CETY Secures $10 Million Battery Energy Storage Project in New York — First of Multiple Large-Scale Systems Expected to Follow

Rhea-AI Summary

Clean Energy Technologies (Nasdaq: CETY) secured a $10 million Battery Energy Storage System (BESS) award in New York on Nov 25, 2025, its largest storage project to date.

The contract covers a 5MW / 20MWh standalone system with EPC responsibilities for planning, procurement, construction, testing, commissioning, and regulatory compliance. The site can expand to 20MW / 80MWh subject to grid interconnection. CETY reports a contracted project backlog of more than $20 million and says additional similar BESS deployments are expected to be finalized in the months ahead.

Positive

• $10M BESS contract awarded in New York
• Planned deployment: 5MW / 20MWh standalone system
• EPC scope: full planning, procurement, construction, commissioning
• Contracted backlog > $20M entering the new year

Negative

• Planned expansion to 20MW / 80MWh is conditional on grid interconnection availability
• Additional BESS deployments are described as expected but not yet finalized

Insights

Renewable energy project analyst

CETY won a $10 million 5MW/20MWh BESS EPC award in New York, increasing its contracted backlog and pipeline.

CETY will act as EPC for a 5MW / 20MWh standalone Battery Energy Storage System valued at $10,000,000. The system is sized for grid support, peak‑shaving, and market participation under New York’s VDER program and ancillary services markets. The site may expand to 20MW/80MWh if grid interconnection allows.

Key dependencies include completion of grid interconnection, hardware procurement, and compliance with prevailing wage and state energy rules. Execution risk centers on permitting, supply chain timing, and commissioning milestones. Monitor whether additional BESS awards close in the stated months ahead and whether contracted backlog grows beyond $20,000,000; these items will materially affect near‑term revenue recognition and operational workload within the next few months.

IRVINE, CA., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq: CETY) (“CETY” or the “Company”), a clean energy technology company delivering scalable solutions in power generation, storage, waste-to-energy, and heat-to-power, today announced that it has secured a $10 million Battery Energy Storage System (BESS) project in New York State. This award represents the Company’s largest storage project to date and marks the first of several similar, either front of the meter or behind the meter, BESS deployments across New York State CETY expects to finalize in the months ahead.

The New York project includes the deployment of a 5MW / 20MWh standalone energy storage system, designed to support grid reliability, peak-shaving, and market participation under New York’s Value of Distributed Energy Resources (VDER) program and ancillary grid services markets. The site has the opportunity to increase energy storage capacity to the maximum 20MW/80MWh storage permitted for such locations, subject to grid interconnection availability.

Under the project award, CETY plans to serve as the Engineering, Procurement, and Construction (EPC) contractor and will deliver:

• Full planning, engineering, and system design
• Procurement of advanced storage hardware and balance-of-system equipment
• Construction, installation, testing, and commissioning
• Compliance with prevailing wage, interconnection, and state energy regulations

“This $10 million award is a major milestone for our energy storage business,” said Kam Mahdi, CEO of CETY. “Battery energy storage is essential for grid stability and renewable integration. Securing this project not only validates our EPC capabilities but also sets the stage for a pipeline of additional BESS installations we expect to close soon. We are committed to expanding our footprint in one of the fastest-growing segments of the clean energy sector.”

As CETY expands its storage and clean-energy infrastructure portfolio, CETY is entering the new year with more than $20 million of contracted project backlog, reflecting strong demand for CETY’s EPC, waste-to-energy, and heat-to-power systems.

As CETY scales its pipeline of storage, waste-to-energy, and heat-to-power projects, CETY remains focused on strengthening its financial position. Executing larger, higher-margin projects is central to CETY’s plan to become free-cash-flow positive, improve access to inexpensive capital, and position itself for strategic mergers and acquisitions that can accelerate long-term growth.

This project reinforces CETY’s multi-technology strategy, complementing its waste-to-energy, heat-to-power, and power generation initiatives. By expanding into large-scale storage infrastructure, CETY is positioning itself at the intersection of grid modernization, electrification, and distributed energy resources.

About Clean Energy Technologies, Inc. (CETY)

Headquartered in Irvine, California, Clean Energy Technologies, Inc. (CETY) is a rising leader in the zero-emission revolution by offering eco-friendly green energy solutions, clean energy fuels and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. We deliver power from heat and biomass with zero emission and low cost. The Company's principal products are Waste Heat Recovery Solutions using our patented Clean CycleTM generator to create electricity. Waste to Energy Solutions convert waste products created in manufacturing, agriculture, wastewater treatment plants and other industries to electricity and BioChar. Engineering, Consulting and Project Management Solutions provide expertise and experience in developing clean energy projects for municipal and industrial customers and Engineering, Procurement and Construction (EPC) companies.

CETY's common stock is currently traded on the Nasdaq Capital Market under the symbol “CETY.” For more information, visit www.cetyinc.com.

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This summary should be read in conjunction with the Company’s quarterly report on Form 10-Q for the quarterly period ended September 30, 2025 and other periodic filings made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, which contain, among other matters, risk factors and financial footnotes as well as a discussions of our business, operations and financial matters located on the website of the Securities and Exchange Commission at www.sec.gov.

Safe Harbor Statement

This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding the future of CETY’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by words such as: "anticipate," "plan," "expect," "estimate," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Any forward-looking statement made by the Company in this press release is based only on information currently available to us and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Clean Energy Technologies, Inc.

Investor and Investment Media inquiries:
949-273-4990
ir@cetyinc.com
Source: Clean Energy Technologies, Inc.

FAQ

What did Clean Energy Technologies (CETY) announce on November 25, 2025?

CETY announced a $10 million Battery Energy Storage System award in New York for a 5MW / 20MWh EPC deployment.

How large can the New York CETY storage site become after expansion?

The site can increase to a maximum of 20MW / 80MWh, subject to grid interconnection availability.

What scope of work will CETY perform on the $10M New York BESS project?

CETY will act as EPC, providing planning, engineering, procurement, construction, testing, commissioning, and regulatory compliance.

How does the $10M award affect CETY's near-term backlog?

CETY reported more than $20 million of contracted project backlog as it enters the new year.

Are more CETY BESS projects in New York finalized after this award?

Management states additional front- or behind-the-meter BESS deployments are expected to be finalized in the months ahead, but they are not yet closed.