Renewable Energy Stock Alert: China Recycling Energy (CREG) Gains over 19%
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New York, NY - July 8, 2013 (Investorideas.com renewable energy stocks newswire) Investorideas.com, an investor research portal specializing in sector research for independent investors, including renewable energy stocks issues a trading alert for China Recycling Energy Corporation (NasdaqGM:CREG), trading at $1.55, up 0.25 or 19.24% at 11:54AM EDT on over 400,000 shares.
China Recycling Energy Corp. (NASDAQ: CREG) is based in Xi'an, China and provides environmentally friendly waste-to-energy technologies to recycle industrial byproducts for steel mills, cement factories and coke plants in China. Byproducts include heat, steam, pressure, and exhaust to generate large amounts of lower-cost electricity and reduce the need for outside electrical sources. The Chinese government has adopted policies to encourage the use of recycling technologies to optimize resource allocation and reduce pollution. Currently, recycled energy represents only an estimated 1% of total energy consumption and this renewable energy resource is viewed as a growth market due to intensified environmental concerns and rising energy costs as the Chinese economy continues to expand. The management and engineering teams have over 20 years of experience in industrial energy recovery in China. For more information about CREG, please visit http://www.creg-cn.com.
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