Clean Energy Technologies Stock Price, News & Analysis
Company Description
Clean Energy Technologies, Inc. (CETY) develops and markets energy efficiency products focused on waste heat recovery and renewable energy solutions. Founded in 2006 and headquartered in Costa Mesa, California, the company operates in the rapidly expanding clean energy sector, serving industrial facilities, agricultural operations, and emerging cryptocurrency mining applications.
The company's core business centers on waste heat recovery technology, converting thermal energy from industrial processes into usable electricity or supplemental power. Its Clean Cycle™ generator, offered through its Heat Recovery Solutions division, employs Organic Rankine Cycle (ORC) technology to capture waste heat from engines, compressors, and other heat-producing equipment, generating electricity without additional fuel consumption.
Revenue Streams and Business Segments
Clean Energy Technologies generates revenue through equipment sales, engineering services, and project development across multiple clean energy verticals. The company's product portfolio includes heat recovery systems ranging from smaller installations to larger-scale ORC systems, battery energy storage solutions (BESS), and emerging technologies for renewable natural gas (RNG) production and geothermal power.
The company recently expanded into battery energy storage projects, securing contracts for large-scale systems that store electricity from renewable sources and provide grid stabilization services. This diversification positions CETY to serve the growing energy storage market driven by renewable energy integration requirements.
Technology and Product Portfolio
Heat Recovery Solutions: The company's ORC technology converts low-grade waste heat into electricity, targeting industrial facilities, landfills with gas-to-energy operations, and anaerobic digestion facilities. These systems reduce facility energy costs while lowering carbon emissions.
Battery Energy Storage Systems: CETY develops and deploys grid-scale battery storage projects, particularly in regulated markets like New York where energy storage incentives support project economics.
HTAP™ Platform: The company's High-Temperature Anaerobic Processing platform enhances biogas production at anaerobic digestion facilities while converting digestate into biochar, creating additional revenue streams for agricultural waste processing operations.
Geothermal Integration: Through partnerships, CETY integrates heat recovery technology with geothermal power systems, expanding addressable markets for its core ORC technology.
Market Position and Industry Context
Clean Energy Technologies operates in the distributed energy and energy efficiency sectors, which benefit from federal and state incentives including investment tax credits, production tax credits, and accelerated depreciation for qualified clean energy projects. The company's eligibility for these incentives under the Inflation Reduction Act strengthens project economics for customers.
The company serves industrial clients seeking to reduce operating costs through energy recovery, agricultural operations converting waste into renewable energy, and data center operators exploring efficiency solutions for heat-intensive operations. CETY's engineering capabilities support both standardized product sales and customized project development.
Corporate Structure and Trading Information
Clean Energy Technologies trades on the NASDAQ Capital Market under the ticker CETY. The company completed a reverse stock split to maintain exchange listing requirements, demonstrating its commitment to remaining publicly traded on a major exchange.
The company's engineering and manufacturing resources support its primary heat recovery business while providing technical services to other clean energy companies, creating opportunities for service revenue alongside product sales.