Energy Recovery Signs $27.5 Million in Desalination Contracts in Morocco
Energy Recovery (Nasdaq: ERII) has secured $27.5 million in contracts to supply its PX® Pressure Exchanger® for seawater reverse osmosis (SWRO) desalination projects in Morocco. These orders are expected to be fulfilled in 2024. The projects will produce over one million cubic meters of potable water daily, serving more than 600,000 Moroccans for municipal and agricultural use.
Morocco aims to supply 50% of its drinking water from desalination by 2030, addressing a severe drought that has depleted reservoirs to 25% capacity. The PX technology can reduce energy consumption in desalination by up to 60% and is estimated to prevent over 475,000 tons of carbon emissions annually once these projects are operational.
Energy Recovery (Nasdaq: ERII) ha ottenuto 27,5 milioni di dollari in contratti per fornire il suo PX® Pressure Exchanger® per progetti di dissalazione mediante osmosi inversa con acqua di mare (SWRO) in Marocco. Si prevede che questi ordini siano completati nel 2024. I progetti produrranno oltre un milione di metri cubi di acqua potabile al giorno, servendo più di 600.000 marocchini per uso municipale e agricolo.
Il Marocco mira a fornire il 50% della sua acqua potabile tramite dissalazione entro il 2030, affrontando una grave siccità che ha ridotto i bacini idrici al 25% della loro capacità. La tecnologia PX può ridurre il consumo energetico nella dissalazione fino al 60% e si stima che possa prevenire oltre 475.000 tonnellate di emissioni di carbonio all'anno una volta che questi progetti saranno operativi.
Energy Recovery (Nasdaq: ERII) ha asegurado 27,5 millones de dólares en contratos para suministrar su PX® Pressure Exchanger® para proyectos de desalinización mediante ósmosis inversa de agua de mar (SWRO) en Morocco. Se espera que estos pedidos se cumplan en 2024. Los proyectos producirán más de un millón de metros cúbicos de agua potable al día, sirviendo a más de 600.000 marroquíes para uso municipal y agrícola.
Morocco tiene como objetivo proporcionar el 50% de su agua potable a partir de desalinización para 2030, abordando una grave sequía que ha disminuido los embalses a un 25% de su capacidad. La tecnología PX puede reducir el consumo de energía en la desalinización hasta en un 60% y se estima que puede evitar más de 475.000 toneladas de emisiones de carbono anualmente una vez que estos proyectos estén operativos.
Energy Recovery (Nasdaq: ERII)는 2천7백5십만 달러의 계약을 체결하여 모로코의 해수역삼투(Seawater Reverse Osmosis, SWRO) 담수화 프로젝트에 PX® Pressure Exchanger®를 공급하게 됩니다. 이러한 주문은 2024년에 이행될 것으로 예상됩니다. 이 프로젝트들은 하루에 100만 세제곱미터 이상의 음용수를 생산하여 60만 명 이상의 모로코인들에게 도시 및 농업 용도로 서비스를 제공합니다.
모로코는 2030년까지 50%의 식수를 담수화로 공급하는 것을 목표로 하고 있으며, 25% 용량에 감소한 저수지가 있는 심각한 가뭄 문제를 해결하려고 합니다. PX 기술은 담수화 과정에서 에너지 소비를 최대 60%까지 줄일 수 있으며, 이 프로젝트들이 운영에 들어가면 매년 47만5천 톤 이상의 탄소 배출을 방지할 것으로 예상됩니다.
Energy Recovery (Nasdaq: ERII) a obtenu 27,5 millions de dollars de contrats pour fournir son PX® Pressure Exchanger® pour des projets de désalinisation par osmose inverse de l'eau de mer (SWRO) au Maroc. Ces commandes devraient être exécutées en 2024. Les projets produiront plus de un million de mètres cubes d'eau potable par jour, au service de plus de 600.000 Marocains pour des usages municipaux et agricoles.
Le Maroc vise à fournir 50% de son eau potable par désalinisation d'ici 2030, afin de faire face à une sécheresse sévère qui a épuisé les réservoirs à 25% de leur capacité. La technologie PX peut réduire la consommation d'énergie lors de la désalinisation jusqu'à 60% et devrait empêcher plus de 475.000 tonnes d'émissions de carbone par an une fois que ces projets seront opérationnels.
Energy Recovery (Nasdaq: ERII) hat 27,5 Millionen Dollar an Aufträgen gesichert, um seinen PX® Pressure Exchanger® für Meerwasserentsalzung mit Umkehrosmose (SWRO) in Mauritius zu liefern. Diese Bestellungen sollen im 2024 erfüllt werden. Die Projekte sollen täglich über eine Million Kubikmeter Trinkwasser erzeugen, das mehr als 600.000 Marokkaner für kommunale und landwirtschaftliche Zwecke nutzen werden.
Marokko zielt darauf ab, bis 2030 50% seines Trinkwassers aus der Entsalzung zu beziehen, um eine schwere Dürre zu bekämpfen, die die Reservoirs auf 25% ihrer Kapazität reduziert hat. Die PX-Technologie kann den Energieverbrauch bei der Entsalzung um bis zu 60% senken und wird voraussichtlich jährlich über 475.000 Tonnen Kohlenstoffemissionen verhindern, sobald diese Projekte in Betrieb sind.
- Secured $27.5 million in contracts for PX® Pressure Exchanger® supply
- Projects will produce over 1 million cubic meters of potable water daily
- PX technology reduces energy consumption in desalination by up to 60%
- Estimated to prevent 475,000 tons of carbon emissions annually
- None.
Insights
The
Morocco's commitment to desalination, aiming for
Investors should note the potential for margin expansion due to the scalability of ERII's PX technology. As project sizes increase, the company may benefit from economies of scale, potentially boosting profitability.
Energy Recovery's PX technology's ability to reduce energy consumption in desalination by up to
The projected prevention of 475,000 tons of carbon emissions annually is equivalent to removing over 100,000 cars from the road, showcasing the substantial environmental impact of this technology. This aligns with global efforts to combat climate change and could position ERII favorably in ESG-focused investment portfolios.
The allocation of desalinated water for agricultural use is particularly noteworthy, as it addresses the critical nexus between water scarcity and food security. This approach could serve as a model for other arid regions, potentially expanding ERII's market reach.
Morocco's severe drought, with reservoirs at
The commitment to supply water for 600,000 Moroccans highlights the social impact of these projects. This addresses a critical human need and could enhance political stability in the region, which is often threatened by water scarcity.
The diversification of water sources, combining desalination with traditional methods, represents a robust water management strategy. This approach could set a precedent for other water-stressed nations, potentially creating new markets for ERII's technology and expertise in the coming years.
“Desalination is the only drought-proof source of water, and it is vital that arid regions around the world such as
The PX can reduce energy consumption in desalination by as much as
About Energy Recovery
Energy Recovery 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, increase energy efficiency, and reduce carbon emissions across several industries. With a strong foundation in the desalination industry, Energy Recovery has delivered transformative solutions that increase operational efficiency and environmental sustainability to our customers worldwide for more than 30 years. Headquartered in the
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 expected fulfillment dates, the Company’s belief that PX can reduce energy consumption in desalination by as much as
View source version on businesswire.com: https://www.businesswire.com/news/home/20240815567167/en/
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Source: Energy Recovery, Inc.
FAQ
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