China Recycling Wins 7-MW Waste-to-Energy Project

China Recycling Energy Corp. (CREG) announced that it has won a contract to recycle waste gas and waste heat into electricity for China Zhonggang Binhai Enterprise Ltd. at a facility in Cangzhou City, China.

According to the contract, CREG will install a 7-megawatt capacity electricity generation system for Zhonggang Binhai, a nickel-iron manufacturing joint venture between China Zhonggang Group and Baosteel Group. The system will be an integral part of the facilities designed to produce 80,000 tons of nickel-iron per year. Construction is expected to be completed by July, 2009.

“We are excited that Zhonggang Binhai has chosen CREG to build the energy- recycling system for them,” said Guangyu Wu, CEO of CREG. “With our technology and experience in industrial waste-to-energy, this system can help Zhonggang Binhai reduce in excess of 20,000 tons of carbon dioxide emissions every year.”

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