EXHIBIT 10.2


                     Grandview Capital, Inc.
                        8201 Peters Road
                           Suite 1000
                      Plantation, Fl 33324


November 16, 2007

Allen Huie, President
6-8 Harbour Road
Rm 286, 2/F, Shui On Centre
Wanchai, Hong Kong


Dear Allen:

   This  letter is  for  the  purpose of the  engagement of  Grandview
Capital,  Inc.  (GCI)  as a financial consultant  to  China  Renewable
Energy  Holdings,  Inc.  (the  "Company")  regarding  various  matters
arising  in  connection with the Company's business in order  for  the
Company  to  meet  its goals and objectives of maximizing  shareholder
value.  This  letter is intended to serve as our engagement  agreement
(the "Agreement") to provide such services.

     1.	Services.   The  following  are the financial  consulting  and
        --------
        investment banking services GCI will provide:

        *  Assist in the ongoing review and adjustment of the Company's
           strategic plan for the growth of the Company's business and for
           raising capital.
        *  Assist in developing a capital structure plan for stages of
           capital infusion with valuations for each stage.
        *  Facilitate and Manage projects in the company's behalf with
           professionals:
           -  Accountants - Auditors
           -  Attorneys - Corporate and Securities
           -  Market Makers - Broker Dealers
           -  Projects outsourced to Professionals
        *  Assist in preparing updated business plan, evaluating
           industry, competition, and markets.
        *  Assist in developing and implementing a viable exit strategy
           for the shareholders as a publicly traded company with an
           initial listing on the OTCBB to be followed by seeking a
           listing on the American Stock Exchange.
        *  Assist in identifying, negotiating, and finalizing strategic
           relationships.
        *  Assist in merger and acquisition transactions (identify
           candidates, negotiate terms and assist in closing).
        *  Provide such other services as may be reasonably determined
           by both parties and documented in writing.

   GCI   will   provide  its  best  efforts  in   furnishing  the
above  services and will, in its sole discretion,  determine  the
amount  of  its time to be devoted to undertaking those services.
Services relative to securing or undertaking financing, strategic
relationships and merger and acquisition transactions,  including
the  identification of suitable partners and candidates, will  be
subject to separate agreements and financial arrangements.

   In  performing  its  services  herein,  GCI  will  be entitled
to  rely  without  investigation upon  all  information  that  is
provided  by the Company, and the Company hereby represents  that
such  information will be complete and accurate in  all  material
respects.   GCI does not represent or guarantee that the  Company
will  be  successful  in raising any capital  or  completing  any
merger or acquisition transactions.


<PAGE>


Mr. Allen Huie
November 16, 2007
Page 2 of 5


   GCI   may,   during  or  subsequent  to  the   term   of  this
Agreement, perform services for any other person or firm  without
the Company's prior approval.

     2.	Related  Party  Disclosure.  Peter Goldstein  has  served
        --------------------------
as  the Company's Chief Executive Officer, sole officer and  sole
director  from incorporation of the Company on December 17,  1999
through  November  8, 2007 and currently owns 500,000  shares  of
Common  Stock  of the Company.  He is the Chairman  of  Grandview
Capital,  Inc.,  a  wholly owned subsidiary of Grandview  Capital
Partners, Inc.

     3.	Term  of Agreement.  The term of this Agreement  and  the
        ------------------
commencement  of  the  services of GCI shall  commence  upon  the
acceptance  of this Agreement as evidenced below (the  "Effective
Date") and shall terminate twelve (12) months thereafter.

     4.	Advisory Consulting Fees.  The Company shall pay  to  GCI
        ------------------------
a  monthly  consulting fee of $5,000 per month for  a  period  of
twelve (12) months with the following schedule of payments:

        *  Fees are due at the beginning of each month and will be
           invoiced accordingly.
        *  Fees will be deferred until such time as the Company raises
           at least $500,000 in the form of a private placement or within
           sixty (60) days of the effective date, whichever comes first.
        *  The monthly fee shall accrue from the effective date until
           such time when the Company begins to make said payments.
        *  Any termination of this Agreement by the Company prior to
           its termination date will accelerate the payment of the
           consulting fee provided herein whether accrued or to be paid
           over the balance of the term hereof and whether or not the
           private placement referred to above is completed.
        *  Payment shall be made to:

            Southwest Securities - Domestic Wire Instructions
            -------------------------------------------------

            JPMorgan Chase Bank, N.A.
            Houston, TX 77002
            ABA # 021000021
            Southwest Securities, Inc.
            Account # 08805076955
            For further credit to: Grandview Capital, Inc.
            ACCOUNT # 306 753 836

            International Wire Instructions to Southwest Securities
            -------------------------------------------------------

            Use the same above instructions and add the SWIFT
            Address: CHASUS33TEX

     5. Limitation  on  Services.  As a financial consultant   to
        ------------------------
the  Company, GCI will assist the Company as described above  but
will  not  act as its agent. Accordingly, while GCI may  identify
prospective  financing sources and target companies  and  provide
information  relating to the transaction to such persons  at  the
Company's  request, all business decisions relating to acceptance
or rejection of offers, bids or other matters and the negotiation
of  such terms shall be solely the Company's responsibility.  The
Company  is also responsible for taking steps to ensure that  the
transaction  is  conducted  in  compliance  with  all  applicable
federal  and  state securities laws (consulting with counsel,  if
appropriate).   In  the  absence of gross negligence  or  willful
misconduct  on  the part of GCI, GCI shall not be liable  to  the
Company or to any affiliate, employee, shareholder or creditor of
the  Company  for  any act or omission in the  course  of  or  in
connection with the provision of advice or assistance hereunder.

     6. Reimbursement   of   Expenses.    The  Company  agrees to
        -----------------------------
reimburse  GCI  all expenses that are incurred on behalf  of  the
Company,  which  shall  be comprised of reasonable  out-of-pocket


<PAGE>


Mr. Allen Huie
November 16, 2007
Page 3 of 5


expenses  incurred  in  connection with  the  services  described
herein.   As of the date hereof, these expenses include  (i)  all
reasonable   travel  expenses  for  Company  approved   meetings.
Expenses  will  be  billed  and paid on  a  monthly  basis,  when
submitted  on the first of each subsequent month.  GCI shall  not
incur  any  single  expense above $500.00 without  obtaining  the
Company's prior written authorization for such charges.

     7. Location   of   Services.   It  is  understood that GCI's
        ------------------------
services will be rendered off-site of the Company.

     8.	Miscellaneous:
        -------------
        A.    Confidentiality.  The  parties agree that they will
              ---------------
cooperate  with  each other and provide full due  diligence,  and
that  all conversations, documentation, or work product  will  be
kept  in the utmost confidence.  GCI will have the permission  to
offer,  copy, and duplicate any part of the work product  of  the
Company  for  the  limited  purpose  of  its  own  due  diligence
examination  and for the purpose of introducing  the  Company  to
potential financing sources, strategic partners, etc.   GCI  will
obtain  the  permission  of the Company before  any  confidential
information  of  the Company is delivered to third  parties.  Any
misrepresentation by either party shall constitute  a  breach  of
this  agreement.   Notwithstanding  the  foregoing,  confidential
information will not include information:  (i) disclosed  by  GCI
pursuant  to  court order or other legal process; (ii)  generally
known  to and available for use by the public; and (iii) required
to  be  disclosed by GCI to enforce any rights it may have  under
this agreement.

        B.   Indemnification.   It  is understood that each party
             ---------------
shall  be  held harmless from any and all legal action  resulting
from  the other's misstatements, omissions, or errors of an  kind
and  shall be indemnified from any and all direct legal  expenses
and  any  and all direct costs, excluding salary and any loss  of
business such party may incur as a result of the other's actions.

        C.     Entire  Agreement.  This Agreement sets forth the
               -----------------
entire  understanding  of  the parties relating  to  the  subject
matter   hereof   and   supersedes  any   prior   communications,
understandings,  and  agreements  between  the   parties.    This
Agreement  cannot  be modified or changed  nor  can  any  of  its
provisions be waived, except by a writing signed by all parties.

        D.  Governing   Law.    This Agreement shall be  governed
            ---------------
by  the  laws of the State of Florida.  Any controversy shall  be
settled  in  the  appropriate forum located  in  Broward  County,
Florida.

        E.  Attorneys'   Fees.   In  the  event any litigation or
            -----------------
controversy  arises out of or in connection with  this  Agreement
between  the  parties  hereto,  the  prevailing  party  in   such
litigation or controversy shall be entitled to recover  from  the
other  party or parties all reasonable attorneys' fees, expenses,
and suit costs, including those associated with any appellate  or
post judgment collection proceedings.

        F.  Binding    Effect.     GCI    shall    not assign this
            -----------------
Agreement  in  whole  or  in part, nor  any  of  his  rights  and
obligations  hereunder without the prior written consent  of  the
Company.  This Agreement shall insure to the benefit of,  and  be
binding  upon  the  parties hereto, and their  respective  heirs,
personal representatives, successors and assigns.

     9. Notices.  Any and all  notices or other  communications
        -------
given  under  this  Agreement shall be in writing  and  shall  be
deemed  to  have been duly given on (1) the date of delivery,  if
delivered in person to the addressee, (ii) the next business  day
if  sent by overnight courier or by overnight U.S. Express Postal
Service, or (iii) three days after mailing, if mailed within  the
continental  United States, postage prepared, by certified  mail,
return receipt requested, to the party entitled to receive  same,
at his or its address set forth below.

                Company:        6-8 Harbour Road
				Rm 286, 2/F, Shui On Centre
				Wanchai, Hong Kong
                                Attention:  Allen Huie, President


<PAGE>


Mr. Allen Huie
November 16, 2007
Page 3 of 5


                GCI:            8201 Peters Road, Suite 1000
                                Plantation, Florida   33324
                                Attention:  Peter Goldstein

	The  parties  may  designate by notice to  each  other  any  new
address  for the purposes of this Agreement as provided  in  this
Section 9.

	If   the   foregoing   letter  is   in   accordance   with   our
understanding of the terms of our engagement, please sign,  date,
and  return  your signature to us via facsimile with an  original
via mail.

                                Very truly yours,

                                GRANDVIEW CAPITAL, INC.



                                By:
                                   ------------------------
                                   Peter Goldstein,Chairman

cc: Bridget Van Fleet - Bailey

-----------------------------------------------------------
AGREED AND ACCEPTED:

CHINA RENEWABLE ENERGY HOLDINGS, INC.



By:
   ------------------------------
   Allen Huie, President

Date:
     ----------------------------


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