News

Innovative Partnership to Boost Geothermal Energy Solutions

Innovative Partnership to Boost Geothermal Energy Solutions

Clean Energy Technologies Teams Up for Geothermal Advancements

Clean Energy Technologies, Inc. (Nasdaq: CETY), known for its innovative approach to clean energy and waste-heat recovery, has embarked on an exciting collaboration with Qymera Global Energy Ltd. This strategic partnership is set to revolutionize the geothermal power sector with the introduction of the DeepFyre™ geothermal power system, which promises scalable, cost-effective, and zero-emission baseload power aimed primarily at island nations and rapidly developing markets.

Synergizing Innovative Technologies

The collaboration merges CETY's proprietary heat-to-power solutions and Organic Rankine Cycle (ORC) technology with Qymera's innovative DeepFyre™ monobore geothermal platform. This next-generation architecture utilizes advanced resin-based casings designed to enhance heat transfer properties and simplify drilling, thereby drastically reducing project costs associated with energy deployment. The two companies aim to offer modular power units that scale from 5 MW to 50 MW, making geothermal power more accessible and economically viable.

Statements from Leadership

Kam Mahdi, CEO of CETY, expressed enthusiasm for the partnership, stating, "This collaboration opens new avenues for harnessing geothermal energy. By integrating our cutting-edge conversion technologies with Qymera's innovative well architecture, we can provide sustainable, reliable baseload power in regions that prioritize energy resilience." The objective of this partnership is to reduce the Levelized Cost of Electricity (LCOE) below $0.08 per kWh and to accelerate the deployment of geothermal solutions in promising regions.

Insights from Qymera's CEO

Darrell Dous, CEO of Qymera Global Energy, emphasized the importance of their integrated solution, which combines efficient subsurface design with effective surface power generation. He highlighted that DeepFyre’s monobore wells not only make drilling easier but also more cost-effective, allowing faster deployment than conventional systems. The combination of CETY's ORC technology alongside Qymera’s well design positions them to deliver geothermal energy solutions more competitively than previously possible.

Market Potential and Future Growth

The global geothermal market represents an impressive growth opportunity, currently valued at around $8.75 billion in 2024, with projections to exceed $12 billion by 2033, reflecting a compound annual growth rate (CAGR) of 4.2%. Despite its vast potential, geothermal energy currently accounts for less than 0.5% of global electricity generation. For example, the Caribbean has approximately 55–70 GW of untapped geothermal capacity, yet has only utilized about 15 MW so far.

Aiming for Sustainable Pilot Projects

The CETY-Qymera partnership directly addresses this disparity, starting with pilot projects in Caribbean islands and Central America, and plans for broader installations across Southeast Asia and Africa. Each deployment will illustrate how DeepFyre™ can minimize drilling expenses by up to 30%, significantly reduce project development timelines, and deliver reliable, renewable baseload energy that caters to conventional grids and modern infrastructures alike, including those used for artificial intelligence and sustainable data facilities.

About Clean Energy Technologies, Inc. (CETY)

Based in Irvine, California, Clean Energy Technologies, Inc. emerges as a pioneering force in the zero-emission energy movement, providing eco-friendly energy solutions and alternative electric power options for small to mid-sized projects across North America, Europe, and Asia. Their core products include Waste Heat Recovery solutions using their patented Clean Cycle generator for electricity generation, Waste to Energy solutions for converting manufacturing byproducts into power, and comprehensive project management services tailored for clean energy projects.

Contact Information

For investor inquiries or media questions, please contact Clean Energy Technologies, Inc. at:

Phone: 949-273-4990

Email: ir@cetyinc.com

Frequently Asked Questions

What is the purpose of the collaboration between CETY and Qymera?

The collaboration aims to advance and commercialize the DeepFyre™ geothermal power system, focusing on providing cost-efficient, zero-emission baseload power for various markets.

How do CETY and Qymera's technologies work together?

CETY's ORC and heat-to-power systems are integrated with Qymera’s innovative well design to enhance efficiency, reduce costs, and simplify deployment of geothermal energy solutions.

What are the projected benefits of the DeepFyre™ system?

The system is expected to reduce drilling costs by up to 30% and shorten project timelines, making geothermal energy more accessible and reliable.

What is the current state of the global geothermal market?

The geothermal market is projected to grow from $8.75 billion in 2024 to over $12 billion by 2033, reflecting significant untapped potential, especially in regions like the Caribbean.

Where are the initial pilot projects expected to take place?

The initial pilot projects will be in the Caribbean and Central America, with plans to expand into Southeast Asia and Africa.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Lifeway Foods Set to Announce Q3 2026 Financial Results

Updated Category News Views 55

Anticipating Lifeway Foods’ Q3 Results Dust off your calendars and mark November 12, 2026—because that's when Lifeway Foods is putting its cards on the table for the third quarter. Nothing like a results call to see if your investments are eating right. NASDAQ:LWAY is no stranger to making some noise in the dairy aisle, thanks to their kefir—that fermented probiotic...

Continue Reading
LifeStance Expands Access to Esketamine, TMS

Updated Category News Views 53

LifeStance Health's Treatment Innovations Today, the spotlight is on LifeStance Health, as they're making waves with their treatment approaches for those battling stubborn, treatment-resistant depression. This isn't your run-of-the-mill attempt at tackling the beast—that familiar indifference masked as hope. No, this time around, they’re swinging with Esketamine and...

Continue Reading
CopperWood Senior Living Revives Historic Campus

Updated Category News Views 55

A Fresh Start for Peapack-Gladstone's Corporate Relic Dust off the pages of history—Peapack-Gladstone's old Pfizer/Beneficial Finance campus is getting a makeover, and boy, it’s not your run-of-the-mill renovation. We're talking adaptive reuse to the tune of nearly $200 million, morphing this architectural gem into CopperWood Senior Living. With all the office...

Continue Reading
Nicely Network: A Game-Changer for B2B SaaS Marketing

Updated Category News Views 173

Navigating the Reddit Marketing Labyrinth Life ain't a walk in the park for marketers these days, especially in the tech and SaaS arenas. Some folks seem to have cracked the code—or at least one part of it. Enter Nicely Network, which has just snagged the crown as the Best Reddit Marketing Agency for B2B SaaS & Software Companies, thanks to its knack for connecting...

Continue Reading
AI Literacy Framework Unfolds at AAC&U Conference

Updated Category News Views 30

Diverse Institutions Converge on AI Literacy A university conference isn't exactly where you'd expect seismic shifts, but this one's a bit of a dark horse. When big names like University of Phoenix, Boise State, Johns Hopkins, and the Medical University of South Carolina start syncing up their AI strategies, it feels like the sector's quietly brewing something big. At the...

Continue Reading
Hanwha's Big Bet: Tokenizing Real-World Assets with Chainlink

Updated Category News Views 15

Hanwha and Chainlink: A Game Changer in Tokenization What do Hanwha Investment & Securities, a heavyweight in Korea's finance scene, and Chainlink, the wizard of onchain finance, think they're up to? They're buddies now, locked and loaded, to tokenize real-world assets (RWAs). They're not just shaking hands; they're aiming to jiggle the global finance bedrock....

Continue Reading
Ruizhi Unveils Trio of High-Tech Paper Bag Machines

Updated Category News Views 21

Cutting-Edge Unveiling at All in Print China 2026 In the bustling expo halls of the Shanghai New International Expo Centre, Ruizhi Machinery rolled out the red carpet for its latest inventions, stealing the limelight at the All in Print China 2026. Now, these were not your run-of-the-mill paper bag makers; we're talking about a set of machines that could redefine the gig...

Continue Reading
Xerox Faces Probes After $130M Profit Forecast Slash

Updated Category News Views 45

When the Trust Breaks October 29, 2026 was a gut punch for Xerox investors. Watching the outlook dive by $130 million, the coffee-feeling in the trading rooms turned into something more bitter. A $105 million boost they once celebrated from tariff receivables now seems to be a fleeting shadow, as Xerox itself scuttles its adjusted operating income for 2026 to a range of...

Continue Reading
Tiny Fish Revolutionizes Vertebrate Gene Studies

Updated Category News Views 41

From Small Fish to Big Discoveries: Meet Danionella cerebrum Who would've thought a diminutive fish with a see-through body would give a jolt to the study of vertebrate genomes? Thanks to Danionella cerebrum, researchers at the Whitehead Institute have created the very first complete whole-body single-cell atlas of an adult vertebrate. Forget the Wall Street clamor for a...

Continue Reading
Instacart's Strong Q3 Amid DoorDash Acquisition News

Updated Category News Views 85

Bumper Profits and Bold Moves for Instacart Here's a twist in the grocery tech aisle—Instacart's got some hefty numbers rolling in for Q3 and a whopper of an acquisition announcement. What seemed like just another Tuesday in the market is shaken by Instacart's reveal of their third-quarter financial results, showcasing a significant year-over-year climb that would make...

Continue Reading

Top 5 Most Recently Viewed Articles

ASUR 4Q25 Earnings: Traffic Boost in Colombia, Mixed Signals

Updated Category News Views 165

Passenger Trends: A Bit of a Mixed Bag Traffic numbers can sometimes tell the real story, and for ASUR, it’s like reading a novel with plot twists. Colombia’s passenger traffic jumped 5.7%, fueled by robust international and domestic movements. Meanwhile, back in Puerto Rico? Things were not as rosy with a 3.1% drop due to lackluster domestic traffic. Mexico showed a...

Continue Reading
CVS Health's Unexpected Earnings Miss Sparks Analyst Optimism

Updated Category News Views 169

CVS Health Faces Challenges While Analysts Stay Positive Shares of CVS Health Corp (NYSE: CVS) have recently experienced a decline following the company’s preannouncement of a substantial earnings miss for the third quarter. This news comes during an exciting earnings season, generating considerable discussion among analysts and investors alike. Analyst Insights on CVS...

Continue Reading
Intercontinental Exchange Inc: Current Market Dynamics and Insights

Updated Category News Views 128

Understanding Intercontinental Exchange Inc's Market Position Intercontinental Exchange Inc (NYSE: ICE) has recently experienced a notable increase in short interest, which has risen by 8.59% since the last report. Currently, there are approximately 7.83 million shares that have been sold short, representing 1.39% of the total shares available for trading. Based on recent...

Continue Reading
Jason Passwaters: A Visionary Leader in Cybersecurity Innovation

Updated Category News Views 465

Jason Passwaters Receives Honorable Recognition Jason Passwaters, the dynamic CEO of Intel 471, has recently been celebrated for his significant contributions to the business world. His inclusion in the renowned Dallas 500 list acknowledges him as a pivotal figure among influential business leaders in the area. Passwaters’ Journey to Success With a strong foundation in...

Continue Reading
Investigation Launched into Greenwich LifeSciences, Inc.

Updated Category News Views 196

Investigation into Corporate Actions of Greenwich LifeSciences Greenwich LifeSciences, Inc. (NASDAQ: GLSI) finds itself under scrutiny as Purcell & Lefkowitz LLP initiates an investigation concerning potential breaches of fiduciary duties by the company’s directors. This investigation aims to address recent corporate actions that may not have aligned with the best...

Continue Reading