During this time of turmoil, there is a great reluctance overtaking many investors, and it can be difficult to draw a positive outlook from the many piles of battered companies. Thankfully, there are always companies like China Energy Recovery (“CER”), whose keen business will be needed and desired no matter what the market conditions present.
CER is a Chinese corporation with a progressive technology that strengthens the efficiency of traditional power plants. Electricity is often produced by burning coal to produce steam, which in turn powers a turbine. The problem created by this process is a loss of up to two-thirds of the resulting heat energy, which is what you see billowing from a coal plant’s smokestacks.
CER provides a system which converts this otherwise squandered heat into more power for the plant, effectively reducing the amount of coal needed to carry on the process and reducing heat waste to a much more desirable 10 percent.
Recent government mandates in the People’s Republic of China are requiring greater efficiency levels, as well as a reduced output of harmful pollutants. Many coal-fired plants have already been shut down for failing to comply with these new standards. These, of course, are facilities that were not implementing CER’s cutting-edge efficiency system.
Perhaps the best part of the CER system is that it pays for itself, often in less than 18 months, by way of the huge fuel savings that it provides. An investment highlight of the company is the positive trend in its yearly profits. In 2006, the company recorded $5.5 million in sales. 2007 saw that number increased more than 100% to $11.8 million. For this year, the figures are expected to double yet again, with estimates putting the projected number at $26 million. One must give credit to a company whose business is doubling on an annual basis. China Energy Recovery, Inc. is most certainly an earth-friendly corporation that deserves attention.
Let us hear your thoughts below: