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Clean Energy Technologies, Inc. and Qymera Global EnergyAnnounce Strategic Collaboration to Advance DeepFyre™ Geothermal Power Systems Worldwide

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Clean Energy Technologies (Nasdaq: CETY) announced a strategic collaboration with Qymera Global Energy to commercialize the DeepFyre™ geothermal power system on Nov 3, 2025. The partnership integrates CETY’s heat-to-power and Organic Rankine Cycle systems and Exergy alliance with Qymera’s monobore well architecture to deliver modular 5-MW to 50-MW units.

Key targets include an LCOE below $0.08/kWh, drilling-cost reductions up to 30%, and project development timelines cut by nearly 50%. Initial pilots will focus on island projects in the Caribbean and Central America, expanding to Southeast Asia and Africa.

Clean Energy Technologies (Nasdaq: CETY) ha annunciato una collaborazione strategica con Qymera Global Energy per commercializzare il sistema geotermico DeepFyre™ il 3 novembre 2025. La partnership integra i sistemi di heat-to-power e Organic Rankine Cycle di CETY e l'alleanza Exergy con l'architettura di pozzo monobore di Qymera per fornire unità modulari da 5 MW a 50 MW.

Gli obiettivi chiave includono un LCOE inferiore a $0,08/kWh, riduzioni dei costi di perforazione fino al 30%, e tempi di sviluppo dei progetti ridotti di quasi 50%. I piloti iniziali si concentreranno su progetti insulari nei Caraibi e in Centro America, espandendosi in Asia sud-orientale e in Africa.

Clean Energy Technologies (Nasdaq: CETY) anunció una colaboración estratégica con Qymera Global Energy para comercializar el sistema geotérmico DeepFyre™ el 3 de noviembre de 2025. La alianza integra los sistemas de calor a electricidad y Ciclo Rankine Orgánico de CETY y la alianza Exergy con la arquitectura de pozo monobore de Qymera para entregar unidades modulares de 5 MW a 50 MW.

Los objetivos clave incluyen un LCOE por debajo de $0,08/kWh, reducciones de costos de perforación de hasta 30%, y plazos de desarrollo de proyectos reducidos en casi 50%. Los pilotos iniciales se enfocarán en proyectos insulares en el Caribe y Centroamérica, expandiéndose a Asia Sudoriental y África.

Clean Energy Technologies (Nasdaq: CETY)은 2025년 11월 3일 Qymera Global Energy와의 전략적 협력을 발표하여 DeepFyre™ 지열 발전 시스템의 상용화를 추진합니다. 이 파트너십은 CETY의 열-발전 시스템과 Organic Rankine Cycle 시스템, Exergy 협력을 Qymera의 모노보어 우물 구조와 통합하여 5 MW에서 50 MW의 모듈식 유닛을 제공합니다.

주요 목표는 LCOE를 $0.08/kWh 미만, 시추 비용 절감을 최대 30%, 및 프로젝트 개발 기간을 거의 50% 줄이는 것입니다. 초기 파일럿은 카리브해와 중앙아메리카의 섬 프로젝트에 초점을 맞추고 동남아시아와 아프리카로 확장합니다.

Clean Energy Technologies (Nasdaq : CETY) a annoncé une collaboration stratégique avec Qymera Global Energy pour commercialiser le système géothermique DeepFyre™ le 3 novembre 2025. Le partenariat intègre les systèmes de chaleur vers électricité et de Cycle Rankine Organique de CETY et l’alliance Exergy avec l’architecture de puits monobore de Qymera pour délivrer des unités modulaires de 5 MW à 50 MW.

Les objectifs clés incluent un LCOE inférieur à 0,08 $/kWh, des réductions des coûts de forage jusqu’à 30%, et des délais de développement des projets réduits d’environ 50%. Les pilotes initiaux se concentreront sur des projets insulaires dans les Caraïbes et l’Amérique centrale, avec une expansion vers l’Asie du Sud-Est et l’Afrique.

Clean Energy Technologies (Nasdaq: CETY) kündigte am 3. November 2025 eine strategische Zusammenarbeit mit Qymera Global Energy an, um das DeepFyre™-Geothermie-Stromsystem zu kommerzialisieren. Die Partnerschaft integriert CETYs Systeme für Wärme-zu-Strom und Organic Rankine Cycle sowie die Exergy-Allianz mit Qymeras Monobore-Wellarchitektur, um modulare 5-MW bis 50-MW-Einheiten bereitzustellen.

Zu den Hauptzielen gehören ein LCOE unter 0,08 USD/kWh, Bohrkostenreduktionen von bis zu 30% und Projektentwicklungszeiträume, die um fast 50% verkürzt werden. Die ersten Piloten konzentrieren sich auf Inselprojekte in der Karibik und Zentralamerika, mit Ausweitung nach Südostasien und Afrika.

Clean Energy Technologies (ناسداك: CETY) أعلنت عن تعاون استراتيجي مع Qymera Global Energy لتسويق نظام DeepFyre™ للطاقة الحرارية الأرضية في 3 نوفمبر 2025. تدمج الشراكة أنظمة التحويل من الحرارة إلى طاقة ودورة راينك العضوية مع تحالف Exergy وبنية بئري monobore من Qymera لتقديم وحدات معيارية من 5 MW إلى 50 MW.

تشمل الأهداف الرئيسية خفض LCOE إلى ما دون $0.08/kWh، وخفض تكاليف الحفر حتى 30%، وتقليل جداول تطوير المشاريع بنحو 50%. ستتركّز التجارب الأولية على مشاريع جزرية في الكاريبي وأمريكا الوسطى، ثم ستتوسع إلى جنوب شرق آسيا وأفريقيا.

Positive
  • Target LCOE below $0.08 per kWh
  • Drilling cost reductions up to 30%
  • Modular 5-MW to 50-MW deployment scale
  • Plans to shorten development time by nearly 50%
Negative
  • Geothermal currently represents less than 0.5% of global electricity generation
  • Caribbean has deployed only ~15 MW versus an estimated 55–70 GW potential

Insights

Strategic JV aims to commercialize modular geothermal to cut costs and accelerate baseload renewables.

Clean Energy Technologies, Inc. (CETY) and Qymera Global Energy Ltd. combine surface conversion (ORC) and DeepFyre™ monobore well design to offer modular 5‑MW to 50‑MW geothermal units intended to lower capital intensity and shorten development time.

The business mechanism pairs CETY’s heat‑to‑power and Exergy ORC technology with Qymera’s resin‑cased monobore wells to target lower drilling complexity and improved heat transfer; stated targets include LCOE below $0.08 per kWh and drilling cost reductions of up to 30%. These are execution‑dependent engineering and permitting milestones rather than guaranteed outcomes.

Primary dependencies and risks include successful field validation of DeepFyre™ in island and regional pilots, timely scaling of modular units, and local permitting and grid integration. Early pilots in the Caribbean and Central America are the logical near‑term proof points; monitor pilot commissioning dates and demonstrated LCOE, reported drilling cost savings, and delivered unit capacities over the next 12–36 months.

IRVINE, CA, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq: CETY) (“CETY”), a leader in clean energy and waste-heat recovery solutions & technologies, today announced a strategic collaboration with Qymera Global Energy Ltd. (QGE) to advance and commercialize the DeepFyre geothermal power system, designed to provide highly scalable, cost-efficient, zero-emission baseload power for island nations and emerging global markets.

The collaboration integrates CETY’s proprietary heat-to-power and Organic Rankine Cycle (ORC) systems, and its strategic alliance with Exergy International Srl heat to power solutions, with Qymera’s DeepFyre monobore geothermal platform — a next-generation well architecture utilizing advanced resin-based casings to enhance heat transfer and reduce drilling complexity. Together, the companies aim to redefine geothermal deployment through modular 5-MW to 50-MW units that reduce capital costs and accelerate time to power.

“Partnering with Qymera opens a new frontier for geothermal energy,” said Kam Mahdi, CEO of CETY. By pairing our conversion technologies and Exergy’s advanced ORC systems with Qymera’s innovative well design, we can deliver clean, reliable baseload power in markets where energy resilience and independence matter most. Our objective is to achieve LCOE below $0.08 per kWh and scale rapidly across high-potential geothermal regions.”

Darrell Dous serves as the Chief Executive Officer of Qymera Global Energy Ltd. and added: “Our collaboration with CETY and its strategic alliance with Exergy gives us a complete, integrated solution from subsurface design to surface power generation.”DeepFyre’s monobore wells simplify drilling and reduce costs, while CETY’s ORC technology provides proven efficiency and scalability. Together, we’re positioned to deploy geothermal systems faster and more competitively than ever before.”

The global geothermal market, valued at approximately $8.75 billion in 2024, is expected to grow to over $12 billion by 2033 at a 4.2% CAGR. Yet geothermal still represents less than 0.5% of global electricity generation, leaving vast potential untapped. The Caribbean alone holds an estimated 55–70 GW of geothermal capacity but has deployed only around 15 MW to date.

The CETY–Qymera collaboration directly targets this gap, beginning with island-based pilot projects in the Caribbean and Central America, followed by larger installations across Southeast Asia and Africa. Each deployment will demonstrate how DeepFyre can reduce drilling costs by up to 30%, shorten project development time by nearly half, and deliver reliable, baseload renewable energy suited for both traditional grids and digital-energy infrastructures such as AI compute centers and sustainable data facilities.

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.

For more information, visit www.cetyinc.com.

Follow CETY on our social media channels: Twitter | LinkedIn | Facebook

This summary should be read in conjunction with the Company’s quarterly report on Form 10-Q for the quarterly period ended September 30, 2024 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 CETY announce on Nov 3, 2025 about DeepFyre™ and geothermal?

CETY announced a strategic collaboration with Qymera to commercialize the DeepFyre™ geothermal platform integrating CETY’s ORC systems and Exergy alliance.

What is the deployment scale for DeepFyre™ units mentioned by CETY (CETY)?

The collaboration targets modular units sized from 5 MW to 50 MW per installation.

What LCOE target did CETY set for DeepFyre™ systems in the Nov 3, 2025 release?

CETY aims for an LCOE below $0.08 per kWh for DeepFyre™ deployments.

How much drilling-cost reduction does CETY claim DeepFyre™ could achieve?

The companies state DeepFyre™ can reduce drilling costs by up to 30%.

Where will CETY and Qymera begin pilot projects for DeepFyre™?

Initial island-based pilot projects are planned in the Caribbean and Central America.

What market opportunity did CETY cite for geothermal in the Nov 3, 2025 announcement?

The release cited a global geothermal market valued at about $8.75B in 2024 growing toward $12B by 2033 and noted geothermal supplies <0.5% of global electricity.
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