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 (CETY) delivers innovative solutions in energy efficiency and sustainable technology, specializing in heat recovery systems like the Clean Cycle generator. This page provides investors and industry professionals with a centralized hub for all CETY news and official announcements.
Access timely updates including earnings reports, product launches, strategic partnerships, and sustainability initiatives. Our curated collection ensures you stay informed about CETY’s advancements in industrial, aerospace, and medical sector applications.
Discover how CETY’s engineering expertise and clean energy innovations drive progress across global markets. Bookmark this page for reliable updates on the company’s contributions to reducing environmental impact through cutting-edge technology.
Clean Energy Technologies (CETY) has announced a strategic agreement with Sagacity, securing $400,000 in sales of magnetic bearing Organic Rankine Cycle (ORC) heat recovery solutions. The partnership focuses on developing an advanced 350 kW magnetic bearing ORC system for large industrial and commercial applications.
The collaboration aims to strengthen CETY's supply chain and enhance the manufacturing and distribution of its proprietary Clean Cycle II (CCII) ORC system. The new 350 kW ORC system under development targets various sectors including Biomass, Oil & Gas, Data Centers, and Small-to-Midsize Power Plants.
The agreement includes the delivery of Clean Cycle II ORC units, system components, and engineering support. The partnership focuses on advancing ORC technology to maximize energy recovery, improve affordability, and support the transition to sustainable power generation.
Clean Energy Technologies (CETY) has signed a Memorandum of Understanding with Qymera Canada and secured a $500,000 order for two Clean Cycle units to support Qymera's monobore geothermal technology deployment. The partnership aims to provide sustainable baseload power solutions for mines, manufacturing facilities, and data centers.
The innovative monobore technology offers several advantages:
- Shallower well drilling requirements
- Elimination of injection wells and their management
- Reduced seismic risks by avoiding fluid reinjection
- Zero carbon emissions
CETY will integrate its magnetic bearing heat-to-power generator into Qymera's geothermal projects on a pilot basis, providing technical and operational support. The company will leverage its Organic Rankine Cycle (ORC) technologies, acquired from General Electric, and its strategic partnership with Exergy to address various heat applications.
Clean Energy Technologies (CETY) announces a strategic partnership with METIS Power to develop advanced microgrid solutions for AI data centers and cryptocurrency mining operations. The collaboration integrates CETY's waste heat recovery systems with METIS Power's energy expertise to create efficient power solutions. The partnership aims to address the increasing energy demands of AI and crypto mining sectors by providing sustainable microgrid systems that can operate independently or with the main grid. CETY's technology utilizes wasted heat from natural gas turbines to power chillers, reducing cooling costs while promoting reliability and sustainability.
Clean Energy Technologies (CETY) has signed a memorandum of understanding with Freyr Technology, an NVIDIA Preferred Partner, to deliver AI Computing and Data Center services in Southeast Asia. Under the agreement, Freyr will lead client acquisition and Data Center operations, while CETY will provide NVIDIA infrastructure and support marketing efforts. The partnership enables CETY to cross-sell its clean energy solutions to AI Data Centers, potentially reducing operational costs through energy efficiency implementations.
Clean Energy Technologies (CETY) announces plans to expand into Cryptocurrency Mining and Artificial Intelligence Datacenter (AIDC) sectors. The expansion follows a Memorandum of Understanding with True North Computation, a Bitcoin mining company, to provide microgrid solutions for their operations. CETY management identifies strong market demand for their products in these sectors and is considering further operational expansion beyond renewable energy.
Clean Energy Technologies (CETY) has signed a Memorandum of Understanding with Exergy International to promote Organic Rankine Cycle (ORC) heat recovery solutions across the Americas. The strategic partnership combines CETY's market presence and engineering expertise with Exergy's advanced high-capacity ORC systems using Radial Outflow Turbine technology. The collaboration aims to provide waste heat recovery solutions for industries including cement, steel, glass, oil & gas, utilities, and power generation from geothermal resources and biomass. Exergy brings over 550 MWe portfolio experience to support American industries in their decarbonization efforts.
Clean Energy Technologies, Inc. (CETY) has signed a memorandum of understanding with True North Computation, Inc. (TNC) to deliver advanced microgrid solutions for TNC's datacenters and cryptocurrency mining operations. The collaboration aims to optimize TNC's energy consumption and improve the environmental impact of its mining activities. CETY's technology will be implemented in a 20MW microgrid application within the U.S., offering benefits such as reduced emissions, increased uptime, advanced energy management, and lower operational costs.
CETY and its affiliates will provide comprehensive engineering, procurement, and management services for this project. The partnership reflects CETY's commitment to delivering innovative and environmentally friendly energy solutions for high-energy-demand industries like cryptocurrency mining. Microgrids are transforming energy management, particularly for AI datacenters and Bitcoin mining, by providing localized power generation that can operate independently or alongside the main grid.
Clean Energy Technologies, Inc. (NASDAQ: CETY) announced that its affiliate, Vermont Renewable Gas, (VRG), has been awarded a $1 million USDA REAP Grant for the completion of a 2.2-megawatt renewable energy facility in Lyndon, Vermont. The project, centered around CETY's HTAP Biomass Reactor technology, will convert waste biomass into renewable fuel gas and BioChar fertilizer.
The VRG – Lyndon facility is expected to deliver over 18,000 MWh of renewable electricity and 1,500 tons of BioChar annually, with full commissioning anticipated within 12 months. This grant is part of a $1.05 billion USDA initiative funded through the Inflation Reduction Act, aimed at spurring economic development and rural prosperity.
CETY CEO Kam Mahdi expressed delight at the USDA's decision, viewing it as a sign of continued commitment to the project. The company sees this as an opportunity to expand its clean energy solutions across multiple industries globally, while also growing its heat recovery business horizontally.
Clean Energy Technologies, Inc. (CETY) participated in Latvia's economic delegation visit to the US from September 17 to 23, 2024. CEO Kam Mahdi presented at a program on California Technology Research and Investment, discussing CETY's growth as a comprehensive clean energy solutions company with expanding global operations.
The delegation, led by Latvia's President Edgars Rinkēvičs, visited San Francisco and Silicon Valley, engaging with California government leaders, technology companies, and investors. The visit aimed to explore economic cooperation opportunities for Latvian enterprises in the United States, particularly in California's business and technology ecosystem.
Mahdi highlighted CETY's evolution from its initial focus on waste heat recovery to becoming a comprehensive energy solutions provider. The company has been involved in a waste heat to energy project in Latvia since 2018 and is in discussions with other Latvian companies for potential collaborations.
Clean Energy Technologies, Inc. (CETY) has signed a strategic partnership with Green Energy Ventures LTDA (GEV) to expand its waste heat to power operations in Brazil. This agreement positions CETY to capitalize on the growing demand for sustainable energy solutions in the region. Key points:
- GEV will be CETY's exclusive authorized distributor and commercial agent in Brazil
- The partnership aims to secure contracts with major industrial players
- GEV will provide comprehensive technical support, including logistics and training
- The collaboration is expected to accelerate the adoption of CETY's energy efficiency solutions
- This partnership is a significant milestone in CETY's global growth strategy
The move reflects CETY's commitment to expanding its presence in key markets and driving the adoption of energy-efficient technologies globally.
