China Recycling Energy Corp. (CREG) Announces Strategic Cooperation with China Cinda
China Recycling Energy Corp. provides environmentally friendly waste-to-energy technologies to recycle industrial byproducts for steel mills, cement factories and coke plants in China. Byproducts include heat, steam, pressure, and exhaust to generate large amounts of low-cost electricity and reduce the need for outside electrical sources. The company announced today its financing project in conjunction with China Cinda Asset Management Limited Corporation. China Cinda is one of the largest state-owned financial institutions and also an owner or shareholder of numerous large-scale high energy consuming industrial firms. China Recycling Energy hopes these companies will become users of its waste-to-energy solutions. The two…