Smart Powerr Corp. (CREG) Research

Smart Powerr Corp., headquartered in Xi'an, China, is an enterprise focused on the recovery and utilization of waste energy throughout China. Founded in 1980, the company operated as China Recycling Energy Corporation until its rebranding to Smart Powerr Corp. in March 2022. The firm delivers a comprehensive suite of services for energy recycling projects, encompassing design, funding, construction, installation, operational management, and eventual transfer. These solutions are primarily tailored for medium to large-scale industrial companies that are significant energy consumers. Its offerings include: Waste pressure-to-energy solutions: These feature systems like the Blast Furnace Top Gas Recovery Turbine Unit (BPRT), which effectively converts the high-pressure gas expelled from blast furnaces into usable electricity. Waste heat-to-energy solutions: The company develops power generation projects that capture and convert surplus heat from various industrial operations, including those in the cement, steel, coking coal, and nonferrous metal sectors. Waste gas-to-energy solutions: This category includes the Waste Gas Power Generation system, designed to transform flammable waste gases – sourced from activities such as coal mining, petroleum extraction, or refinery processes – into electrical power. Additionally, Smart Powerr Corp. implements Combined Cycle Power Plants, which operate by initially burning combustible waste gas in a gas turbine to generate electricity, and then ingeniously leverage the exhaust heat from this process to produce steam, driving a separate steam turbine for enhanced power output. Beyond its core engineering activities, Smart Powerr Corp. provides project investment and investment management services. It also offers consulting in economic information and technical areas. The company is involved in financial leasing, including advisory services for such transactions, and manages leased assets through purchasing, repair, and disposal. Furthermore, it engages in the sale and leasing of energy-saving systems and equipment.

Market snapshot

Symbol
CREG
Price
$2.77
Day change
+4.92%
Market cap
$6.4M
P/E ratio
-2.65x
52-week range
1.6-28
Sector
Utilities
Industry
Renewable Utilities

Peer companies

  • Advent Technologies Holdings, Inc. (ADN)
  • Brenmiller Energy Ltd (BNRG)
  • Euro Tech Holdings Company Limited (CLWT)
  • China Pharma Holdings, Inc. (CPHI)
  • Ørsted A/S (DNNGY)
  • Fusion Fuel Green PLC (HTOOW)
  • SemiLEDs Corporation (LEDS)
  • Recon Technology, Ltd. (RCON)

Recent insider activity

  • Liu Zhongli — trade (0 shares) on 2020-03-06
  • Shi Yongjiang — trade (0 shares) on 2019-12-20
  • Ku Guohua — S-Sale (665 shares) on 2015-12-15
  • Ku Guohua — S-Sale (266 shares) on 2016-03-09
  • Ku Guohua — G-Gift (20000 shares) on 2016-11-08

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