Forbes Column 08: Hydro-Alchemy
Friday, May 9, 2008
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5 comments
My new Forbes column, Hydro-Alchemy, discusses the world’s upcoming water crisis and an entrepreneurial venture, Energy Recovery Inc., that is tackling the problem with a Sea Water Reverse Osmosis technology for water desalination. You may have read my interview with Hans Peter Michelet last year.
ERI has recently filed to go public.
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“ERI has recently filed to go public.” Please update. Is there a ticker symbol yet assigned?
This seems like one of the biggest developments in making desal affordable, and this article is the first I’ve heard of the company. Is there a reason it isn’t given credit? Even the “Ways to Play Water” article linked at the bottom of the Hydro-Alchemy article, that mentions a bunch of exciting water companies, doesn’t note them at all. Am I missing something?
Hi Sramana,
Great! I am glad to see that you are taking this on as a serious key column discussion.
Lets start with my key inspirer and best Personal Tutor at Salford Univerity, UK - that I ever had who is Dr. Mashelkar!: http://en.wikipedia.org/wiki/Raghunath_Anant_Mashelkar
If we use him as a role model we can move mountains and oceans!
Wonderful! This is exact burning topic of my other response couple of weeks back - free energy and water - READ: http://sramanamitra.com/2008/05/02/forbes-column-lighting-the-way-in-india/
Quote:
“I work in the Energy Industry. So I know this stuff!
There is a much vaster indefatigable source of energy than windmills/turbines or solar panels or geothermals … a 30 ft by 30 ft structure can pump 40 MW of power day and NIGHT - DAY AND NIGHT !!!
That is an equivalent of 2 to 3 MILLION GALLONS A DAY of FRESH WATER THAT CAN BE MADE WITH THAT “FREE†ELECTRICITY FROM THE OCEANS if used for that!” end quote.
Sramana, please keep it up … as no IItian ever responded to my earlier chanoti!
All others are really looked forward to respond to my earlier blog response!
Best Regards,
Kirti.
Charles, Jason -
Yes, the ticker is ERII. There has been a bit of coverage about ERI’s IPO on MSNBC and Marketwatch, but I agree with you, not enough, and nowhere near what they deserve.
They’re in quiet period now, but it’s also a factor of not being in the Silicon Valley system. The company has more an European culture, lot more discreet.
Sramana
[...] Michelet, Executive Chairman; stock analysis immediately after the IPO in Q308, my Forbes columns, Hydro-Alchemy and Water Firm Enlivens IPO [...]