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 Saving named among Top 20 energy saving companies in China
NF Energy Saving Corporation (OTCBB: NFEC) has been recognised as one of the top Chinese energy service companies at an industry forum in Beijing. The company said in a statement it was presented with the "2009 Top 20 ESCO in China" award.
The award was presented at the recent China ESCO Industry Annual Meeting & China Energy Forum held in Beijing.
Headquartered in Shenyang city, NF Energy NF provides energy conservation services and products, which utilize its specialist energy-saving equipment and technical services. The company has several proprietary energy saving technologies and patents, including flow control systems and wind turbine components.
The current revenues are primarily from its energy saving flow control products. The company currently has 220 employees.
Last month, NF Energy said it won bidding on Phase III of a large ultra-supercritical coal power plant in Zhejiang province. It will supply 6 sets of DN2200 fluid-control butterfly valve to the project, and expects to recognize revenue from the deal of US$550,000 in the third quarter of 2010.
This power plant is one of China's new ultra-supercritical coal power plants being built to replace smaller, more polluting and inefficient coal power plants.
Also in January, it delivered 24 sets of its newly developed DN3600 ductile iron butterfly valve to a large water supply project in Guangzhou, the provincial capital of Guangdong in Southern China.
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
