Vermont Renewable Gas Reaches Agreement with State Environmental Regulators, Advancing Lyndon Renewable Energy Project
Rhea-AI Summary
Clean Energy Technologies (Nasdaq: CETY) affiliate Vermont Renewable Gas executed an MOU with the Vermont Agency of Natural Resources on May 6, 2026 to advance a proposed 2.2 MW renewable energy facility in Lyndon, Vermont. The MOU sets enforceable environmental and regulatory conditions, including air, water, stormwater permits, periodic biochar testing, and sustainable wood-feedstock sourcing under an approved forestry plan.
The Agency concluded that, if conditions are met, the Project will not cause adverse environmental impact or increase greenhouse gas emissions. The MOU is expected to be incorporated into the Project's Certificate of Public Good proceeding before the Vermont Public Utility Commission.
Positive
- MOU with Vermont Agency of Natural Resources executed
- Project size defined as 2.2 MW renewable facility
- Agency concluded no adverse environmental impact if conditions met
- MOU to be incorporated into Certificate of Public Good proceeding
Negative
- Project subject to enforceable environmental conditions that may increase compliance costs
- Periodic biochar testing for heavy metals implies potential contamination monitoring needs
- Community concerns about emissions and transparency persist despite commitments
News Market Reaction – CETY
In the May 6 session, CETY gained 19.61%, reflecting a significant positive market reaction. Argus tracked a peak move of +24.5% during that session. Argus tracked a trough of -5.9% from its starting point during tracking. Our momentum scanner triggered 19 alerts that day, indicating notable trading interest and price volatility. Trading volume was exceptionally heavy at 6.1x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 23 | Nasdaq deficiency notice | Negative | -3.0% | Nasdaq cites late 10-K filing, raising listing-compliance concerns. |
| Mar 30 | Project LOI signed | Positive | +12.5% | LOI for Alberta HTAP deployment targeting scalable 2 MW units. |
| Mar 20 | Conference engagement | Positive | -11.0% | Discussions on California pilot and future project pathways. |
| Mar 11 | Technology MOU | Positive | +8.3% | MOU with METIS to develop 1–2 MW modular waste-to-energy platform. |
| Feb 24 | AI project exposure | Neutral | -18.1% | Update on China Ruifeng AI project; CETY involvement not assured. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
CETY’s project and partnership updates have often led to strong positive moves, while conference updates and distant strategic news have sometimes seen negative reactions, indicating selective investor enthusiasm for nearer-term commercialization milestones.
Over the last six months, CETY has mixed operational progress with regulatory and financing challenges. Project-focused updates, such as MOUs for modular waste-to-energy platforms and an Alberta pilot, saw positive reactions, while strategic discussions and AI-related exposure drew selling. A recent Nasdaq filing delay and multiple convertible note financings highlight balance sheet and listing risks. Today’s Vermont MOU advances a specific 2.2 MW project, aligning more with prior commercially oriented announcements than with broader strategic or financing news.
Key Terms
memorandum of understanding regulatory
biochar technical
greenhouse gas emissions technical
certificate of public good regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
IRVINE, CA, May 06, 2026 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq: CETY) (“CETY” or the “Company”), a clean energy technology and solutions provider focused on converting waste and heat into power and fuels, today announced execution by its affiliate, Vermont Renewable Gas (VRG), of a Memorandum of Understanding (MOU) with the Vermont Agency of Natural Resources, marking a significant milestone in the development of VRG’s proposed 2.2 MW renewable energy facility in Lyndon, Vermont. The MOU, filed with the Vermont Public Utility Commission, reflects a comprehensive agreement on environmental and regulatory matters between VRG and Vermont’s primary environmental oversight agency and establishes a clear framework for project approval and ongoing compliance.
A Project Aligned with Vermont’s Environmental Standards
Vermont has long been a pioneer and leading force in environmental sustainability action, and initiatives for local production of clean energy Under the terms of the MOU, the Project will proceed subject to rigorous, enforceable conditions, including:
- Full compliance with all air quality, water, and stormwater permits
- Ongoing regulatory oversight and inspection by state agencies
- Periodic testing of biochar for environmental safety, including heavy metals and emerging contaminants, in coordination with the Vermont Agency of Agriculture, Food and Markets
- Sustainable sourcing of wood-based feedstock under an approved forestry management plan
The Agency of Natural Resources has concluded that, subject to satisfying these conditions, the Project will not result in an adverse environmental impact, nor increased greenhouse gas emissions.
Addressing Community Priorities: Transparency, Safety, and Accountability
CETY recognizes and respects the concerns raised by community members during VRG’s public engagement process, particularly related to emissions, site operations, and project transparency.
In response, CETY is committed to:
- Project transparency, including providing detailed information on comparable operating facilities, with project data made accessible to VRG’s stakeholders
- Operational accountability, through supporting VRG’s commitment to continuous monitoring, reporting, and third-party verification
- Community engagement, together with VRG, ensuring ongoing communication with local stakeholders throughout development and operations
“This agreement represents an important step forward in this clean energy initiative, and reinforces our commitment to operating with full transparency and accountability,” said Kam Mahdi. “Both CETY and VRG are dedicated to providing the level of visibility and access that the community and decision-makers expect, on an ongoing basis throughout the life of the project.”
A Critical Step Toward Project Approval
The MOU is expected to be incorporated into the Project’s Certificate of Public Good (CPG) proceeding before the Public Utility Commission and serves as a foundational element supporting final regulatory approval.
About the Project
The VRG facility is designed to convert locally sourced biomass and agricultural residuals into renewable energy, supporting:
- Local energy generation and distribution
- Reduction of waste streams
- Long-term sustainable resource utilization
The Project is being developed with a focus on environmental stewardship, operational safety, and long-term community benefit.
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. CETY also holds a minority ownership interest in, and is affiliated with Vermont renewable Gas LLC. 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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About Vermont Renewable Gas
Vermont Renewable Gas, LLC is a developer of renewable energy infrastructure focused on converting underutilized organic resources into sustainable power solutions. The Company is committed to advancing projects that meet stringent environmental standards while supporting local economies and energy resilience.
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.
