Press Releases | 10/13/2022

Flowserve Pumps to Enable Hawaii on its Journey to 100% Renewable Energy by 2045

DALLAS, October 13, 2022 – Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the company was awarded a contract to supply its vertical turbine pumps to McMillen Jacobs Associates for its design, engineering and construction services on the West Kauai Energy Project (WKEP) – a comprehensive, integrated renewable energy and irrigation project which will help the state of Hawaii reach its goal of a future with zero carbon emissions.

With the launch of the Hawaii Clean Energy Initiative in 2008, Hawaii became the first U.S. state to commit to 100% clean renewable energy by 2045. Through an agreement between the Kauai Island Utility Cooperative (KIUC) and a U.S. utility and power generation company, the WKEP will utilize state land and water for the following main objectives: renewable energy production via hydroelectric generation, renewable energy production via solar photovoltaic (PV) generation, pumped hydroelectric and battery storage, and irrigation delivery to support diversified agriculture.

Flowserve vertical turbine pumps will enable the sophisticated engineering design of the hydropower and pumped storage components of the project.  Upon WKEP’s completion, the project is expected to equip Kauai with 25% of its electricity needs. Specifically, the pumped hydropower will provide twelve hours of daily storage – a significant improvement to the standard storage from existing solar battery facilities which provide up to only five hours. This extended duration will allow the island to run on 100% renewable energy for longer periods of time without requiring sunlight. “We are excited to be a part of this meaningful project. Through our purpose to make the world better for everyone, we are well positioned to support Hawaii’s ambitious goals on the path to zero emissions,” said Tamara Morytko, president, Flowserve pumps division. “As we look to expand in low-carbon markets through the energy transition, Flowserve’s role in the WKEP is deeply aligned with our 3D growth strategy to diversify, decarbonize and digitize.”

To learn more about how Flowserve’s innovative solutions and services are helping customers through the energy transition, visit https://www.flowserve.com/en/energy-transition/energy-transition-in-motion/.

To see other ways Flowserve is helping reduce carbon emissions for our customers and in our own operations, read our 2021 ESG Report: https://flowserve.widen.net/s/ggt2wkxpkl/corpt000601_en_oth

Flowserve Contacts

Investor Contacts:
Jay Roueche, Vice President, Investor Relations & Treasurer, (972) 443-6560
Mike Mullin, Director, Investor Relations, (214) 697-8568

 

Media Contact:
Morgan Contreras, Director, Corporate Communications, (214) 476-0084

About Flowserve

Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company’s Web site at www.flowserve.com.

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All forward-looking statements included in this news release are based on information available to us on the date hereof, and we assume no obligation to update any forward-looking statement.