CETY Achieves Milestone Delivery of Heat Recovery Systems
Clean Energy Technologies, Inc. (NASDAQ: CETY), a prominent player in clean energy solutions, has recently announced the successful completion of its heat recovery systems, in alignment with its strategic partnership with Sagacity.
Overview of the Partnership
This important delivery marked a significant milestone for CETY, following the earlier announcement of a strategic agreement with Sagacity which focused on the sale and enhancement of CETY's innovative Clean Cycle technology. This technology, which utilizes a 140 kW magnetic bearing Organic Rankine Cycle (ORC) system, is designed to generate electricity from waste heat. Additionally, this collaboration is paving the way for advancements in CETY’s next-generation 350 kW ORC system.
Details of the Project Completion
CETY has fulfilled its commitments outlined in the agreement, successfully delivering Clean Cycle II (CCII) ORC units alongside essential system components and engineering support. This accomplishment underscores CETY's dedication to timely delivery and superior technical standards, reinforcing its stance as a trusted partner in the clean energy sector.
Impact on Future Collaborations
The successful execution of this project not only showcases CETY's capabilities but also lays the groundwork for further collaboration with Sagacity in developing larger, advanced ORC systems. The company's expertise in managing complex heat recovery initiatives positions both CETY and Sagacity to explore expanded opportunities across various commercial and industrial sectors.
CEO's Vision on Clean Energy Solutions
Kam Mahdi, CEO of Clean Energy Technologies, expressed pride in the successful delivery of the project, stating, "This project showcases our commitment to precision, reliability, and our innovative ORC technology. We look forward to advancing toward a larger 350 kW system while meeting the needs of energy-intensive industries around the globe. Our mission continues to focus on sustainable, cost-effective clean power solutions that generate lasting value for our partners while facilitating the transition to clean energy."
CETY's Role in the Clean Energy Landscape
This recent milestone further establishes CETY's reputation as a leader in ORC technology. Through its collaboration with Sagacity, CETY continues to demonstrate its commitment to enhancing supply chain dynamics, improving cost efficiency, and promoting operational excellence across energy-intensive industries such as industrial manufacturing, biomass, oil and gas, data centers, and more. The company is fervently dedicated to expanding its technological offerings, helping industries globally to capitalize on waste heat recovery as a sustainable energy resource, minimizing emissions, and advancing global decarbonization initiatives.
About Clean Energy Technologies, Inc.
Based in Irvine, California, Clean Energy Technologies, Inc. (CETY) is at the forefront of the zero-emission energy movement. CETY provides eco-friendly energy solutions, alternative electric power, and clean energy fuels aimed at small to mid-sized projects across North America, Europe, and Asia. The company specializes in generating power from heat and biomass in ways that ensure zero emissions and competitive costs. CETY’s primary offerings include Waste Heat Recovery Solutions utilizing its proprietary Clean Cycle generator, Waste to Energy Solutions converting waste generated in various industries into electricity and BioChar, and comprehensive Engineering, Consulting, and Project Management Solutions tailored for municipal and industrial clients.
Contact Information
If you wish to learn more about Clean Energy Technologies, CETY's common stock is traded on the Nasdaq under the ticker “CETY.” For further information or investor inquiries, please reach out through the following contact channels:
Phone: 949-273-4990
Email: ir@cetyinc.com
Frequently Asked Questions
What milestone did CETY achieve recently?
CETY successfully completed and delivered its heat recovery systems as part of its strategic agreement with Sagacity.
What technology is involved in CETY's heat recovery systems?
The heat recovery systems utilize CETY's Clean Cycle technology, specifically the 140 kW magnetic bearing Organic Rankine Cycle (ORC) system.
How does CETY plan to expand its technology?
CETY aims to further develop its next-generation 350 kW ORC system while continuing to explore larger-scale applications within the energy sector.
What is CETY’s commitment to clean energy?
CETY is committed to delivering sustainable, cost-effective clean power solutions that contribute to a decarbonized future.
Where can I find more information about CETY?
More details about Clean Energy Technologies, Inc. can be found on their official website: www.cetyinc.com.
