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]