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Haitang Bay, Sanya, Hainan Province, China.
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  • CF Energy (CFY) has launched its Haitang Bay Integrated Smart Energy Project, which offers air-conditioning in China’s Hainan Province
  • Initial customers represent 195,040 square metres of cooling space
  • The project will save 30,000 tons of coal and reduce 100,000 tons of carbon dioxide, sulphur dioxide and nitrogen oxide emissions every year
  • CF Energy (formerly Changfeng Energy) is an integrated energy provider and natural gas utility/distribution company in China
  • CF Energy (CFY) is unchanged trading at $0.52 per share

CF Energy (CFY) has launched its Haitang Bay Integrated Smart Energy Project, which offers air-conditioning in China’s Hainan Province.

The project provides air-conditioning with reduced emissions in the resort city of Sanya. The service employs ice storage and water-source heating to save an estimated 30,000 tons of coal and reduce 100,000 tons of carbon dioxide, sulphur dioxide and nitrogen oxide emissions every year.

The project’s first group of customers includes The Sanya Edition Hotel, Fairmont Sanya Haitang Bay and The Westin Sanya Haitang Bay Resort, as well as The DoubleTree Resort by Hilton once it finalizes renovations.

These customers represent 195,040 square metres of cooling space, bringing CF’s total contracted cooling space in Haitang Bay to 350,052 square metres.

CF intends to provide cooling services for public facilities in Haitang Bay covering 4.7 million square metres.

CF Energy (formerly Changfeng Energy) is an integrated energy provider and natural gas utility/distribution company in China.

CF Energy (CFY) is unchanged trading at $0.52 per share as of 12:21 pm ET.

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