The partnership’s packaged solution will be provided through an Energy Services Agreement (ESA). The Prime Performance ESA will work by packaging the PX Prime, with installation, service and maintenance for the energy recovery solution. The agreement will allow desalination 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.
“Just as we redefined the technology standard nearly 20 years ago with the introduction of our flagship Pressure Exchanger, the Prime Performance Energy Services Agreement could very well emerge as the procurement standard of the future. The multi-faceted synergies realized through our partnership with Düchting Pumpen, namely a complete, flawless delivery system of the industry’s best technology, service and support will lend significantly to this potential industry shift,” said Energy Recovery’s president and CEO Joel Gay.
“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,” added Gay.
Düchting Pumpen has decades of expertise in advanced centrifugal pumps for reverse osmosis desalination.
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.”