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Clean Energy Technologies Inc - CETY STOCK NEWS

Welcome to our dedicated news page for Clean Energy Technologies (Ticker: CETY), a resource for investors and traders seeking the latest updates and insights on Clean Energy Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Clean Energy Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Clean Energy Technologies's position in the market.

News
Clean Energy Technologies Signs MOU with International Private Equity Fund
Rhea-AI Summary
Clean Energy Technologies, Inc. (Nasdaq: CETY) has signed a Memorandum of Understanding with Asia Management Energy Capital Partners Pte. to receive up to $12,000,000.00 in funding for its waste to energy project in Vermont and expansion into California and the ASEAN clean energy markets.
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Clean Energy Technologies Affiliate Announces Favorable Order from Maine Public Utilities Commission
Rhea-AI Summary
Clean Energy Technologies, Inc. (CETY) announced that Vermont Renewable Gas, LLC has received a favorable order from the State of Maine Public Utilities Commission, granting New Renewable Resource Certification status for VRG - Lyndon, a 2.2 MW biogas generator facility. The facility is projected to generate $5.2 million in revenue over the first 10 years of participation in the program. CETY will design, build, and operate the $10 million facility, converting agriculturally-derived organic material into renewable fuel gas and BioChar fertilizer. The plant is expected to deliver in excess of 18,000 MWh of renewable electricity and 1,500 tons of BioChar annually and be fully commissioned within 12 months. The CEO of CETY, Kam Mahdi, expressed optimism about the decision and the potential for future projects, aiming to become a complete solution for industrial and municipal scale projects in strategic markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.32%
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Clean Energy Technologies Continues Normal Operations Among Stock Volatility
Rhea-AI Summary
Clean Energy Technologies, Inc. (Nasdaq: CETY) addresses recent stock fluctuations, emphasizing its commitment to delivering high-quality services and eco-friendly energy solutions. The company reassures stakeholders that market volatility does not reflect its overall health and stability, urging them to focus on long-term value and potential.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.02%
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Clean Energy Technologies Reports Third Quarter 2023 Financial Results and Provides Business Update
Rhea-AI Summary
Clean Energy Technologies, Inc. (CETY) announced its unaudited financial results for the nine months ended September 30, 2023, revealing a remarkable revenue growth of 339% from the same period in 2022. The company's total revenue amounted to $11.7 million, with a gross profit of $1.4 million and a net loss of $2.5 million. CETY's aggressive growth strategy and expansion plans have led to increased operating expenses, but the company has successfully converted $1.95 million of its note payable into equity, marking a significant milestone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
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Clean Energy Technologies, Inc. Leads Discussions on Sustainable Energy at APEC 2023
Rhea-AI Summary
Kam Mahdi, CEO of XYZ Corporation (XYZ), addresses CEOs and government leaders at APEC Leaders Week, including California State Treasurer Fiona Ma.
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-6.98%
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Clean Energy Technologies, Inc. Announces Significant Balance Sheet Improvement due to Financial Restructuring
Rhea-AI Summary
Clean Energy Technologies, Inc. (NASDAQ: CETY) announces significant balance sheet improvement due to a key financial structuring. Mast Hill Fund, L.P. converted an aggregate of $1.95 million notes, increasing shareholder’s equity from $5.38 million to approximately $7.33 million. Liabilities decreased from $5.7 million to approximately $3.75 million. The debt restructuring increases CETY’s financial flexibility and allows more resources for growth initiatives.
Rhea-AI Impact
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End-of-Day
0.88%
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Clean Energy Technologies, Inc. Announces Conversion of $1.95 Million Notes Payable to Equity
Rhea-AI Summary
Clean Energy Technologies, Inc. (NASDAQ: CETY) announced the conversion of $1.95 million notes with Mast Hill Fund, L.P. from liability to equity, enhancing financial flexibility and strengthening long-term partnerships. The conversion eliminates the cash redemption mandate, provides variable conversion, and offers a 15% dividend to preferred stockholders. This strategic move reflects CETY's commitment to shareholder value and aligns with its vision for sustainable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
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CETY with RPG Energy Group to Implement Advanced Waste Heat to Power Generation Solution at Stanley Black & Decker Facility in Tennessee
Rhea-AI Summary
Clean Energy Technologies (CETY) partners with RPG Energy Group and Stanley Black & Decker to deploy waste heat generator
Rhea-AI Impact
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End-of-Day
-3.13%
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Clean Energy Technologies to Present at H.C. Wainwright 25th Annual Global Investment Conference September 11-13
Rhea-AI Summary
Clean Energy Technologies, Inc. CEO Kam Mahdi to present at H.C. Wainwright 25th Annual Global Investment Conference
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Rhea-AI Sentiment
End-of-Day
4.27%
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Clean Energy Technologies Affiliate Enters Into Power Purchase Agreement With VEPP, Inc.
Rhea-AI Summary
Clean Energy Technologies, Inc. (NASDAQ: CETY) announces a 20-year Power Purchase Agreement (PPA) valued at $53 million with Vermont Renewable Gas, LLC (VRG) and VEPP, Inc. The agreement involves the sale of all electric power and benefits from VRG's biogas facility in Lyndonville, Vermont. CETY will lead the facility's design, construction, and operation. The project is expected to generate over 18,000 MWh of renewable electricity and 1,500 tons of BioChar annually. The company's existing Heat Recovery Solutions business will also benefit from the biomass projects, potentially boosting energy value by 15%. This project is the first of many anticipated renewable biomass projects for CETY.
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Rhea-AI Sentiment
End-of-Day
5.47%
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Stock CETY logo
Clean Energy Technologies Inc

Nasdaq:CETY

CETY Rankings

#4581 Ranked by Market Cap
#5136 Ranked by Stock Gains
N/A Ranked by Dividends

CETY Stock Data

65.91M
12.75M
67.65%
0.47%
0.43%
Bare Printed Circuit Board Manufacturing
Manufacturing
Link
US
Costa Mesa

About CETY

clean energy technologies, inc. designs, builds and markets clean energy products focused on energy efficiency and environmentally sustainable technologies. the company’s principal product is the clean cycle tm generator, offered by heat recovery solutions, or hrs www.heatrecoverysolutions.com. the company’s engineering and manufacturing resources support its heat recovery solutions business, as well as continuing to support other clean energy emerging growth companies with their technologies. ceti is positioned to become a worldwide leader in ever expanding energy efficiency market. headquartered in costa mesa, california, the company’s common stock is currently traded on the otc market under the symbol cety. for more information, visit www.ceti.io or www.heatrecoverysolutions.com.