SHENYANG, China, Nov. 29, 2016 /PRNewswire/ -- NF Energy Saving Corporation (NFEC) ("NF Energy" or the Company), a leading energy saving service solutions provider for China's power, petrochemical, coal, metallurgy, construction and municipal infrastructure development industries, announced that the Company recently held a conference with four domestic Chinese companies focusing on the saving energy field with respect to a new model of environmental protection- " no coal" .
At present, coal is still a widely-used resource of energy being the most reliable and economic in China. However, this resource of energy seriously damages the environment, such as haze etc. It is essential to promote the development of low carbon cycle, to speed up the energy technology innovation and set up a modern energy system with the clean low-carbon and safety according to the related policies issued by Chinese government in 2015. Currently, the green energy's utilization is lower if compared with other regions in China. Therefore, the Company believes that " no coal" has good prospects in the domestic market.
The Company plans to integrate a series of technologies relating to green energy based upon its more than 20 years' experience in the saving energy field, such as natural gas and renewable energy in order to devote to a" no coal new energy service system" as the largest service provider in North-east of China. In additional, NF Energy plans to strategically cooperate with other companies working on this field with the expectation to utilize their advantages so to achieve a win-win through joint investment projects.
About NF Energy Saving Corporation
NF Energy Saving Corporation (NASDAQ:NFEC) is a China-based provider of integrated energy conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project operations to provide energy saving services to clients. The Company's customers are mainly concentrated in the electrical generation (large-scale thermal power generation, hydroelectric power, and nuclear power), water supply, and heat supply industries. The majority of revenues are from energy efficient flow control solutions including equipment and energy efficiency project services. For more information, visit http://www.nfenergy.com.
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SOURCE NF Energy Saving Corporation