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, 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.
Clean Energy Technologies, Inc. (CETY) has successfully secured subscriptions totaling $2,570,000 under its Regulation A+ offering, priced at $.08 per share. CEO Kam Mahdi expressed gratitude towards investors, noting that this capital will enhance project execution, supply chain efficiency, and infrastructure development for increased production capacity. The funds are expected to facilitate growth in key markets in the United States, China, and Europe, as well as leverage new tax incentives for clean energy projects.
Clean Energy Technologies, Inc. (CETY) has successfully repaid $555,000 of its variable rate convertible debt, with $168,000 settled through stock conversion. CEO Kam Mahdi noted the company’s improved financial position allowed for this repayment and plans to eliminate the remaining convertible note soon. The firm aims to transition to less dilutive debt structures in the future to support growth projects, particularly expanding clean energy products into China.
