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Article: China Recycling Energy Corp. Announces New 10-Year Energy Efficiency Build Operate Transfer ('BOT') Contract with Shenmu County Jiujiang Trading Co., Ltd.
- Article from:
- PR Newswire
- Article date:
- November 2, 2009
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-- $18.3 million top-line revenue to be recognized in Q3 2009
-- Additional $38.4 million in interest income to be recognized over the
10-year term on a monthly basis
-- Project is expected to decrease annual coal consumption by 52,000 tons,
equivalent of 130,000 tons of CO2 emissions
XI'AN, China, Nov. 1 /PRNewswire-Asia-FirstCall/ -- China Recycling Energy Corp. (BULLETIN BOARD: CREG) ('CREG' or 'the Company'), a fast-growing industrial waste-to-energy solutions provider in China, today announced that it has delivered to Shenmu County Jiujiang Trading Co., Ltd. ("Shenmu") a set of 18-megawatt capacity ...