China Recycling Energy Corporation



Quote for China Recycling Energy Corporation

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CREG
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NASDAQ
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Quote Delayed 15 Min.
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Summary for China Recycling Energy Corporation

China Recycling Energy Corporation is engaged in the recycling energy business, providing energy savings and recycling products and services. Its business is primarily conducted through the wholly-owned subsidiary, Sifang Holdings and its wholly-owned subsidiaries, Shanghai TCH and Shanghai TCH's wholly-subsidiaries, Xi'an TCH Energy Technology Company, Ltd, Xingtai Huaxin Energy Tech Co., Ltd., Xi'an TCH's 80% owned subsidiary Erdos TCH, and Sifang Holding's subsidiary, Huahong New Energy Technology Co., Ltd. On April 14, 2009, the Company incorporated a joint venture with Erdos Metallurgy Co., Ltd. to recycle waste heat from Erdos's metal refining plants to generate power and steam. In October 2011, the Company expanded its waste-to-energy project portfolio with the acquisition of a 12 megawatts biomass power generation system from Shenqiu Yuneng Thermal Power Co., Ltd.