China Energy Recovery (CGYV.OB) Completes Major Contract for Hubei Yangfeng
QualityStocks (October 13th, 2009) Writes:
Headquartered in Shanghai, China Energy is an international leader in designing, fabricating, implementing and servicing energy recovery systems. With state-of-the-art technology which captures industrial waste energy to produce low cost electrical power, the company enables industrial manufacturers to reduce their energy costs, shrink their emissions footprint, and generate sellable emissions credits. With a growing reputation, China Energy caught the attention of investors globally with the announcement that it has completed a major contract for the Hubei Yangfeng Group which has a total value of $1.42 million.
This completed project will not only represent growth in the economy but will also help the environment. For example, while the $1.42 million will help China Energy Recovery embrace a new financial spectrum, the completed systems are designed to generate 120 tons of steam per hour, which translates into nearly 24MW of thermo power generation capacity. These systems will help Yangfeng achieve
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