The three biomass power plants are Suqian Kaidi Green Energy Development, Wanzai Kaidi Green Energy Development and Wangjiang Kaidi Green Energy Development.
Wuhan-based Kaidi Electric predicts that the three renewable energy plants in China will reap profits of 25.85m yuan in 2011, it says in an announcement on Tuesday.
The Suqian Kaidi plant generated 116.22GWh of electricity in the first ten months and posted a profit of 10.63m