China Recycling Energy Corp (CREG)

[Trevor11]

CREG:CEO YESTERDAY: Q2,2015, TO ADD 40 MEGAWATTS OF CAPACITY... TO INCREASE OUR SALES..





A SIDE NOTE:

(1 MW can power as many as 1000 homes. And OTHER STUDIES SUGGEST THAT 45 MW CAN POWER A SMALL CITY OF 80,000. Now based on California medium energy estimates. I estimated usage in A TOWN OF ROUGHLY 1 MILLION (SAN JOSE) and found the consumption of power at 740 MW

Source: https://www.google.com/?gws_rd=ssl#q=how+many+megawatts+to+power+a+city)





YESTERDAY's CONFERENCE CALL TRANSCRIPT SOURCE: seekingalpha.com/article/3024616-china-recycling-energys-creg-ceo-guohua-ku-on-q4-2014-results-earnings-call-transcript?all=true&find=creg%2C%2B2015

Q4 2014 Results - Earnings Call, Transcript
Mar. 24, 2015 12:30 PM ET |



Joining us on today's conference call are Mr. Ku, Chief Executive Officer and Mr. Su, Assistant of Chief Financial Officer and Security of the Board of Directors. Because there will be some translations during the call, we ask for your patience at that time. Mr. Ku, the Chief Executive Officer of China Recycling Energy Corporation will now deliver his opening remarks and Mr. Su will translate him thereafter. Please go ahead...


Guohua Ku - CEO said...

Currently we have 13 system in operation with our total capacity of 125 megawatts although due to the delayed delivered of the treatment [indiscernible] and other center offset our [indiscernible]. Some of our projects on construction are behind schedule. We now expect that WHPG system to send core group and WHPG system to Zhong Gang where we completed in second quarter of 2015. This two system had a total capacity of 40 megawatts which will increase our sales...


CONFERENCE CALL TRANSCRIPT SOURCE: http://seekingalpha.com/article/3024616-china-recycling-energys-creg-ceo-guohua-ku-on-q4-2014-results-earnings-call-transcript?all=true&find=creg%2C%2B2015