at AHR Expo in Las Vegas, 2022

Energy Recovery Signs Agreement with Vallarta Supermarkets for First Commercial PX G Deployment

SAN LEANDRO, Calif. and SAN FERNANDO VALLEY, CA— November 2, 2021 — Energy Recovery, Inc. (NASDAQ: ERII) and Vallarta Supermarkets, a California-based company with more than 50 locations, today announced an agreement to install Energy Recovery’s PX G1300 (PX G) energy recovery device in Vallarta Supermarkets’ store located in the City of Indio in Southern California.

“As we’ve committed to doing all we can to reduce our impact on the environment, we have been hunting for new technology and solutions that will enable us to operate our current CO2 refrigeration unit more efficiently and use less energy,” said Miguel Gonzalez, CEO for Vallarta. “We are thrilled to find a solution with Energy Recovery, and the efficiencies made possible by the PX G will ultimately help us meet our sustainability goals.”

Over the last several years, Vallarta Supermarkets has implemented an energy efficiency program that has led to a 15% reduction of electricity consumption across the majority of their stores. In September 2019, Vallarta Supermarkets was awarded the 2019 Clean Energy Champion by Southern California Edison in recognition of the company’s sustainability efforts.

Vallarta Supermarkets will install the PX G in the Indio store’s carbon dioxide (CO2) refrigeration system. The PX G can reduce the energy consumption and operating costs of CO2 refrigeration in a broad range of operating conditions. While CO2 systems are more environmentally friendly than incumbent refrigerants such as climate damaging hydrocarbons (HFCs), CO2 systems are more energy intensive to operate, especially in warmer climates such as Indio where temperatures regularly reach above 100 degrees Fahrenheit/38 degrees Celsius. The PX G is designed to solve this challenge, making it financially attractive for retailers to make the switch to CO2 systems.

“Left unchecked, HFCs are projected to increase global temperatures by a half-degree Celsius by 2100. With the PX G, our goal is to pave the way for the next-generation CO2 refrigeration system that allows retailers to save on energy costs while complying with regulations phasing out HFCs,” said Robert Mao, Chairman of the Board, President and Chief Executive Officer of Energy Recovery. “We are proud to work with a partner who shares our commitment to sustainability. We look forward to demonstrating the PX G’s performance in a real world commercial environment. Our confidence in our technology’s ability to reduce energy consumption is high and we are putting our money where our mouth is. Under this initial deployment, we will only receive payments based off of the amount of energy we save.”

About Vallarta Supermarkets

Since 1985, Vallarta Supermarkets has grown to a total of 53 stores throughout different counties in California (Los Angeles, Ventura, San Bernardino, Kern, San Diego, Santa Barbara, Tulare, Orange and Fresno). The Gonzalez family has adhered to their strong work ethic and has made it part of their company culture ensuring that all their team members, more than 8,000, strive for excellence.

About Energy Recovery

Energy Recovery (NASDAQ: ERII) creates technologies that solve complex challenges for industrial fluid-flow markets worldwide. Building on our pressure exchanger technology platform, we design and manufacture solutions that make industrial processes more efficient and sustainable. What began as a game-changing invention for desalination has grown into a global business accelerating the environmental sustainability of customers’ operations in multiple industries. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing, research and development facilities across California and Texas with sales and on-site technical support available globally. For more information, please visit www.energyrecovery.com.

Press Inquiries

pr@energyrecovery.com

+1 (510) 219-8462

Investor Inquiries

ir@energyrecovery.com

+1 (281) 962-8105

Energy Recovery Joins NASRC, Introducing Energy-Saving Innovations for CO2 Systems

San Leandro, CaliforniaEnergy Recovery, an energy recovery device manufacturer of technologies that solve complex challenges for industrial fluid-flow markets worldwide, has joined the North American Sustainable Refrigeration Council (NASRC) at the silver level.

NASRC is an action-oriented 501c3 nonprofit working in partnership with the supermarket industry to create a climate-friendly future for refrigeration by eliminating the barriers to natural refrigerant adoption in supermarkets. Natural refrigerants – including ammonia, hydrocarbons, and carbon dioxide (CO2) – have zero or near-zero global warming potential (GWP), making them a climate-friendly alternative to hydrofluorocarbon (HFC) refrigerants.

HFCs are super-polluting greenhouse gases growing faster than any other greenhouse gas on the planet, and phasing them out has been identified as one of the most impactful climate solutions globally. As a result, supermarkets are facing increasing regulatory pressures and new corporate sustainability commitments to transition away from HFCs. Though natural refrigerants are the most climate-friendly solution, unique market challenges such as upfront cost premiums, service readiness, technology gaps, and uncertainty around energy performance have prevented their widescale adoption.

Energy performance is particularly important to achieving the lowest possible carbon footprint in supermarkets, as they represent the most energy-intensive type of commercial building, and their refrigeration systems are usually the largest source of energy use. CO2-based refrigeration systems have faced particular scrutiny for energy performance challenges in warm ambient climates. Though CO2 often performs well as a refrigerant in cool ambient climates, it has been shown to be less energy efficient in warm ambient climates without additional energy-saving design features.

Energy Recovery, which focuses on designing and manufacturing solutions that make industrial processes more efficient and sustainable, is working to address that challenge. The company’s newest pressure exchanger device, the PX G1300, allows CO2-based refrigeration systems to operate more efficiently in all ambient temperatures. It works by harvesting pressure energy to reduce compressor work and lessen power requirements, in turn increasing the efficiency of the system and contributing to a lower overall carbon footprint.

“Energy Recovery has been making industrial processes more sustainable and affordable for nearly three decades, and we’re excited that our innovative technology can do the same for the CO2 refrigeration industry,” said Kuo-Chiang (K-C) Chen, vice president of engineering and new product launch, Energy Recovery. “Our PX not only enables the use of natural refrigerants that have a significantly lower global warming potential, but also reduces electricity use of the entire system. We’ve found a partner with a shared goal in the NASRC, and we look forward to working together to future-proof CO2 refrigeration.”

The company has now joined NASRC’s network of over 140 stakeholders from across the refrigeration industry who are all contributing to NASRC’s work to advance natural refrigerants.

“We welcome Energy Recovery to our growing network and look forward to leveraging their expertise,” said Danielle Wright, executive director of NASRC. “Optimizing energy performance is critical to the future success of natural refrigerants and to achieving the maximum emissions reduction potential in the supermarket sector.”

NASRC’s membership network represents more than 38,000 US food retail locations and stakeholders from virtually every sector of the commercial refrigeration industry, including service contractors, manufacturers and suppliers, consultants, engineering firms, trade associations, distributors, and nonprofits.

Register for NASRC’s Sustainable Refrigeration Summit to access a free, on-demand presentation of Energy Recovery’s PX G1300 device. More information about Energy Recovery can be found here: https://energyrecovery.com/refrigeration/.