Wed, 01/18/2017 - 15:10

SAN LEANDRO, Calif. (Jan. 18, 2017)—Energy Recovery Inc., a leader in pressure energy technology for industrial fluid flows, announced the signing of a master agreement with German-based pump manufacturer Düchting Pumpen. The agreement will launch a collaborative partnership between the two companies, and will package Energy Recovery’s latest Pressure Exchanger technology with Düchting Pumpen’s pumping solutions to provide an all-encompassing energy recovery solution for customers in desalination, according to a statement from Energy Recovery. The partnership’s packaged solution will be provided through an Energy Services Agreement (ESA), specifically the Prime Performance ESA, which includes the launch of the next generation of Pressure Exchanger, the PX Prime. Energy Recovery President and CEO Joel Gay said, “Innovation is central to our Company’s DNA. Energy Recovery’s newly formed partnership with Düchting Pumpen is yet another conduit for value-creating innovation to the market and will further our position as the dominant player in the global desalination industry.” The Prime Performance ESA will work by packaging the desalination industry’s energy recovery technology, namely the PX Prime, with installation, service and maintenance for the energy recovery solution, according to the company. The agreement will allow customers to use this technology without requiring any substantial upfront costs. Instead, customers will pay for the technology over time through a percentage of the total savings that the solution generates. Gay added, “By utilizing the Prime Performance ESA as a vehicle for delivery, we have eliminated a significant barrier to entry for those customers who seek plant optimization but are unable to secure financing. We have often discussed the cyclicality and relative lack of size of our total addressable market within desalination. The Prime Performance ESA and newly formed partnership with Düchting Pumpen could increase the attractiveness of the desalination market by availing the Company of significant retrofit opportunities and the potential of recurring and more predictable revenue streams.” Düchting Pumpen will provide their pumps, which when paired with PX technology, will allow seamless integration into existing installations, according to the company. Dr. Carsten Düchting, CEO of Düchting Pumpen, said, “We look forward to continuing our partnership with Energy Recovery to deliver a unique solution that includes both industry-leading energy recovery and pumping equipment. We are excited at the prospect of accessing a new segment of the desalination market with this new solution.”