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.
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NF Energy wins US$0.7m deal for Russian hydroplant
NF Energy Saving Corporation (OTC:NFEC) said it won an order to provide an energy-efficient flow control system worth US$700,000 for a Russian hydropower plant.
Upon successful completion of the project, the company expects to sign an additional contract with the Russian plant to supply additional flow control systems with a total contract value of US$2.9 million.
Chairman and CEO Li Gang said: "We are very pleased to expand our presence into Russia and provide our energy-efficient flow control systems to this very large and well recognized hydropower plant."
Last month the group completed production of, and delivered, a US$1.2 million flow control systems for a power plant in Jiangsu Province. It also executed a 15 year, US$43.9 million energy management contract with a large hospital in Shenyang. NF Energy will provide management and technological expertise in the reconstruction of the hospital's lighting, elevator, air-conditioner, boiler, and hot water systems.
Other NF Energy 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

