Welcome to our dedicated page for Clean Energy Technologies news (Ticker: CETY), a resource for investors and traders seeking the latest updates and insights on Clean Energy Technologies stock.
Clean Energy Technologies, Inc. (NASDAQ: CETY) is a clean energy technology company focused on waste-to-energy, power generation, storage, and heat-to-power systems. The CETY news feed highlights company announcements, project milestones, regulatory updates, and financing events that shape its role in clean energy infrastructure across North America, Europe, and Asia.
News coverage for CETY includes developments in its Waste Heat Recovery Solutions using the patented Clean Cycle™ generator, Waste to Energy Solutions that convert industrial and agricultural waste into electricity and biochar, and Engineering, Consulting and Project Management services for municipal, industrial, and EPC customers. Readers can follow updates on specific projects, such as agricultural waste-to-energy facilities developed through affiliates, deployments of Organic Rankine Cycle technology in industrial manufacturing, and collaborations to advance geothermal power systems like DeepFyre™.
The CETY news stream also features information on battery energy storage projects where the company serves as Engineering, Procurement, and Construction (EPC) contractor, including multi-megawatt BESS installations in New York designed to support grid reliability and distributed energy resources. Additional items cover initiatives related to AI data centers and cryptocurrency mining, including mobile, modular power and mining solutions and evaluations of energy-efficient technologies for data infrastructure.
Investors and observers use this page to monitor CETY’s letters of intent, EPC awards, regulatory steps such as Vermont Public Utility Commission proceedings, Nasdaq listing updates, and capital-raising transactions disclosed in press releases and Form 8-K filings. For those tracking the evolution of CETY’s clean energy portfolio, the news feed offers a centralized view of how the company’s technologies and projects progress over time.
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Clean Energy Technologies, Inc. (CETY) reported significant growth in its 2022 Year-End financial results. The total revenue reached $2.66 million, marking a 104% increase over 2021. Gross profits also rose by 92% to $1.17 million, while the net profit was $147,395, down from $297,551 in the previous year, attributed to one-time expenses related to its Nasdaq up-listing. Notably, the company recognized a substantial gain on debt settlement of $2.56 million in 2022, compared to $868,502 in 2021. As of early 2023, CETY's equity position improved significantly, bolstered by a public offering grossing $3.9 million and the conversion of a convertible note. The company aims for continued profitability through operational scaling and capital access.
Clean Energy Technologies, Inc. (CETY) recently announced a significant milestone: its subsidiary, Jiangsu Huanya Jieneng New Energy Co., Ltd., received certification to access the China Natural Gas Pipeline Network Group Co. (NGPNG). This access enables CETY to utilize the extensive natural gas infrastructure across China, allowing for the importation and sale of natural gas through the NGPNG network.
This expansion significantly enhances CETY's distribution capabilities, securing a supply of up to 40 million cubic meters of natural gas for the remainder of 2023. CEO Kam Mahdi emphasized that this certification represents national recognition and broadens their user base, potentially increasing the adoption of CETY's energy efficiency solutions.