Tag Archives: UTI

BLUETTI AC500 vs. AC300: What’s Changed?


SYDNEY, April 29, 2023 /PRNewswire/ — The BLUETTI AC500, an upgrade to the classic model AC300, debuted on Indiegogo and achieved remarkable success. It raised over $12 million in two months, breaking the world record for any portable power station fundraising event.

AC500 vs. AC300
AC500 vs. AC300

Comparison of AC300 & AC500

Model

AC300

AC500

Rated Power

3,000W

5,000W

Scalability

Up to 4*B300

Up to 6* B300S or 4*B300

Max. Input (AC+PV)

5,400W

8,000W

Max. AC Input

3,000W

5,000W (at least 2*B300S)

Max. Solar Input

2,400W

3,000W

Smart App Control

Price

Start with $5,598

Start with $6,499

Warranty

4-Year

  • Same Size, Different Energy    

AC300 boasts a 3,000W output power, while AC500 has raised to 5,000W. The AC300 can work with up to 4 B300s to reach 12,288Wh capacity, whereas the AC500 can support up to 6 x B300S for 18,432Wh or 4 x B300 for 12,288Wh. 

  • Unrivaled Charging Speed

AC300 features up to 5,400W input rate via AC outlet and solar panels simultaneously. However, the AC500 takes this a step further – 8,000W! An AC500 + 2 x B300S system 0-80% recharging takes 40 minutes.

  • Endless Solar Energy

The AC300 system can support a maximum solar input of 2,400W, while 3,000W for AC500. They can deliver constant power to devices or store any excess energy in their batteries for later use. Numerous solar panels, including the BLUETTI PV200, PV350, and PV420, can be used for efficient charging.

  • Upgraded Battery Pack

The B300S is designed with an intelligent self-heating capability to heat up responsively even when the ambient temperature is as low as -20℃, ensuring that the AC500 system operates smoothly during winter.

  • Friendly to B300 Users

The AC500 is compatible with B300 and B300S, so the AC300 owners can gain 170% power by purchasing an AC500 instead of replacing the entire system. They can also be mixed in an AC500 system (up to 4 packs in total).

  • Is AC300 still worth it?  

When considering the price difference of up to $999, the AC300 may be a more budget-friendly option for users who don’t require extreme performance. Yet, the AC500 would be a better choice for those living in colder areas, as it offers higher power and more efficient charge/discharge rates.

About BLUETTI 

BLUETTI has been committed to promoting sustainability and green energy solutions since its inception. By offering eco-friendly energy storage solutions for both indoor and outdoor use, BLUETTI aims to provide exceptional experiences while contributing to a sustainable future for our planet. This commitment has helped BLUETTI expand its reach to over 110 countries and gain the trust of millions of customers worldwide.

For more information, please visit BLUETTI online at https://www.bluettipower.com.au/.

Ampotech joins Coastal Sustainability Alliance to Support Decarbonization of Maritime Sector


SINGAPORE, April 25, 2023 /PRNewswire/ — Singapore-based energy technology startup Ampotech is bringing its internet of things enabled energy management technology to the maritime sector. On 25 April 2023, Ampotech was one of 11 new members signing a Memorandum of Understanding to join the Coastal Sustainability Alliance (CSA).

Coastal Sustainability Alliance
Coastal Sustainability Alliance

CSA, launched in 2022 and helmed by Kuok Maritime, is an alliance dedicated to decarbonizing Singapore’s marine industry by developing electric vessels, charging infrastructure and power management systems, as well as coastal logistics optimization solutions. The 18 member CSA expects to invest over S$20 million into various sustainability efforts over the next ten years with the aim of a 50% reduction in vessel carbon emissions and 20% in marine traffic by 2030.

“The Coastal Sustainability Alliance’s efforts to build the next generation coastal logistics ecosystem has progressed to plans. The alliance is excited to contribute in incubating our local start-ups. Ampotech’s research initiatives will reinforce the efficiency and reliability of our PXO vessels. We will provide them with our full support to achieve our common goals.” Victor Yeap, Senior General Manager, PaxOcean.

As one of the new technology providers in CSA, Ampotech expects to work closely with fellow members PaxOcean, M1, GenPlus, and ST Engineering to track and optimize the energy use of the battery-powered PXO e-tug and e-supply vessels, which will be the first and largest locally designed, built, and deployed boats to be in operation in Singapore.

“Our energy management technology is proven for on-shore applications in commercial and industrial buildings, and we are excited to have the opportunity to bring those capabilities into the maritime sector with CSA to have a larger impact” said Ampotech CEO William Temple.

About Ampotech

Ampotech Pte Ltd is an energy technology company based in Singapore that develops internet of things (IoT) hardware and AI-enabled software to help businesses collect, analyse, and integrate building and machine electricity usage data for sustainability reporting, benchmarking, automation, and facilities management. Ampotech’s products and software are trusted by industry leaders in the energy and real estate sectors, with thousands of devices deployed in commercial, residential, and industrial buildings. Ampotech has been recognized as one of the top climate tech companies in Southeast Asia, and has won awards for its technology and impact in the built environment sector. For more information, please visit www.ampotech.com.

INMOTION Set to Showcase Latest Innovations at Trade Show in Hong Kong

SHENZHEN, China, April 10, 2023 /PRNewswire/ — A leading global company in the fields of intelligent short-distance transportation, INMOTION, announces their attendance at the upcoming Globe Source Consumer Electronics. The trade show is scheduled to be held in Hong Kong from April 11th-14th, 2023.

Inmotion will unveil a brand new ultra- high performance electric scooter Inmotion RS at the Global Source Consumer Electronics from April 11-14, 2023
Inmotion will unveil a brand new ultra- high performance electric scooter Inmotion RS at the Global Source Consumer Electronics from April 11-14, 2023

INMOTION a tech company creating electric vehicles for personal transportation. The company is responsible for R&D, manufacturing, marketing, and everything in between. With their focus on affordable and eco-friendly mobility solutions, INMOTION has quickly become a household name in the e-mobility industry.

At Globe Source Consumer Electronics, INMOTION plans to showcase their latest innovations in electric transportation technology, including their new line of electric scooter. Visitors to the INMOTION booth can expect to see sleek designs, advanced battery technology, and cutting-edge safety features that make these products stand out from the competition.

In addition to their existing products, INMOTION will also be unveiling a brand new ultra-high performance electric scooter. The vehicle delivers an impressive speed of 100km/h and it is the world’s first electric scooter with transformer system, one can experience four riding forms, transform from a sports car, sedan, SUV to an off-road vehicle, empowering you to take on any challenge.

“We’re thrilled to be attending Globe Source Consumer Electronics this year and to be able to share our latest innovations in electric transportation with the world,” said Bob Yan, CEO of INMOTION, “Our goal is to make sustainable mobility accessible and convenient for everyone, and we believe that events like Globe Source Consumer Electronics are the perfect opportunity to showcase the incredible potential of e-mobility.”

With their innovative approach to sustainable transportation and a commitment to providing affordable and accessible options for consumers, INMOTION is sure to be one of the most talked-about companies at Globe Source Consumer Electronics this year.

Simply learn more information from: https://www.facebook.com/InmotionWorld

About INMOTION

Founded in 2012, INMOTION is a global high-tech company integrated with R&D, manufacturing and marketing sensor-controlled vehicles for personal transportation. At present, INMOTION’s products lines cover electric unicycle, electric scooter, e-bike, hoverboard and more. Centered on these product lines, INMOTION will always strive to shape the transportation sector by crafting more cutting-edge rides to simplify the travel and commute within the city for all riders of all ages.

PR Contacts:

marketing@imscv.com

sales@imscv.com

Celebrate Easter with BLUETTI Hidden Eggs


LAS VEGAS, April 7, 2023 /PRNewswire/ — Easter 2023 is just a few weeks away, BLUETTI Easter campaign will be in full swing as of April 6 with plenty of stand-out savings from home battery systems, portable power stations to a wide array of solar panels, providing multiple options for delivering Easter gifts and boosting every Easter celebration.  


As the first 100% modular model of BLUETTI, AC300 has a flexible capacity of up to 12,288Wh by pairing with B300 expansion batteries, adding a 3,000W PSW inverter that meets most power needs for RV trips, DIY woodworking, and outdoor gardening, etc.

AC500 is another modular that can be expanded from 3,072Wh to 18,432Wh by teaming up with B300S. Equipped with LiFePO4 battery cell for secure operation and prolonged lifespan, AC500 features over 3500 life cycles. Simply plug into AC outlets and solar panels simultaneously for a max 8,000 input, so 80% SOC only takes within ONE HOUR. If planning a short-term trip, the UPS function can let go of the worries about power failures at home since a constant power supply will always be on call to keep the essentials like refrigerator and fish tank running without interruption.   

The portable EB3A makes solar energy accessible while plugging with BLUETTI PV120/PV200. Plus, its 268Wh capacity, 600W output power, and versatile outputs can juice up numerous devices on the go for hours, such as laptops, mini fridges, cookers, and more. EB3A supports up to 430W dual charging, 80% SOC takes only 30 minutes. A convenient handle is also included for grab-and-go mobile power wherever power is in need.

BLUETTI EB55 and EB70S now has become more affordable. Featuring with 700W and 800W continuous output respectively, they are widely used with solar panels in various outdoor scenarios, including, camping, picnic, fishing, etc.  

AC200MAX is ideal for those looking for a budget-saving energy storage solution. Its capacity can be grown if necessary while working with B230 battery packs. With the innovative BLUETTI App, it can be remotely controlled and monitored in real-time.  

BLUETTI AC200P, a flagship model that comes with a 2000Wh capacity and 2000W continuous power for versatile applications. It accepts B230 or B300 expansion batteries to enlarge the capacity for a step forward in energy self-sufficient.     

Enjoy a solar lifestyle with BLUETTI PV120, PV200, PV350, and PV420. Using multi-layered ETFE to ensure higher efficiency and longer lifespan. Thanks to the 23.4% conversion rate, the solar panels can sip power from the sun at high speed and run most electronics for hours on end. 

About BLUETTI 

From the very beginning, BLUETTI has tried to stay true to a sustainable future through green energy storage solutions for both indoor and outdoor use while delivering an exceptional eco-friendly experience for our homes and our world. That’s why BLUETTI makes its presence in 70+ countries and is trusted by millions of customers across the globe. For more information, please visit BLUETTI online at https://www.bluettipower.com/ or follow BLUETTI on:

YouTube: https://www.youtube.com/c/bluettiofficial
Facebook: https://www.facebook.com/bluetti.inc/
Twitter: https://twitter.com/bluetti_inc
Instagram: https://www.instagram.com/bluetti_official/

Delta Honored as “A” Grade Supplier Engagement Leader by CDP for Supply Chain Sustainability for the 3rd Consecutive Year

TAIPEI, March 24, 2023 /PRNewswire/ — CDP recently announced their 2022 Supplier Engagement Rating (SER), and named Delta the “Supplier Engagement Leader” with the highest scores, “A” rating, in key rating categories such as “Overall CDP Climate Change Performance”, “Supply Chain Engagement” and “Scope 3 Emissions”.  This is the third consecutive year that CDP has recognized Delta as Supplier Engagement Leader, after awarding Delta the Double A List Rating on “Climate Change” and “Water Security” last year. Delta’s efforts and action on climate issues are once again recognized by indicative assessment.

Jesse Chou, chief sustainability officer of Delta, stated that Delta has long been concerned about climate change and global warming, while proactively participating in international sustainability initiatives, and implementing energy-saving projects in daily operations. In 2021, Delta achieved its SBT target ahead of schedule and today the proportion of renewable electricity used at Delta’s global sites has reached 55%. Based on this achievement, Delta is committed to reaching RE100 and carbon neutrality by 2030 and has established a long-term strategy with plans to achieve net zero emissions by 2050 in response to global efforts to control global warming in line with the 1.5°C pathway. This makes Delta the first company in the technology hardware and equipment industry in Asia and the 125th company in the world to have passed the SBTi’s net-zero science-based target review*1.

To achieve the long-term target of net zero emissions in 2050, Delta has set a target to reduce Scope 3 emissions*2 by 25% in 2030 compared with a base year of 2021. Delta also strives to create a sustainable supply chain and demands its tier 1 suppliers to meet the ISO14064-1 greenhouse gas emissions standard by 2025. In addition to regularly providing ESG training for suppliers, Delta leads suppliers in carrying out carbon inventory, collaborates with more than 90% of its tier 1 suppliers every year on climate change related issues, and provides their energy-saving and carbon reduction experience to help suppliers implement carbon reduction. Delta also promotes a supply chain sustainability plan, helping long-term suppliers with energy-saving diagnosis and improvement, and at the same time promoting Delta’s energy-saving products and solutions in the process. Delta’s technical expertise has helped a semiconductor manufacturer implement energy-saving improvements with an overall investment of US$1.8 million and an annual electricity savings of 14 million kWh, equivalent to an annual savings of US$1.15 million*3.

Each year, Delta calculates the manufacturing carbon footprint for nearly 40 customers participating in the CDP supply chain program and provides energy-saving technologies and carbon reduction benefits to reduce greenhouse gas emissions at each manufacturing step. From 2010 to 2021, Delta’s high-efficiency products have helped global customers save a total of 35.9 billion kilowatt-hours of electricity, which is equivalent to reducing 19.01 million tons of carbon emissions. Since 2015, 11 energy-saving products shipped by Delta, including electronic ballasts, server power supplies, photovoltaic inverters, electric vehicle DC chargers, have been successively verified by ISAE 3000, demonstrating actual results in helping customers in carbon reduction. In addition, Delta’s main production plants were 100% compliant with ISO 14064-1 certification in both the scope 1 and scope 2 greenhouse gases emissions in 2021, and scope 3 has also been certified by a third party. The manufacturing plants and buildings have also implemented 80 water-saving programs and 64 waste reduction measures, saving a total of 165.8 thousand tons of water and 3,986 metric tons of waste*3.  All of Delta’s climate actions and actual results are in line with CDP SER’s target of carbon reduction through supplier engagement.

CDP’s annual environmental disclosure and scoring is recognized as an important standard for the transparency of corporate environmental sustainability. Its supply chain program has about 280 major members, with a total procurement expenditure of up to US$6.4 trillion. CDP conducts its annual SER assessment using each company’s response to questions on governance, targets, Scope 3 emissions, overall climate change project performance, and supply chain engagement in the CDP Climate Change questionnaire with companies on a supply chain program. In 2022, more than 18,500 companies participated in CDP disclosure.

Note 1.     The net-zero SBT set by Delta was approved by SBTi in December 2022 where the long-term target is to reduce Scope 1+2+3 greenhouse gas emissions by 2050 with the base year of 2021. At the same time, Delta establishes a new short-term target based on the 1.5°C pathway including a reduction of Scope 1+2 emissions by 90% in 2030, and a reduction of Scope 3 emissions by 25% compared with the base year of 2021, which is stricter than the SBTi 1.5°C requirement to reduce Scope 1+2 emissions by 42% in 2030.

Note 2.     Scope of Greenhouse Gas Emissions (Scope 1-3):
–  Scope 1: Direct emissions from the sources owned or controlled by an organization (such as diesel, gasoline, or natural gas)
–  Scope 2: Indirect emissions from an organization’s purchased electricity
–  Scope 3: Other indirect emissions from the upstream and downstream organizational activities of a company’s supply chain

Note 3.     Please refer to the 2021 Delta Electronics ESG Report.

About Delta

Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 12 consecutive years. In 2022, Delta was also recognized by CDP with double A List for its substantial contribution to climate change and water security issues and named Supplier Engagement Leader for its continuous development of a sustainable value chain for the 3rd consecutive year.

For detailed information about Delta, please visit: www.deltaww.com

Recon Technology Announces Closing of $8 million Registered Direct Offering

BEIJING, March 18, 2023 /PRNewswire/ — Recon Technology, Ltd. (NASDAQ: RCON) (“Recon” or the “Company”) announced today the closing of its previously announced registered direct offering with certain accredited investors to purchase approximately $8 million worth of its Class A ordinary shares (or pre-funded warrants to purchase Class A ordinary shares in lieu thereof) in a registered direct offering, and Class A ordinary shares warrants in a concurrent private placement, for proceeds of approximately $8 million. In addition, ordinary share purchase warrants to purchase an aggregate of 7,950,769 ordinary shares previously issued by the Company to certain institutional investors on June 16, 2021 had the exercise price reduced to $0.80 in connection with this offering.

After deducting the placement agent’s commission and other offering expenses payable by the Company, the net proceeds to the Company were approximately $7.1 million. The Company intends to use the net proceeds for general corporate purposes, including for the Company’s research and development needs for current and future products, expansion of marketing efforts, and possible acquisitions of complementary assets or businesses.

Maxim Group LLC (“Maxim”) acted as the sole placement agent in connection with this offering.

The securities described above were offered by the Company pursuant to a shelf registration statement on Form F-3 filed with the Securities and Exchange Commission (SEC) dated December 2, 2022, and declared effective on January 5, 2023. A prospectus supplement related to the offering were filed with the SEC on March 17, 2023 and is available on the SEC’s website at http://www.sec.gov. Copies of the prospectus supplements relating to the offering may be obtained, when available, by contacting: Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, by telephone: at (212) 895-3500.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About Recon Technology, Ltd.

Recon Technology, Ltd (NASDAQ: Recon) is China’s first listed non-state owned oil and gas field service company on NASDAQ. Recon supplies China’s largest oil exploration companies, Sinopec (NYSE: SNP) and The China National Petroleum Corporation (“CNPC”), with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, Recon has taken leading positions on several segmented markets of the oil and gas filed service industry. Recon also has developed stable long-term cooperation relationship with its major clients. For additional information please visit: www.recon.cn.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, whether we will sign any additional contracts with the North China Branch, the final revenue from providing services to the North China Branch, actual results of our solutions in the field, levels of spending in our industry as well as consumer confidence generally; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

For more information, please contact:
Ms. Liu Jia
Chief Financial Officer
Recon Technology, Ltd
Phone: +86 (10) 8494-5188
Email: info@recon.cn

Emeren Issues Statement Regarding Silicon Valley Bank


STAMFORD, Conn., March 12, 2023 /PRNewswire/ — Emeren Group Ltd (“Emeren” or the “Company”) (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced that it does not hold cash deposits or securities at Silicon Valley Bank.

About Emeren Group Ltd
Emeren Group Ltd. (NYSE: SOL) is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The Company focuses on solar power project development, construction management and project financing services with local professional teams in more than 10 countries. For more information, go to www.emeren.com.

BLUETTI’s Autumn Sale Adds More Fun to Autumn Outdoor Activities


SYDNEY, March 7, 2023 /PRNewswire/ — Starting March 7, BLUETTI, the leading brand in clean energy storage industry, is offering a bundle of savings on power stations, solar panels and kits for people to explore nature.

Autumn Camping with BLUETTI
Autumn Camping with BLUETTI

Versatile Power for Glamping and Emergency Backup

Autumn is the time to get out and enjoy the great outdoors. Planning a glamping trip or resuming a van lifestyle cannot be done without mobile power. BLUETTI’s AC200MAX, EB200P and AC200P are the perfect options with their massive power and flexible capacity. They can deliver around 2000W from their 2000Wh LPF batteries, which last over 3500 cycles. Typically, their capacities can be further increased by adding external battery packs of 2048Wh B230 or 3072Wh B300.

Multiple outputs (13 for AC200P, 15 for AC200MAX and EB200P) can charge various devices. The powerhouses also feature multiple charging options, including fast solar input or dual AC + solar input, to bring peace-of-mind for outdoor adventures.  

Mobile Solar Power for Longer Playtime

One of BLUETTI’s goals is to provide enough power people need in the wild. The EB3A ,EB55 and EB70 portable solar generators can certainly live up to expectations. They are both handy and powerful enough: The EB3A can provide 600 W power to 8 different devices from its 268 Wh LFP battery. EB55 has a larger capacity of 537Wh and supports a 1400W surge, powering over 700W devices with 11 outlets. Rated at 1000 W, the EB70 can charge 10 devices from its massive 716 Wh storage.

Even if the solar generators are depleted, they can be quickly replenished by fast solar charging via BLUETTI portable solar panels. All BLUETTI panels, including PV120, PV200, PV350, use monocrystalline cells with up to 23.4% efficiency. They are IP65 rated for water and dust resistance. The fold-and-go design makes them easy to store and transport.

About BLUETTI

With over 10 years of industry experience, BLUETTI has tried to stay true to a sustainable future through green energy storage solutions for both indoor and outdoor use while delivering an exceptional eco-friendly experience for everyone and the world. BLUETTI is making its presence in 70+ countries and is trusted by millions of customers across the globe. For more information, please visit BLUETTI online at https://www.bluettipower.com.au/.

Social Media
Facebook: https://www.facebook.com/bluetti.au
Instagram: https://www.instagram.com/bluetti_australia/
Youtube: https://www.youtube.com/@BLUETTIOfficial

New market update: February 2023

Concordia Maritime has published a new market update

GOTHENBURG, Sweden, Feb. 3, 2023 /PRNewswire/ — The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the development of the global product tanker fleet, as well as data about the demand for oil and development of inventory levels.

For more information, please contact:
Erik Lewenhaupt 
CEO, Concordia Maritime AB  
0704-855 188 
erik.lewenhaupt@concordiamaritime.com

The following files are available for download:

CNEY Entered the Drinkable Water Market with a Large Order

LISHUI, China, Jan. 27, 2023 /PRNewswire/ — CN Energy Group. Inc. (NASDAQ: CNEY) today announced that its wholly owned subsidiary, Zhejiang CN Energy New Materials Co., Ltd., had recently obtained a first order to supply high-quality wood-based activated carbon directly to a producer of potable water. The order size is RMB6.486 million, equivalent to approximately US$0.956 million. This is another significant milestone for CNEY after it was awarded in October 2022 the permit to sell to end-users in the vast and fast-growing drinkable water market under its own brand names. This order exemplifies client acceptance and satisfaction on CNEY’s customized products and services for water filtering and purification and is expected to serve as a springboard for increasing CNEY’s sales in both domestic and global markets.  

Dr. Kangbin Zheng, CNEY’s CEO, commented, “We are glad to have signed this first contract just about two months after being authorized to sell directly to end-users. This order is the first step for us to enter a new area full of opportunities for delivering higher values to clients and generating additional revenues. Our team stands ready to continue to expand our marketing networks and to strive for replicating this success story. With refined growth strategies and upgraded technologies, we are quite confident that we will become more productive, competitive, and profitable in 2023.” 

About CN Energy Group. Inc.

CN Energy Group. Inc. is currently listed on NASDAQ under the symbol of CNEY. With patented proprietary bioengineering and physiochemical technologies, CNEY has pioneered and specialized in producing high-quality recyclable activated carbon and renewable energy from abandoned forest and agricultural residues, converting harmful wastes into invaluable wealth and delivering significant financial, economic, environmental, and ecologic benefits.  CENY’s products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. For more information, please visit the Company’s website at www.cneny.com.

Forward-Looking Statements

Certain statements, other than statements of historical facts, made in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations and the demand for the Company’s products, and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial conditions, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to refer to its filings with SEC, including without limitation, Company’s registration statements and other filings with the SEC that set forth certain risks and uncertainties that may have an impact on future results and directions of the Company.

Investor Relations
Tel:+86-571-87555823
Email: ir@cneny.com

Cision View original content:https://www.prnewswire.com/news-releases/cney-entered-the-drinkable-water-market-with-a-large-order-301732184.html

Source: CN Energy Group. Inc.