Jun 11 2008
China Energy Recovery, Inc., today announced completion of construction of two major waste heat recovery systems in China. The company is also proud to announce the signing of contracts for two additional systems to be built for clients outside of China.
The two just-completed systems in China, one of which has just started operation and the other which is expected to be commissioned and online around early August, are capable of generating approximately 14 MW of electricity and 26.8 MW of directly usable heat energy through the capture and harnessing of waste-heat. These two projects are the latest to demonstrate the company's advanced technology and accelerated growth activity in China. Conversely, the two new contracts are for systems in Malaysia and the Congo and they demonstrate the rapid expansion the company is experiencing in other regions and industries around the world.
"We continue to enjoy tremendous growth and expansion within our homeland market in China, where our reputation for service and superior technology has earned us great respect," stated CER’s Chief Executive Officer, Mr. Wu Qinghuan. "However, we are extremely proud that our reputation has reached outside of China and is growing in other parts of the world."
The two systems just completed by CER in China were installed at two different sulfuric acid facilities in Shandong and Sichuan provinces respectively. Of the two new contracts, the project in Malaysia is intended for a biofuel combustion system with a planned production of 3 MW of electricity and 2.9 MW of heat energy. The project in Congo is for a waste heat recovery system for a sulfuric acid manufacturing facility and will produce usable heat energy of 51.3 MW that will be used directly.
While a majority of the waste heat recovery systems CER has installed to date have been for sulfuric acid plants in China, the company also has extensive experience installing and operating such systems for other industries such as the steel manufacturing, cement, paper mills and petro-chemical industries. The emerging biofuel industry, and the heat generation that can be achieved through the consumption of biofuel waste products, represent a valuable new business development area that CER believes has growing potential.
"We're very confident in our ability to service many different types of industries with our waste heat recovery systems, and turning biofuel waste products into additional energy is a great example of the expanding applications for CER technology in the emerging alternative fuel industry," continued Mr. Wu Qinghuan. "Our systems have proven effective under extremely demanding circumstances and in many different types of industries, and they're proven to deliver exceptional results. We're looking forward to these opportunities to expand our services into new regions and to further demonstrate to the global community the advanced solutions for heat energy recovery that China Energy Recovery has achieved."
What is Energy Recovery?
Industrial facilities and power plants release significant amounts of excess heat into the atmosphere in the form of hot exhaust gases or high pressure steam. Energy recovery is the process of recovering vast amounts of that wasted energy and converting it into usable electricity, dramatically lowering energy costs. Energy recovery systems are also capable of capturing the majority of carbon emissions and other harmful pollutants that would otherwise be released into the environment. It is estimated that energy recovery systems installed in U.S. industrial facilities could produce up to 20% of U.S. electricity needs without burning any additional fossil fuel, and could help many industries to meet stringent environmental regulations.