The breakthrough brings the Company's total potential power capacity to 270 MW in Alternative Energy Power Generation Plant/Projects (Biomass Energy Projects 200MW (4 X 50MW) and Hydropower Projects 54 MW - 72 MW).
Under the Construction Agreement, Ongniute has agreed to provide
The Company is establishing longstanding strategic relationships with other power operators, financial sponsors, suppliers, subcontractors and governmental representatives that will ensure the Company's successful development of renewable power generating facilities.
The Company is developing its Renewable Energy Projects & Pipeline in
Biomass Energy Power Generation Plants/Projects & Hydropower Plants in hopes
of reaching a total Potential Power Capacity of 3200 MW by the year 2013 via
Merger & Acquisitions (M&A), Joint-Venture Partnerships with Biomass Projects
& Hydropower Plants and companies, governments in
The Company's Advanced Renewable Energy Strategy & Plan in Hydropower
Plants and Biomass Energy Power Generation Plants will enhance the technical,
social, and environmental benefits of Biomass Energy /hydropower and provide
investment and business opportunities in the cost-competitive Biomass Energy
/hydropower capacity energy supply in
The Company's objective is to achieve long-term capital appreciation
through investment in companies and other entities with significant assets,
investments, production activities, trading or other business interests in
About
About
About Biomass Renewable Energy in
Renewable Power Producers are involved in generating electricity power from renewable energy sources, such as Hydropower (Water), Wind Energy and Certain Waster Products such as Biomass. The demand on renewable energy power in the world continues growing and is largely driven by long-term trends towards stronger policies for environmental protection. The combustion of fossil fuels such as coal, oil and natural gas to generate electricity power emits greenhouse gases, and is acknowledged worldwide as a major source to global warming. For environmental protection, combined with an increase in electricity demand, lower-level growth of electricity supplies, and near all- time high energy commodity prices are enticing electricity producers and providers to diversify their mix of power generation sources to include a larger share of renewable power.
Biomass Renewable Energy: straw to energy. Straw is renewable energy and
is a part of nature's plants. The carbon on the inside of the straw can
change to organic carbon through absorption of carbon dioxide (CO2) from the
atmosphere during photosynthesis. The biomass energy project, as an
alternative and renewable energy source, is fully supported by the central
government and local governments of
For worldwide investor and media inquiries, please contact: Wall Street Reporter Magazine (New York) Jack Marks, CEO & Publisher Tel: +1-212-363-2600 x260 Web: http://www.WallStreetReporter.com China Holdings Inc. (Las Vegas and Beijing) Julianna Lu, Chief Executive Officer Tel: + 86-1370-133-1287; Tel: +86-10-6586-4770; Fax: +86-10-6586-4790; Email: info@chinaholding.net; lujulianna@yahoo.com Web: http://www.chinaholding.net
Forward-Looking Statements
To the extent that statements in the press release are not strictly historical, including statements as to revenue projections, projections of results of specific activities or investments, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, economic performance and trends, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward looking, all forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements, which may accompany the forward-looking statements, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements. Other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; government policies, competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. In addition, the company disclaims any obligation to update or correct any forward-looking statements in all of the Company's press releases to reflect events or circumstances after the date hereof.
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