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NF Energy, China Energy Conservation Union to Complete Steam-Heating Pipeline Energy Conserving Renovation Projects

NF Energy Saving, a company that provides energy saving services for municipal infrastructure development agencies, metallurgy, power, coal, petrochemical, and construction segments in China, declared that it has contracted a strategic partnership accord with China Energy Conservation Union (CECU), for the purpose of completing 19 steam-heating pipeline energy conserving renovation projects for a period of three years.

According to the terms of the accord, NF Energy will get a share in the profits from the energy savings yielded by the projects annually for the subsequent five years. Initially, the partnership will commence the construction of four energy conserving projects at Northern China’s large-scale petroleum refineries in 2011. Under the energy performance contracting model, the four projects will have the benefit of combining energy conserving intelligent flow-control systems expertise of NF Energy with that of the refined site consulting and end user administration advantages of CECU, thus allowing the clients a one stop solution. The projects are designed to provide 10% to 20% energy advantage to clients annually.

NF Energy will also be profited by the favorable short term and medium term tax benefits extended to energy conserving industries.

Source: http://www.nfenergy.com/

Joel Scanlon

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Joel Scanlon

Joel emigrated to Australia in 1995 and worked for five years in the mining industry as an exploration geotechnician, using GIS mapping and CAD software. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm. After that, he ran a successful business providing web services to businesses along the eastern seaboard of Australia. During this time, he developed and launched News-Medical.Net. Joel has been working with AZoNetwork since the company was founded in 2000.

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