Energy Recovery: is there a similar company in India?

An interesting IPO which did very well on first day (in bad times). They recover pressure energy back from waste stream to boost the feed seawater, reducing energy consumption of sea-water desalination. Simple concept but very powerful and useful.

This is a good animation of how it works.

http://www.energyrecovery.com/px_technology/ERIPX3DAnimation.mov

Founded in the early 1990s, Energy Recovery develops systems that capture and recycle energy from desalination. The company says that its main product – PX Pressure Exchanger (PX) – conserves up to 98% of the energy.

And, in terms of market coverage, PX systems are installed in over 300 desalination plants. As a result, Energy Recovery's growth rate has been particularly strong. Revenues have gone from $4 million in 2003 to $35.4 million in 2007.

Manoj

CleanTech event - Lets meet

I will be at this CleanTech event for two days. If anyone of you is also present there will love to meet. Drop me an email at manoj@nexusindiacap.com

2nd India CleanTech Forum
10th & 11th July 2008
The Taj Mahal Hotel
1, Mansingh Road
New Delhi - 110 011 India.

For more Information, please visit

http://www.cleantechforum.com/

Manoj