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CETY Enters Agreement to Purchase Portion of Convertible Bond of Hong Kong Listed Company, with Goal to Expand Renewable Energy, Energy Storage, and Datacenter Capabilities
Globenewswire· 2026-01-20 14:00
Core Insights - Clean Energy Technologies, Inc. (CETY) has entered into a purchase agreement to acquire a portion of a convertible bond from China Ruifeng Renewable Energy Holdings Limited (527) for approximately $1.5 million, which includes cash and common stock [1][2]. Company Overview - CETY is a clean energy technology company focused on scalable solutions in power generation, storage, waste-to-energy, and heat-to-power [1]. - The company is headquartered in Irvine, California, and aims to lead the zero-emission revolution by providing eco-friendly energy solutions and alternative electric power for small and mid-sized projects across North America, Europe, and Asia [4]. Strategic Implications - The investment in 527 is viewed as a strategic move that may provide insights into developments in the energy storage and data center sectors, potentially leading to future collaboration opportunities [3]. - This investment represents a passive approach, allowing CETY to gain strategic exposure without the risks associated with operational control or asset ownership [3]. Industry Context - China Ruifeng Renewable Energy Holdings Limited has nearly two decades of experience in the renewable energy sector, with operations in renewable power generation, energy storage, and data center infrastructure [2]. - 527's wind power assets are reported to reduce carbon emissions by over 700,000 tons annually, highlighting the company's commitment to sustainability [6]. - The operational 300MW/1.2GWh independent energy storage power station serves as critical infrastructure for regional grid regulation and efficient renewable energy consumption [6].
Clean Energy Technologies Affiliate Vermont Renewable Gas Advances Regulatory Review
Globenewswire· 2025-12-29 14:15
Core Viewpoint - Clean Energy Technologies, Inc. (CETY) is advancing its renewable energy initiatives through its affiliate Vermont Renewable Gas, LLC (VRG), which has submitted discovery responses for a proposed 2.2 MW renewable electric generation facility in Vermont [1][3]. Group 1: Project Development - The submission of discovery responses is a routine step in Vermont's regulatory framework, indicating ongoing collaboration with state agencies such as the Vermont Public Utility Commission and the Agency of Natural Resources [2]. - The Certificate of Public Good (CPG) process aims to ensure that renewable energy projects align with public interest objectives, including environmental stewardship and public health [3]. - VRG is progressing towards subsequent development milestones, including the Notice to Proceed (NTP) after obtaining necessary approvals [3]. Group 2: Company Overview - Clean Energy Technologies, Inc. is focused on providing scalable clean energy solutions, including power generation, storage, waste-to-energy, and heat-to-power technologies [1][5]. - The company is positioned as a leader in the zero-emission revolution, offering eco-friendly energy solutions across North America, Europe, and Asia [5]. - CETY's principal products include Waste Heat Recovery Solutions and Waste to Energy Solutions, which convert waste products into electricity and BioChar [5].
Clean Energy Technologies, Inc. Advances Vermont Renewable Gas Project to Deliver Clean Power from Agricultural
Globenewswire· 2025-10-16 13:15
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]