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.
Clean Energy Technologies, Inc. (CETY) has partnered with the U.S. Environmental Protection Agency’s (EPA) Landfill Methane Outreach Program (LMOP) to promote landfill gas (LFG) as an energy resource. CETY will provide financial and technical assistance for developing LFG energy projects aimed at reducing methane emissions from landfills. This collaboration aligns with global efforts to decrease emissions, highlighted by the Global Methane Pledge. CETY intends to create a corporate energy profile and explore additional LFG recovery projects in cooperation with municipal and other stakeholders.
Clean Energy Technologies (CETY) announced its financial results for Q3 2021, reporting a net loss of $17,012, an improvement compared to a net loss of $518,889 in Q3 2020. Revenue from various segments showed mixed results, with total revenue for the nine months ending September 30, 2021, at $1,386,546, down from $2,220,371 year-over-year. The company acquired Leading Wave Limited, a Chinese LNG trading firm, and secured a $500K sales order for its Waste Heat Generator. Gross profits decreased to $519,683 from $681,236 in the same period last year, influenced by pandemic-related supply chain issues.
Clean Energy Technologies, Inc. (CETY) announced its acquisition of Jiangsu Huanya Jieneng New Energy Co. (JHJ), enhancing its footprint in China's liquified natural gas (LNG) market. This strategic move aims to tap into China's push for cleaner energy by generating substantial cash flow. JHJ, with over 10 years of experience, maintains a supply contract for 200 tons of LNG daily, projecting annual revenues of approximately $30M and a net profit of $940,000. The acquisition allows CETY to expand energy efficiency offerings beyond its current solutions.
Clean Energy Technologies (CETY) announced its collaboration with CORE IR, a strategic advisory firm, to enhance investor relations and shareholder communications. The partnership aims to leverage CORE IR's expertise to improve market awareness and effectively communicate CETY's business model and growth strategies. This move comes amidst significant investments in clean energy from governments and corporations. CETY specializes in clean energy solutions, including the Clean Cycle™ heat recovery generator, which converts waste heat into electricity, promoting energy efficiency and sustainability.
Clean Energy Technologies (CETY) has finalized documents to co-develop a $15,000,000 renewable energy processing facility in Massachusetts with Ashfield Ag Resources. Utilizing the HTAP Biomass Reactor, the facility aims to convert 10,000 tons of woody feedstock into approximately 16,500 MWh of electricity annually, alongside BioChar and heat production. CETY forecasts a 35% net present value return over ten years on the investment, intending to leverage synergies through its Heat Recovery Solutions subsidiary for enhanced project value.
Clean Energy Technologies, Inc. (CETY) announced a $500,000 sales order for a Clean Cycle Waste Heat Generator at the Aries Linden Biosolids Gasification Facility, set to be operational in Q4 2021. This facility will convert 430 tons of biosolids daily into clean renewable energy, greatly benefiting the New Jersey and New York Metropolitan area. CETY aims to expand its market share in clean energy solutions amidst rising interest in sustainability, leveraging valuable Investment Tax Credits. The Clean Cycle system is automated, requires no fuel, and produces zero emissions.
Clean Energy Technologies, Inc. (CETY) announced a new order for its Clean Cycle ORC Waste Heat Generator, driven by an EU directive promoting renewable energy. The order comes from a wood processing company, allowing for the recycling of waste wood into approximately 800MWh/year of electricity. This initiative will lower costs and create a new revenue stream for the manufacturer. CETY's CEO highlighted the directive's benefits, underscoring the growing market for their solutions in Europe.
Clean Energy Technologies (CETY) has launched a wholly owned subsidiary, CETY Capital, aimed at financing renewable energy projects. This strategic move is designed to enhance profitability and project flexibility while minimizing funding risks. CEO Kam Mahdi stated that CETY Capital will enable consistent returns and leverage special funding vehicles. The new subsidiary is expected to boost cash flow through long-term contracts and capitalize on tax incentives, supporting global shifts towards renewable energy.
Clean Energy Technologies (CETY) has entered a Memorandum of Understanding (MOU) with Ashfield Ag Resources to develop a biomass energy processing facility in Massachusetts. The project aims to convert forest waste into renewable electricity and BioChar fertilizer, targeting annual outputs of 14,600 MWh of energy and 1,500 tons of BioChar by Q1 2022. The project, valued at $15M, is expected to yield a 35% NPV over ten years and a 12% internal rate of return. CETY plans to leverage this facility for additional biomass projects, enhancing its position in the renewable energy sector.
Clean Energy Technologies, Inc. (CETY) announced plans to develop four renewable energy processing facilities in the northeastern U.S., focusing on waste from managed forestry activities. The company aims to commission these plants by 2023-2024, utilizing its high-temperature ablative fast pyrolysis reactor. These facilities will convert organic waste into renewable fuel gas and chemicals while achieving near-zero emissions. CETY's advancements align with increased incentives for clean energy investment and support its broader mission for energy efficiency and sustainability.