IRVINE, CA., Dec. 29, 2025 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq: CETY) (“CETY” or the “Company”), a clean energy technology company delivering scalable solutions in power generation, storage, waste-to-energy, and heat-to-power, today announced that Vermont Renewable Gas, LLC (“VRG”), a CETY affiliate, has submitted its first round of discovery responses in the Vermont Public Utility Commission’s Certificate of Public Good (CPG) review process for its proposed 2.2 MW renewable electric ...

Core Insights - Clean Energy Technologies, Inc. (CETY) has launched a High Temperature Ablative Pyrolysis (HTAP) platform aimed at enhancing the efficiency of anaerobic digestion (AD) and renewable natural gas (RNG) production [1][2][5] - The HTAP technology converts hard-to-digest biomass and AD digestate into clean syngas, which can be upgraded to pipeline-quality RNG, addressing biogas-output limitations faced by many AD plants [2][5] - The platform also provides a solution for digestate management, converting it into syngas and biochar, which can be utilized for agricultural or industrial applications [4][5] Technology and Economic Impact - A single HTAP unit can produce 1,500 Nm³/hour of syngas, supporting approximately 13 MMBtu/hour of additional RNG, positioning it between medium- and large-scale AD facilities in terms of output [3] - The combined HTAP AD platform could generate over $3 million annually in incremental RNG value from a single commercial installation, depending on various factors such as feedstock and regional markets [5] Company Overview - CETY is headquartered in Irvine, California, and focuses on providing eco-friendly energy solutions, including waste heat recovery and waste-to-energy technologies [6] - The company aims to lead the zero-emission revolution by offering clean energy fuels and alternative electric power for small and mid-sized projects across North America, Europe, and Asia [6]

Group 1: Clean Energy Sector - Clean Energy Technologies, Inc. (CETY) has seen a price increase of 146.73%, reaching $2.64, driven by its innovative approach in energy efficiency and renewable solutions [1][7] - CETY's acquisition of a $10 million Battery Energy Storage System (BESS) project in New York State marks a significant milestone and the largest storage initiative undertaken by the company [1][7] - The trading volume for CETY reached 260,282,741, indicating strong investor interest [1] Group 2: Mergers and Acquisitions - Flag Ship Acquisition Corporation (FSHPR) experienced a price increase of 58.20% to $0.19, reflecting growing investor appetite for companies with strategic acquisition plans [2][7] - DT Cloud Star Acquisition Corporation (DTSQR) saw its price rise by 44.53% to $0.21, driven by interest in companies seeking to expand through strategic business combinations in the technology sector [4][7] - Calisa Acquisition Corp Right (ALISR) experienced a 38% increase in price to $0.24, indicating interest in alternative investment vehicles and potential returns from successful business combinations [5][7] Group 3: Biotechnology Sector - Revolution Medicines, Inc. Warrant (RVMDW) saw a price increase of 57.28% to $1.005, focusing on developing targeted therapies for RAS-addicted cancers [3][7] - The biotechnology sector continues to attract attention for its potential to offer groundbreaking treatments, as evidenced by RVMDW's trading volume of 26,884 [3]

Core Insights - Clean Energy Technologies, Inc. (CETY) has secured a $10 million Battery Energy Storage System (BESS) project in New York, marking its largest storage project to date and the first of several planned deployments in the state [1][3]. Project Details - The New York project involves a 5MW / 20MWh standalone energy storage system aimed at enhancing grid reliability, peak-shaving, and participation in New York's Value of Distributed Energy Resources (VDER) program [2]. - There is potential to expand the energy storage capacity to a maximum of 20MW/80MWh, depending on grid interconnection availability [2]. Company Strategy and Financial Position - CETY will act as the Engineering, Procurement, and Construction (EPC) contractor for the project, which is seen as a significant milestone for its energy storage business [3]. - The company is entering the new year with over $20 million in contracted project backlog, indicating strong demand for its EPC, waste-to-energy, and heat-to-power systems [3][4]. - CETY aims to execute larger, higher-margin projects to achieve free-cash-flow positivity and improve access to inexpensive capital, positioning itself for strategic mergers and acquisitions [4]. Multi-Technology Strategy - The project aligns with CETY's multi-technology strategy, which includes waste-to-energy, heat-to-power, and power generation initiatives [5]. - By expanding into large-scale storage infrastructure, CETY is strategically positioning itself at the intersection of grid modernization, electrification, and distributed energy resources [5].

Revenue Performance - For the nine months ended September 30, 2025, total revenue was $1,801,769, a decrease from $1,944,333 for the same period in 2024, primarily due to minimal contributions from the Vermont Renewable Gas project [307]. - Revenue from the Heat Recovery Solutions (HRS) segment was $805,975 for the nine months ended September 30, 2025, compared to $158,829 for the same period in 2024, reflecting higher product sales [317]. - Revenue from the CETY Renewables segment was $409,699 for the nine months ended September 30, 2025, down from $590,985 for the same period in 2024, expected to stabilize until construction activities commence [319]. - Revenue from the natural gas business was $586,095 for the nine months ended September 30, 2025, a decrease from $1,185,178 for the same period in 2024, due to macroeconomic factors and a strategic focus shift [321]. - CETY anticipates stronger revenue contributions from its Waste-to-Energy, Heat Recovery, and EPC segments in the latter half of the year, expected to deliver higher gross margins [311]. Profitability and Loss - Gross profit for the nine months ended September 30, 2025, was $1,135,315, an increase from $641,575 for the same period in 2024, driven by higher-margin refurbished systems sales [308]. - The net loss for the nine months ended September 30, 2025, was $3,522,342, slightly improved from a net loss of $3,550,669 for the same period in 2024 [310]. - The net loss for the nine months ended September 30, 2025, was $3,522,342, a slight improvement from a net loss of $3,550,669 in 2024 [335]. Operating Expenses - Operating expenses for the nine months ended September 30, 2025, were $3,301,052, compared to $3,193,447 for the same period in 2024, with increases attributed to consulting costs related to a potential acquisition [309]. - Selling, General and Administrative (SG&A) expenses for the nine months ended September 30, 2025, totaled $3,301,052, an increase of 3.4% from $3,193,447 in 2024 [327]. - Salary expenses decreased by 10.2% to $1,329,800 for the nine months ended September 30, 2025, compared to $1,481,316 in 2024 [328]. - Professional fees rose significantly to $1,073,709 for the nine months ended September 30, 2025, compared to $484,990 in 2024, primarily due to consulting costs related to a potential acquisition [330]. - Interest and finance fees increased to $2,399,193 for the nine months ended September 30, 2025, from $902,002 in 2024, attributed to larger interim financings [334]. Cash Flow and Financial Position - Net cash used in operating activities was $(6,218,085) for the nine months ended September 30, 2025, compared to $(2,788,608) in 2024, indicating increased cash outflow [337]. - The company recorded derivative liabilities of $924,588 for the nine months ended September 30, 2025, compared to $0 in 2024, due to new convertible instruments [333]. - As of September 30, 2025, the company had outstanding customer deposits of $197,220, up from $30,061 in 2024, reflecting increased customer commitments [365]. - The company expects to recognize $33,000 of deferred revenue in the fourth quarter of 2025, consistent with contract terms [364]. Strategic Initiatives - The company has an estimated backlog of $10 million associated with the Vermont Renewable Gas project, currently under review for a Certificate of Public Good [307]. - CETY's four-segment strategy is believed to create operational synergies and cross-selling opportunities, contributing to growth in non-China operations [314]. - The company plans to continue funding operations through equity sales, which may result in dilution for existing shareholders [379]. Accounting and Compliance - The company is engaged in the Engineering, Procurement, and Construction (EPC) of biomass power facilities, recognizing revenue according to ASC 606 standards [352]. - There are no significant off-balance sheet arrangements that could materially affect the company's financial condition or results of operations [380]. - The company believes that the impact of recently issued accounting standards will not materially affect its consolidated financial position or results of operations upon adoption [381]. Investment and Consolidation - JHJ made an investment of RMB 3.91 million ($0.55 million) into Shuya during the year ended December 31, 2022, with Shuya reporting a net loss of approximately $10,750, of which about $5,000 was allocated to JHJ [369]. - Effective January 1, 2023, JHJ, SSET, and Xiangyueheng entered a Consistent Action Agreement to consolidate their voting rights in Shuya, allowing JHJ to consolidate Shuya as a variable interest entity (VIE) [370][371]. - The acquisition of Shuya was accounted for using the acquisition method, with the fair value of non-controlling interests recorded at $650,951 and the fair value of previously held equity investment at $556,096, totaling $1,207,047 [375]. - The total identifiable net assets recognized at the acquisition date were valued at $1,207,047, with no goodwill recognized [375]. - On January 1, 2024, the Termination Agreement was executed, resulting in JHJ holding less than 50% of the voting rights in Shuya, leading to the decision not to consolidate Shuya in future financial statements [377].

Core Insights - Clean Energy Technologies, Inc. (CETY) has partnered with METIS Power Inc. to launch a mobile, modular power and mining solution aimed at enhancing control for cryptocurrency operators over their power sourcing [1][3] - The new system integrates mobile cryptomining with mobile power generation, allowing miners to operate independently of the local electrical grid [1][2] Company Overview - Clean Energy Technologies, Inc. is focused on providing eco-friendly energy solutions and is a leader in the zero-emission revolution, offering products like Waste Heat Recovery Solutions and Waste to Energy Solutions [6] - METIS Power Inc. specializes in sustainable energy systems and aims to meet growing energy demands while promoting environmentally responsible practices [8] Product Features - The cryptomining units are trailer-based and come equipped with racking, cooling, power distribution, and remote monitoring, enabling quick deployment at various power sources [2] - The MPM-series mining unit can support approximately 160 ASIC miners and features a closed-loop liquid cooling system for optimal performance [3] Economic Impact - The partnership aims to address the challenges of power price stability and supply reliability for miners, potentially reducing delivered power costs to below $0.03 per kWh depending on various factors [4] - By positioning mining operations directly at power sources, the solution allows for flexibility in operations and the ability to adapt to market conditions and regulatory changes [4] Market Strategy - Initial deployments of the mobile system will focus on North America, with plans for expansion into regions with accessible behind-the-meter or off-grid power resources [5]

Core Insights - Clean Energy Technologies, Inc. (CETY) aims to develop energy-efficient solutions specifically for AI data centers and cryptocurrency miners [1] - The U.S. data centers consumed 183 terawatt-hours (TWh) of electricity in 2024, with projections to double by 2030; global data centers are expected to consume 460 TWh in 2024, increasing to over 1,000 TWh by 2030 [2] - Renewable energy is the fastest-growing source for data centers, anticipated to grow at an annual average rate of 22% from 2024 to 2030, fulfilling nearly 50% of the growth in electricity demand for data centers [2] Company Overview - CETY is evaluating a range of energy-efficient solutions to reduce operating costs for data centers, including AI-driven energy management systems, battery storage, and cooling technologies [3] - The company leverages its expertise in waste heat recovery and waste-to-energy technologies to capture opportunities in the growing market for energy-efficient solutions [3] - CETY is recognized as a leader in the zero-emission revolution, providing eco-friendly energy solutions and clean energy fuels for small and mid-sized projects across North America, Europe, and Asia [4]

Core Insights - Clean Energy Technologies, Inc. (CETY) has announced a strategic collaboration with Qymera Global Energy Ltd. (QGE) to advance the DeepFyre geothermal power system, aimed at providing scalable, cost-efficient, zero-emission baseload power for island nations and emerging markets [1][2] Company Overview - CETY is a leader in clean energy and waste-heat recovery solutions, focusing on eco-friendly energy solutions and alternative electric power for small and mid-sized projects across North America, Europe, and Asia [5] - The company specializes in Waste Heat Recovery Solutions and Waste to Energy Solutions, utilizing patented technologies to generate electricity with zero emissions [5] Collaboration Details - The partnership integrates CETY's heat-to-power and Organic Rankine Cycle (ORC) systems with Qymera's DeepFyre geothermal platform, which features advanced resin-based casings to enhance heat transfer and reduce drilling complexity [2][3] - The collaboration aims to deploy modular geothermal units ranging from 5 MW to 50 MW, significantly reducing capital costs and accelerating the time to power [2][3] Market Potential - The global geothermal market is valued at approximately $8.75 billion in 2024 and is projected to grow to over $12 billion by 2033, with a compound annual growth rate (CAGR) of 4.2% [3] - Despite this growth, geothermal energy currently accounts for less than 0.5% of global electricity generation, indicating significant untapped potential [3] Targeted Projects - The CETY-Qymera collaboration will initially focus on pilot projects in the Caribbean and Central America, with plans for larger installations in Southeast Asia and Africa [4] - Each deployment is expected to reduce drilling costs by up to 30% and shorten project development time by nearly half, providing reliable renewable energy for both traditional grids and digital-energy infrastructures [4]

Core Points - Clean Energy Technologies, Inc. (CETY) has regained full compliance with Nasdaq's minimum bid price requirement, maintaining a closing bid price of $1.00 or higher for ten consecutive trading days from October 6 to October 17, 2025 [1][2] - The CEO of CETY, Kam Mahdi, emphasized that regaining compliance reflects the company's operational progress and financial discipline, positioning it to accelerate execution across its high-growth pipeline [3][4] Company Overview - CETY is a clean energy technology company focused on scalable solutions in waste-to-energy, power generation, storage, and heat-to-power [1] - The company offers eco-friendly green energy solutions and clean energy fuels for small and mid-sized projects across North America, Europe, and Asia [4] - CETY's principal products include Waste Heat Recovery Solutions and Waste to Energy Solutions, which convert waste products into electricity and BioChar [4]

Core Points - Clean Energy Technologies, Inc. (CETY) announced the advancement of the Vermont Renewable Gas – Lyndon (VRG-Lyndon) facility into the scheduling and public hearing stages of its Certificate of Public Good (CPG) permitting process [1][2] - The VRG-Lyndon facility is a 2.2 MW agricultural waste-to-energy project aimed at delivering sustainable clean power solutions and represents a significant milestone for CETY [2][3] - The project will utilize advanced pyrolysis and gasification technologies to convert agricultural waste into renewable synthetic gas, generating approximately 2.2 MW of renewable baseload power and supporting Vermont's energy transition goals [3] Company Overview - Clean Energy Technologies, Inc. is headquartered in Irvine, California, and focuses on zero-emission energy solutions, including waste-to-energy and waste heat recovery technologies [4] - The company offers eco-friendly green energy solutions and has a presence in North America, Europe, and Asia, targeting small and mid-sized projects [4] - CETY's principal products include Waste Heat Recovery Solutions and Waste to Energy Solutions, which convert waste products into electricity and BioChar [4]