Energy Recovery is a gold sponsor for ATMO America 2023, where we will be showcasing our PX G1300 in the exhibition area.
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
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.
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.
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 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:
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
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
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.
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
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
Representatives from Energy Recovery, Inc., will be in attendance at the FMI Energy and Store Development Conference on September 19-21, 2022 to demonstrate and answer questions about the PX G1300 energy recovery device.
The PX G1300 utilizes the company’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.
To set up an appointment, contact CO2@energyrecovery.com or stop by Energy Recovery’s table at the conference’s Manufacturer Retailer Exchange on September 19th and 20th for more information.
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)
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.
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.
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
+1 (510) 219-8462
Investor Inquiries
+1 (281) 962-8105
On November 3, Energy Recovery will have a virtual booth at this free event showcasing our new PX G1300, designed to make CO2 refrigeration systems more financially attractive.
San Leandro, California — Energy 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/.