CETY Secures LOI for Multiple Battery Energy Storage Projects in New York

Core Insights - Clean Energy Technologies, Inc. (CETY) has signed a Letter of Intent (LOI) with Lease Advisory Group (LAG) to act as the Engineering, Procurement, and Construction (EPC) contractor for multiple Battery Energy Storage System (BESS) projects in New York [1][3] - Each project site is expected to integrate 5MW / 20MWh of energy storage, alongside rooftop solar and electric vehicle charging loads, marking a significant milestone for CETY's clean energy infrastructure business [2][3] - The systems will generate revenue through New York State's Value of Distributed Energy Resources (VDER) program and ancillary grid services, contributing to the reliability, resilience, and decarbonization of the state's power grid [3] Company Overview - CETY is headquartered in Irvine, California, and 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] - The company's principal products include Waste Heat Recovery Solutions and Waste to Energy Solutions, which convert waste products into electricity and BioChar [4] - CETY also offers Engineering, Consulting, and Project Management Solutions, leveraging expertise in developing clean energy projects for municipal and industrial customers [4]