Clean Energy Technologies, Inc. CEO joins California-Latvia economic development and cross-sector cooperation delegation; addresses business forum
Clean Energy Technologies, Inc. (CETY) CEO Kam Mahdi joined a California delegation to Riga, Latvia, led by Treasurer Fiona Ma and other officials. The visit aimed to explore business investment, economic and technological collaboration opportunities in key Baltic growth sectors. Mahdi presented CETY's growth strategy as a clean energy solutions provider in the Baltic region and other markets during the Ministry of Foreign Affairs Forum on Sustainable Energy Technologies and Innovations.
CETY highlighted its successful 6-year partnership with Latvian company Eko Nams, showcasing their waste-to-energy solution. The delegation met with high-ranking Latvian officials, including Prime Minister Evika Silina and EU Commission Executive Vice President Valdis Dombrovskis, focusing on major infrastructure projects and potential synergies between California's tech innovation ecosystem and Latvia's emerging role as a hub for new technology and clean energy in the Baltic region.
Clean Energy Technologies, Inc. (CETY) ha partecipato, insieme al CEO Kam Mahdi, a una delegazione della California a Riga, Lettonia, guidata dal Tesoriere Fiona Ma e da altri funzionari. L'obiettivo della visita era esplorare opportunità di investimento commerciale, collaborazione economica e tecnologica nei settori chiave della crescita baltica. Mahdi ha presentato la strategia di crescita di CETY come fornitore di soluzioni energetiche pulite nella regione baltica e in altri mercati durante il Forum del Ministero degli Affari Esteri sulle Tecnologie e Innovazioni Energetiche Sostenibili.
CETY ha sottolineato la sua partnership di successo durata 6 anni con l'azienda lettone Eko Nams, presentando la loro soluzione per trasformare i rifiuti in energia. La delegazione ha incontrato funzionari lettoni di alto rango, tra cui il Primo Ministro Evika Silina e il Vicepresidente Esecutivo della Commissione UE Valdis Dombrovskis, concentrandosi su importanti progetti infrastrutturali e potenziali sinergie tra l'ecosistema di innovazione tecnologica della California e il crescente ruolo della Lettonia come centro per nuove tecnologie e energia pulita nella regione baltica.
Clean Energy Technologies, Inc. (CETY) el CEO Kam Mahdi se unió a una delegación de California en Riga, Letonia, liderada por la Tesorera Fiona Ma y otros funcionarios. La visita tuvo como objetivo explorar oportunidades de inversión empresarial, colaboración económica y tecnológica en sectores clave de crecimiento en los países bálticos. Mahdi presentó la estrategia de crecimiento de CETY como proveedor de soluciones de energía limpia en la región báltica y otros mercados durante el Foro del Ministerio de Relaciones Exteriores sobre Tecnologías e Innovaciones Energéticas Sostenibles.
CETY destacó su exitosa asociación de 6 años con la empresa letona Eko Nams, mostrando su solución de residuos a energía. La delegación se reunió con funcionarios letones de alto rango, incluyendo a la Primera Ministra Evika Silina y al Vicepresidente Ejecutivo de la Comisión de la UE Valdis Dombrovskis, enfocándose en importantes proyectos de infraestructura y potenciales sinergias entre el ecosistema de innovación tecnológica de California y el papel emergente de Letonia como un centro de nuevas tecnologías y energía limpia en la región báltica.
클린 에너지 기술 주식회사 (CETY)의 CEO 카므 마흐디가 피오나 마 재무장관과 다른 관계자들이 이끄는 캘리포니아 대표단에 합류하여 라트비아 리가를 방문했습니다. 이번 방문은 비즈니스 투자, 경제 및 기술 협력 기회를 탐색하기 위한 것이었습니다. 마흐디는 외교부의 지속 가능한 에너지 기술 및 혁신 포럼에서 발트 지역 및 기타 시장에서 클린 에너지 솔루션 제공업체로서의 CETY의 성장 전략을 발표했습니다.
CETY는 라트비아 회사 Eko Nams와 6년 동안 성공적으로 파트너십을 맺었다는 사실을 강조하며 폐기물을 에너지로 전환하는 솔루션을 선보였습니다. 대표단은 에비카 실리나 총리 및 유럽연합 집행위원회 부위원장 발디스 돔브로프스키스를 포함한 고위 라트비아 관계자들과 만나 주요 인프라 프로젝트와 캘리포니아의 기술 혁신 생태계와 발트 지역에서의 새로운 기술 및 청정 에너지 허브로서 떠오르는 라트비아 간의 잠재적인 시너지에 대해 논의했습니다.
Clean Energy Technologies, Inc. (CETY) le PDG Kam Mahdi a rejoint une délégation de Californie à Riga, en Lettonie, dirigée par la Trésorière Fiona Ma et d'autres responsables. Le but de la visite était d'explorer des opportunités d'investissement commercial, de collaboration économique et technologique dans des secteurs clés de croissance dans la région balte. Mahdi a présenté la stratégie de croissance de CETY en tant que fournisseur de solutions d'énergie propre dans la région baltique et d'autres marchés lors du Forum du Ministère des Affaires Étrangères sur les Technologies Énergétiques Durables et les Innovations.
CETY a mis en avant son partenariat réussi de 6 ans avec l'entreprise lettone Eko Nams, en présentant leur solution de valorisation énergétique des déchets. La délégation a rencontré des responsables lettons de haut niveau, dont la Première Ministre Evika Silina et le Vice-Président Exécutif de la Commission Européenne Valdis Dombrovskis, en se concentrant sur des projets d'infrastructure majeurs et des synergies potentielles entre l'écosystème d'innovation technologique de Californie et le rôle émergent de la Lettonie en tant que centre pour les nouvelles technologies et l'énergie propre dans la région baltique.
Clean Energy Technologies, Inc. (CETY) CEO Kam Mahdi kam zusammen mit einer Kalifornischen Delegation unter der Leitung von Schatzmeisterin Fiona Ma und anderen Beamten nach Riga, Lettland. Der Besuch hatte das Ziel, Geschäftsinvestitionen, wirtschaftliche und technologische Kooperationsmöglichkeiten in wichtigen Wachstumsektoren im Baltikum zu erkunden. Mahdi präsentierte die Wachstumsstrategie von CETY als Anbieter von sauberen Energielösungen in der Ostseeregion und anderen Märkten während des Forums des Außenministeriums zu nachhaltigen Energietechnologien und Innovationen.
CETY hob die erfolgreiche sechsjährige Partnerschaft mit dem lettischen Unternehmen Eko Nams hervor und stellte deren Abfall-zu-Energie-Lösung vor. Die Delegation traf sich mit hochrangigen lettischen Beamten, darunter Ministerpräsidentin Evika Silina und dem Exekutivvizepräsidenten der EU-Kommission, Valdis Dombrovskis, um sich auf wichtige Infrastrukturprojekte und potenzielle Synergien zwischen dem Innovationsökosystem Kaliforniens und der aufstrebenden Rolle Lettlands als Zentrum für neue Technologien und saubere Energie im Baltikum zu konzentrieren.
- CETY's CEO participated in a high-level economic delegation to Latvia, potentially opening new business opportunities
- The company showcased its successful 6-year partnership with Latvian firm Eko Nams, demonstrating market presence
- CETY's waste-to-energy solution was highlighted as an example of successful clean energy implementation in Latvia
- None.
Irvine, CA., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (“CETY” or the “Company”) (Nasdaq: CETY) CEO Kam Mahdi joined a California delegation to Riga, Latvia, which was led by Treasurer Fiona Ma, Senator Josh Newman, and former Senator Robert Hertzberg. The purpose was to meet with Latvian government and business leaders to discuss business investment, economic and technological collaboration, and development opportunities in key Baltic growth sectors. With nearly 12,000, California is home to more Latvian Americans than any other US state.
Latvia has become a major logistics hub for economic and technological expansion that is projected to have a broadly transformative impact for growth across Europe, as the demands and opportunities of globalization make the strategically situated country a natural hub for such advancement.
The delegation visit, included a focus on major infrastructure projects such as the new Riga airport and new rail system to connect the Baltic region with other Europe destinations. Delegation meetings were headed by Latvia Prime Minister Evika Silina, EU Commission Executive Vice President and former Latvia Prime Minister Valdis Dombrovskis, Minister of Foreign Affairs Baiba Braže, Minister of Economics Viktors Valainis, Interim Director General at Investment and Development Agency of Latvia Raivis Bremsmits, Deputy State Secretary and Ministry of Transport Kristine Malnaca, Vice Chairperson of RB Rail AS Arnis Kakulis, Honorary Latvian Consul General Dr. Juris Bunkis, Managing Director of Riga Investment and Tourism Agency Fredis Bikovs, and other members of the ministries’ leadership teams.
The visit began with an official meeting and opening comments from Latvian Prime Minister Evika Siliņa, former Prime Minister of Latvia and current EU Executive Vice President Valdis Dombrovskis, California Treasurer Fiona Ma, US Ambassador to Latvia Christopher Robinson, and California State Senator Josh Newman. All hailed the critical importance of the Latvia-California connection in areas that would create synergies and leverage opportunity for cooperation between enterprises from California, currently a in the top five of world economies and leading ecosystem for technology innovation and funding, and Latvia, a focal point of new technology, clean and alternative energy, and smart transportation, with innovations that are advancing progress across the entire Baltic region.
CETY CEO Kam Mahdi spoke as part of the Ministry of Foreign Affairs Forum on Sustainable Energy Technologies and Innovations, which included Senator Robert Hertzberg, Ilmars Osmanis, Founder and CEO of Lighspace, Liene Briede, Vice Rector for Innovations at Riga Technical University, and Andris Berzins, Managing Partner at Change Ventures.
Mr. Mahdi presented his publicly traded company’s strategy of growth as a clean energy solutions provider in the Baltic region and other key venues in Europe, North America, and Asia markets. CETY’s successful 6-year partnership in Latvia with Eko Nams, a Latvian log home builder that uses CETY’s equipment to turn waste wood chips from their manufacturing process into clean energy, was launched in 2018. This CETY process, which uses two boilers and two of CETY’s proprietary organic Rankine cycle heat recovery systems, saved Eko Nams transportation cost and time of hauling waste wood off-site and provided the company a clean, immediate source of energy, providing an example of what is possible.
“With this experience, I can say that we have found working in Latvia to offer an excellent opportunity for growth and partnerships,” said Mahdi. “The available tech talent, innovation mindset, and support of government for finding solutions to energy and other challenges have all been major benefits.”
Watch the Eko Nams video here: https://www.youtube.com/watch?v=RE5uhLVWLNw
Visiting Latvia for the first time after having forged strong connections with the Latvian community in California, Treasurer Fiona Ma applauded the common themes Latvia shares with California and looked forward to the upcoming California visit of the Latvian Presidential delegation for continued progress.
“Latvia is a small but mighty country of dreamers and doers like California. We had great meetings with smart and competent leaders and look forward to welcoming the delegation to California in September to spur economic development and further bilateral relations.”
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. 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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This summary should be read in conjunction with the Company’s quarterly report on Form 10-Q for the quarterly period ended March 31, 2024 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:
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Source: Clean Energy Technologies, Inc.
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