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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:
- China Weekly News
- Article date:
- November 17, 2009
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China Recycling Energy Corp. (BULLETIN BOARD: CREG) ('CREG' or 'the Company'), a fast-growing industrial waste-to-energy solutions provider in China, announced that it has delivered to Shenmu County Jiujiang Trading Co., Ltd. ("Shenmu") a set of 18-megawatt capacity power generating systems pursuant to a Cooperative Contract on Coke-oven Gas Power Generation Project and a Gas Supply Contract for Coke-oven Gas Power Generation Project. The 10-year Contracts provide that the Company will recycle waste gas from Shenmu's 600,000 tons per year coke production line to generate power, which will then be sold back to Shenmu for use in production. Shenmu agrees to supply the ...