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China Recycling Energy Corporation Stock Forecast NASDAQ:CREG

$6.72 (2.91%)

Volume: 65k

Closed: Jan 19, 2022

Hollow Logo Score: -1.202

China Recycling Energy Corporation Stock Forecast

$6.72 (2.91%)

Volume: 65k

Closed: Jan 19, 2022

Score Hollow Logo -1.202

China Recycling Energy Corporation Company Profile

Chang An International Building

Xi'an City 710068

86 29 8769 1097


Industry: Utilities—Renewable

Sector: Utilities


China Recycling Energy Corporation engages in the recycling energy business in China. It designs, finances, constructs, operates, and transfers waste energy recycling projects to mid- to large-size enterprises involved in high energy-consuming businesses. The company offers waste pressure to energy systems, including the blast furnace top gas recovery turbine unit, a system that utilizes high pressure gas emitted from the blast furnace top to drive turbine units and generates electricity; and waste heat-to-energy solutions, such as heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes. It also provides waste gas-to-energy solution comprising the waste gas power generation system (WGPG) that utilizes flammable waste gas from coal mining, petroleum exploitation, refinery processing, or other sources as a fuel source to generate electricity; and the combined cycle power plant (CCPP), which employs power generating cycle to utilize the waste gas that generates electricity by burning the flammable waste gas in a gas turbine, as well as uses the waste heat from burning the gas and waste heat to make steam to generate additional electricity through a steam turbine. In addition, the company offers biomass power generation systems (BMPG); and waste heat power generation (WHPG) systems. As of December 31, 2015, it had five recycling WHPG systems, four BMPG systems, one WHPG system, two BPRT systems, and one WGPG system. The company was formerly known as China Digital Wireless, Inc. and changed its name to China Recycling Energy Corporation in March 2007. China Recycling Energy Corporation was incorporated in 1980 and is headquartered in Xi’an City, China.

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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