Smart Powerr Corp. (CREG) has completed the disposal of its previous waste-to-energy systems, marking a significant strategic shift for the company. By 2025, its remaining five power generating systems through Erdos TCH were no longer producing electricity.
This move represents a fundamental reorientation of CREG's business model, moving away from its historical waste-to-energy leasing operations. The company is now fully focused on its new direction as an integrated energy storage solution provider.
The cessation of electricity production from its legacy assets underscores the company's commitment to its strategic pivot. This transition is aimed at capitalizing on new opportunities in the energy storage sector within China.
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