Energy Recovery files IPO for desalination

Energy Recovery, a San Leandro, Calif.-based firm which develops water desalination devices, has filed plans to list its shares on the NASDAQ under the ticker symbol “ERII.” The company expects its 14 million shares — 8.1 million of which will be offered by the firm… Continue Reading

Water scarcity woes point to big opportunities in desalination

Water scarcity woes point to big opportunities in desalination

The drying of the western U.S. and recent news that California is in its second year of a drought has notched up the urgency of water issues. One potential solution is desalination, but such systems have long been considered pricey energy hogs. That’s fine for… Continue Reading