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0.12280701754386 0.130325814536341 -0.0100250626566416 0.0050125313283207 -0.037593984962406 -0.0852130325814536 -0.0852130325814536 -0.0954887218045113
Stock impact report

China Recycling Energy Announces its Intention of Strategic Transformation into Energy Storage Areas

Smart Powerr Corp. (CREG) 
US:NASDAQ Investor Relations: creg-cn.com/en
Company Research Source: GlobeNewswire
XIAN, China, Nov. 21, 2017 (GLOBE NEWSWIRE) -- China Recycling Energy Corp. (NASDAQ:CREG) ("CREG" or "the Company"), a leading industrial waste-to-energy solution provider in China, today announce that to conform to megatrends of domestic and international new energy and distributed energy sources, relying on its customer resources, rich professional experience and technical resources, which have accumulated over years, and alliance with other strategic partners, the Company plans to transform into “an energy storage integrated solution provider”. At present, the global energy storage industry development has broad prospects. Many research institutions from different fields predicted future capacity of energy storage systems and showed confidence in the future market of energy storage, though with different definitions. According to Navigant Research data, in 2016 installed capacity of the global new energy storage and renewable energy was around 161 MW; with continuous falling of Show less Read more
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