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Desalination equipment maker sees rapid growth

Posted by: Maven on November 7, 2009 at 7:20 am

From Reuters:

“SAN FRANCISCO (Reuters) – Energy Recovery Inc, which makes equipment for desalination plants, sees the industry that converts sea water to fresh water growing as much as 25 percent annually and is looking to expand its operations through the acquisition of new technologies.

“It’s an exciting place,” said G.G. Pique, president and chief executive of Energy Recovery. “We see it growing at 20 percent to 25 percent per year for a long time.”

Energy Recovery produces equipment for desalination plants that cuts energy use by 60 percent.

Desalination needs pressure about 40 times higher than from a tap at home, which requires a lot of energy to create. The Energy Recovery product transfers pressure from the waste stream of brine to the incoming seawater. …”

Read more from Reuters by clicking here.

November 7, 2009 · Filed Under Desalination

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