Smart Powerr Corp. (CREG)

Provides energy storage and smart grid solutions, focusing on integrating renewable energy sources and enhancing energy efficiency.

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Smart Powerr Corp., formerly known as China Recycling Energy Corporation, operates within the waste energy recycling sector in China. The company specializes in providing energy-saving and recovery solutions tailored for various energy-intensive industries, including nonferrous metal plants. These solutions aim to mitigate air pollution and address energy shortages by implementing clean technology and enhancing energy efficiency.

Smart Powerr Corp. offers comprehensive services ranging from the design, financing, construction, and installation of waste energy recycling projects for mid to large-size enterprises involved in high energy-consuming sectors. Additionally, the company provides investment management, economic consulting, technical advisory, and financial leasing services. It engages in the purchase, repair, and disposal of financial leasing assets, as well as the sale and leasing of energy-saving systems and equipment.

The company's waste gas-to-energy solutions are integral to its portfolio, featuring waste gas power generation systems that convert flammable waste gases such as blast furnace gas and coke furnace gas into electricity. This process includes utilizing waste heat to generate steam for electricity production through steam turbines. Smart Powerr Corp. markets these projects to industrial manufacturers, promoting energy reccovery initiatives across diverse sectors including steel, cement, nonferrous metals, coal, and petrochemicals.

Headquartered in Xi'an, China, Smart Powerr Corp. was founded in 1980. With a longstanding commitment to advancing sustainable energy practices, the company continues to innovate and expand its capabilities in waste energy recycling. Through strategic initiatives and technological advancements, Smart Powerr Corp. strives to contribute to China's environmental goals while supporting the operational efficiency and sustainability efforts of its industrial clients.

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