NF Energy
NF Energy-saving Corporation of America was listed on NASD OTCBB stock market. (Trading Symbol: NFES.OB). The Company operates its business through its wholly owned subsidiary in China, Liaoning Nengfa Weiye Energy Technology Co., Ltd., which principally focus on manufacturing energy-saving equipments and new energy facilities, contracting with energy-saving & pollution reduction Turn-Key project, and operating Energy Management Contract (EMC) projects.
Related news
- NF Energy Saving shares down as Q4 earnings slide
2011-03-25 - NF Energy signs contract with Fuxin HF Bio-energy for energy savings project in China
2010-09-15 - NF Energy expects to increase revenue by at least 33% in 2010
2010-04-21 - NF Energy expects to benefit from Chinese policies for energy
2010-04-14 - NF Energy expects 2009 earnings to soar 250% as revenues climb 28%
2010-02-26 - NF Energy Saving named among Top 20 energy saving companies in China
2010-02-03 - NF Energy wins contract to supply six butterfly valves to new coal power plant
2010-01-19 - NF Energy delivers 24 butterfly valves to Guangzhou water project
2010-01-05 - NF Energy wins flow control systems order for Shanghai gas power plant project
2009-12-01 - NF Energy Saving reports better than expected third quarter results
2009-11-14 - NF Energy Saving delivers 1st batch of butterfly valves for Guangdong province power plant
2009-11-03 - NF Energy granted two new patents for its energy efficient flow systems
2009-10-21 - NF Energy Saving wins bidding on phase I of Dahuofang water supply project
2009-10-16 - NF Energy wins US$0.7m deal for Russian hydroplant
2009-10-07 - NF Energy predicts 2009 revenues up 52pct to US$24m
2009-09-24 - NF Enegy to provide Sarbanes Oxley compliance consulting
2009-09-17 - NF Energy completes production of energy-efficient plant in Jiangsu
2009-09-10 - NF Energy Saving Corp wins US$43.9m contract from Shenyang hospital
2009-09-02 - NF Energy wins US$0.68m contract for flow control systems
2009-08-26 - NF Energy announces water supply contract in Shanghai
2009-08-19 - NF Energy Q2 revenue exceeds company guidance
2009-08-13 - NF Energy wins lighting systems contract for Liaoning Government
2009-08-12 - Catalyst Financial Resources gives NF Energy 'buy' rating
2009-08-07 - NF Energy wins US$2.6m order from Guangzhou Water Bureau
2009-08-05 - NF Energy in agreement with GE to co-operate on Chinese energy savings projects
2009-07-30 - An introduction to NF Energy
2009-07-29 - NF Energy Saving wins US$3.27m hydro plant order in Yunnan
2009-07-22 - NF Energy wins US$5.21m deal for flow control systems for two Guangdong power plants
2009-07-15 - NF Energy Delivers US$0.75 Million Flow Control Systems To Chinese Flagship Power Plant
2009-06-12
Company Statement
NF Energy Savings Corp of America (the "Company" or "NF Energy") (OTCBB: NFES), is a leading provider of energy saving and emission reduction equipment and services for China's rapidly growing cogeneration sector. The Company is headquartered in Shenyang, China.
The Company manufactures energy efficient flow control systems and wind cogeneration equipment and provides services to improve energy efficiency and reduce emissions The Company also provides energy saving technology consulting, optimization design services, energy saving reconstruction of pipeline networks and contractual energy management services for China's electric power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries.
The Company is a Chinese Representative Firm of The World Bank / Global Environment Funds (GEF), Member of Chicago Climate Exchange (CCX).
Current Operations
Flow Control Equipment
Flow control system equipment regulates the transportation of water, oil, heat and gas and is the key factor in determining the efficiency in all pipeline systems.
NF Energy's flow control systems can reduce energy use by 20% and has been successfully installed in projects in China and internationally. This technology was awarded "Number One Energy Saving Value of China" by the Chinese Energy Conservation Association.
In 2008, the Company completed orders for three sections of the "Redirect the Water from the Rivers in the South to the North Middle Section Jingshi Section Water Supply Engineering Project". (Read More)
Wind Power Components
Wind Energy equipment will be an important revenue source for the Company going forward due to rapid growth in this industry.
Current products include hubs, forward engine room foundations, bearing seats, and principal axles for 1.5MW wind systems. A new facility that is due to come online in 2009 will dramatically increase production capacity. (Read More)
Energy Saving ProjectsEnergy Efficiency and Emission Reduction Services target large factories, hospitals, school or other institutions to reduce energy use and emissions through energy auditing and efficiency planning.
China's 11th Five-Year Plan (2005-2010) has set energy conservation and emission reduction targets to be achieved by local governments and industries and will invest no less than RMB 1 trillion to reach these energy savings goals by 2010. The Government will reward enterprises according to the total savings from their energy-saving projects and the Central government has set aside RMB 7 billion to support the top 10 key energy saving projects. Emission reduction will be an important criterion in evaluating the performance of the leaders of local governments and large state owned enterprises.
Recent ProjectsThermal Power
NF Energy recently supplied $2.7m of flow control systems equipment for Phase III of the Guodian Zhejiang Beilun Power Plant, which is an important government project.
The valves are used in 2 x 1000MW ultra-supercritical coal-fired generating units, installed at the entrance and exit of water recovery condenser and recycle water cooling pipes to control the flow. (Read More)
* The valves reduce 20% energy consumption by providing:
* Two-way zero leakage seal device
* Intelligence control of valves to open and close at any angle according to flow
* Flow resistance minimization design
Hydro Power
NF Energy's fluid control butterfly valve used in hydro power plants is the most advanced in China. (Read More)
Main advantages include:
* Double seals (soft seal and metal seal) are combined in one valve, one taking role of on/off operation and another stopping upstream flow during maintenance - Traditionally there are two valves working separately; the maintenance valve is installed at front end of pipeline and water evacuation is required before maintenance which consumes unnecessary time and cost
* Saves half the time in opening and closing process by use of programming hydraulic system
* The valves can open and close at any angle according to flow
FOR MORE INFORMATION ON ALL NF ENERGY'S PROJECTS CLICK HERE
Management
Mr. Gang Li, Chairman & CEO
Mrs. Lihua Wang, Director & CFO
Ms. Hong Li, Director and Officer of Law Department
Contact Information
21-Jia Bei Si Dong Road Tie Xi Qu
Shenyang, LIA 110021
China
Tel: +86-24-25609750
