The end-customer is a Chinese plant owned by Xinfengmin Group Co., Ltd. who is one of the ten largest polyester fibre manufacturers in China. The compressed air systems in the plant has an annual consumption of over 100 000 MWh with an installed total capacity of aproximately 20MW. The agreement initially covers approximately 6MW of the full system. Including this new agreement Enersize has signed eight new agreements in 2017.
The agreement initially covers the plants 5 bar system which is approximately 6MW of the full system. The customer pay for the installation which also includes a 3 % savings demonstration. The customer has an option to later expand the installation to the plants other three compressed air systems as well as to energy savings projects at different fixed price packages with guaranteed savings. For savings over the guarantee levels profit sharing will be used. The installation is planned to commence in Q1 2018.
Xinfengmin Group was founded 2000 and is listed on the Shanghai Stock Exchange. The company have over
7 000 employees and a production capacity of over 1-Million-ton polyester fibre. The agreement has been signed with Venergy Ltd. as intermediary between Enersize and the end-customer. Venergy Ltd. is one of Enersize’s Chinese sales partners located in Shanghai.
For more information about Enersize:
Christian Merheim, Chairman of the Board
Telefon: +46(0)708-182 853