Clean Energy Technologies Signs with Corycos Group to Market and Sell Products in Turkey, Closes First Sale

Costa Mesa, California, (December 4, 2018) Clean Energy Technologies, Inc. (OTC:CETY), a rapidly growing designer and producer of energy efficient & environmentally sustainable products with its patented magnetic turbine heat recovery generator, announced today that it has entered into an agreement (through its wholly owned subsidiary, Clean Energy HRS, LLC) with Corycos Group an international Solar, Oil and Gas Energy company headquartered in Turkey to promote and sell its products in that country.

The agreement calls for Corycos to implement a business development plan to market and solicit orders for CETY products. Corycos has included CETY’s Clean Cycle II Organic Rankine Cycle (ORC) heat recovery generator in its product offerings to its clients in the Biogas industry as an important factor in improving efficiencies in new and existing facilities.  

This three-year agreement may become exclusive and may be extended beyond the term based upon performance. This agreement and Corycos’ impressive reputation support CETY’s stated goals in both volume of sales and geographic expansion, as well as providing further evidence that this technology is an important element to improve the efficiencies of, and produce added revenue from, existing facilities that produce waste heat, which is common among Corycos clients. This agreement has already resulted in the first six-figure sale.

Kam Mahdi, Chief Executive Officer of CETY said, “The entire team at CETY is enthusiastic about this expansion, not only into a new territory such as Turkey, but also into the Biogas industry where we believe the synergies cannot be ignored. We know our counterparts at Corycos feel the same. Through this agreement with Corycos, CETY will provide a low maintenance, highly efficient ORC system utilizing our patented magnetic turbine generator that is easy to deploy and simple to maintain.  We believe that this agreement will be very beneficial for the immediate, and long-term growth of our company.”

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Ahmet Yigit Kazanc and Hakan Dogan, Co-Founders of Corycos Group added: “Waste to Energy represents the future of human civilization. It is not just an advancement in energy technology, it is a change of mindset and the future way of doing business. Strict energy efficiency criteria and forward thinking, innovative and practical energy policies of the Republic of Turkey sets an example to rest of the world in terms of reducing GHG emissions and transforming heavy industry into state of the art modern, facilities. Currently, many landfill biogas-fueled power plants biomass-powered industrial facilities exist in the Republic of Turkey. As a nation bridging the East and the West, CETY’s Turkish installations will serve as showcases to the rest of the world. Benefits of environmentally friendly small, scalable waste to energy solutions are undeniable and the exponential growth of that industry is impossible to ignore. Corycos is pleased to work with Clean Energy Technologies and introduce their product line into our extensive client base. CETY’s technology is a perfect fit for our business and we are excited about where this agreement will lead.”

The Biogas markets represent one of most sizable industries and gaining exposure to this industry is no small feat and could take CETY to an entirely new level. Global Market Insights reports the waste to energy market size was $20.86 Billion in 2015 of which thermal based waste to energy technology occupied a significant percentage of the market, which may surpass $29 billion by 2023.

About Clean Energy Technologies, Inc. (CETY)

Clean Energy Technologies, Inc. designs, builds, and markets clean energy products focused on energy efficiency and environmental sustainability technologies.  The Company’s principal product is the Clean Cycle II ORC heat recovery generator, offered by CETY’s subsidiary Heat Recovery Solutions, (www.heatrecoverysolutions.com).   Our Clean Cycle II™ ORC heat recovery generator uses our patented magnetic bearing turbine technology to capture wasted heat from industrial manufacturing, waste processing and power generation facilities and converts it into electricity that can be used or sold back to the grid.  CETY’s Clean Cycle II ORC heat recovery generator is distinguished from its competitors by its magnetic bearing turbine technology offering lower maintenance and higher efficiency. CETY has more than 1,000,000 fleet operating hours and 8 years of history in the field.

CETY’s technology allows municipal, commercial, and industrial generating wasted heat from industrial processes or energy production, to improve their energy efficiency without burning additional costly fuel, or polluting the environment, and, at the same time, reducing their maintenance costs for heat recovery.  CETY’s engineering and manufacturing resources support the Heat Recovery Solutions business, as well as CETY’s other technologies.  Headquartered in Costa Mesa, California, CETY’s common stock is currently traded on the OTC Market under the symbol CETY.  For more information, visit www.cetyinc.com or www.heatrecoverysolutions.com.

About Corycos Group 

Corycos Group (www.corycos.com) designs, builds, and operates renewable energy facilities across multiple countries for its own investment and on behalf of Industrial, Government and Utility clients. Corycos Group developed and built over 33MWs of utility scale and industrial solar farms in Turkey, Greece, Canada and United States. Separately, Corycos currently operates 19MWs of utility scale solar farms in Turkey, where visionary and forward-thinking energy policies of the Turkish Government leapfrogged the renewables industry in the past five years.

 

In addition to renewable energy, Corycos Group is active in the upstream oil and gas industry in California. Corycos Group acquires and transforms unproductive, mismanaged, and aging oilfields into revitalized hydrocarbon resources, bringing oil fields online in record times.

Corycos team has dealt with oil and gas properties at all stages of development ranging from undeveloped acreage to mature producing fields. Currently, Corycos Group is developing two oil fields in Lost Hills, California with total proven reserves over 19 million barrels of oil as well as two light oil fields in Bakersfield, California with total proven reserves over 8 million barrels of oil.

 

Our financial depth combined with technical know-how allows us to commercialize frontier technologies and innovate business models to make an impact worldwide. www.corycos.com

 

 

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that actual results will not differ from the company's expectations. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect CETY's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in CETY's filings with the Securities and Exchange Commission.

Contacts:

Clean Energy Technologies, Inc.

Kam Mahdi, CEO

949-273-4990 x814

kmahdi@cetyinc.com

 

 

Clean Energy Technologies Partners with Biomass Power Ltd to Cross Promote Products

Costa Mesa, California, (June 11, 2018) Clean Energy Technologies, Inc. (OTC: CETY), a rapidly growing designer and producer of energy efficient products with its patented magnetic turbine heat recovery generator, announced today that it has entered into an agreement to cross promote its products with Biomass Power Limited (BPL), a leading designer, builder and operator of Biomass waste to energy power stations.

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The agreement calls for BPL and Clean Energy Technologies to refer customers and promote and solicit orders for their products. BPL has incorporated CETY’s Clean Cycle II Organic Rankine Cycle (ORC) heat recovery generator into its waste to energy power plants.  

CETY’s management estimates that between one to four Clean Cycle II ORC heat recovery generators will be used in each family of BPL-TEC Stepped Grate Gasification plants built by BPL,  which delivers gross power outputs ranging from 140 – 560 kWe. The Clean Cycle II ORC heat recovery generator will be used to create electricity from hot water that has been produced by thermally processing (via advanced gasification) non-recyclable “end of waste” organics (biomass) and plastic’s.

Kam Mahdi, Chief Executive Officer of CETY said, “We look forward to working with BPL to cross promote our products.  We are honored that BPL, a globally-recognized and market-leader in the design of gasification-based waste to energy power stations, has decided to integrate our Clean Cycle II ORC heat recovery generators into its solutions. Through our partnership with BPL, CETY will provide a low maintenance, highly efficient ORC system utilizing our patented magnetic turbine generator that is easy to deploy and simple to maintain.  We believe that the association will be very beneficial for the long-term growth of our company.”

Ben Talbott, CEO of Biomass Power Ltd, commented about the new relationship, “Having seen the market for environmentally friendly small scalable waste from energy solutions grow exponentially, BPL is pleased to work with Clean Energy Technologies and integrate their product line into our Stepped Grate Gasification solution for waste to energy plants. We expect that our new relationship will enable us to better serve our clients’ needs for electricity by efficiently producing medium temperature hot water from processing one of the worlds increasing problems, waste, as a clean fuel.”

According to a report by Expert Market Research, global biomass power reached a production volume of 440 TWh in 2016 and is further expected to reach 963 TWh by 2022, an increase of approximately 118% in 6 years. Global Market Insights reports the waste to energy market size was $20.86 Billion in 2015 of which thermal based waste to energy technology occupied a significant percentage of the market, which may surpass $29 billion by 2023.

About Clean Energy Technologies, Inc. (CETY)

Clean Energy Technologies, Inc. designs, builds, and markets clean energy products focused on energy efficiency and environmental sustainability technologies.  The Company’s principal product is the Clean Cycle II ORC heat recovery generator, offered by CETY’s subsidiary Heat Recovery Solutions, (www.heatrecoverysolutions.com).   Our Clean Cycle II™ ORC heat recovery generator uses our patented magnetic bearing turbine technology to capture wasted heat from industrial manufacturing, waste processing and power generation facilities and converts it into electricity that can be used or sold back to the grid.  CETY’s Clean Cycle II ORC heat recovery generator is distinguished from its competitors by its magnetic bearing turbine technology offering lower maintenance and higher efficiency. CETY has more than 1,000,000 fleet operating hours and 8 years of history in the field.

CETY’s technology allows municipal, commercial, and industrial generating wasted heat from industrial processes or energy production, to improve their energy efficiency without burning additional costly fuel, or polluting the environment, and, at the same time, reducing  their maintenance costs for heat recovery.  CETY’s engineering and manufacturing resources support the Heat Recovery Solutions business, as well as CETY’s other technologies.  Headquartered in Costa Mesa, California, CETY’s common stock is currently traded on the OTC Market under the symbol CETY.  For more information, visit www.cetyinc.com or www.heatrecoverysolutions.com.

Biomass Power Ltd (BPL)

Biomass Power Ltd has designed a gasification and waste recycling process for the production of clean energy, utilizing the principles of ‘low level buildings’, ‘ultra-low emission to air’ and ‘low noise levels’. Keeping the power and recycling facility compact and using locally produced waste as a resource, for the benefit and good of the community, without the environmental impact.

Through its highly developed process of staged low-NOx Gasification, the power station can generate clean power from a range of refuse derived fuels (segregated waste), agricultural residues and energy crops. Advanced Conversion Technology (ACT) Gasification specializes in processing high ash fuels with a low ash melting point. The process is very efficient, flexible and environmentally friendly.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that actual results will not differ from the company's expectations. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect CETY's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in CETY's filings with the Securities and Exchange Commission.

Contacts:

Clean Energy Technologies, Inc.

Kam Mahdi, CEO

949-273-4990 x814

kmahdi@cetyinc.com

 

Biomass Power Ltd

Ben Talbott, CEO

01785 240 092

enquiries@biomasspower.co.uk

 

ANOTHER BIOMASS PLANT IN NORTH AMERICA SELECTS CETY'S WASTE HEAT GENERATOR

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Costa Mesa, California, (March 20, 2018) Clean Energy Technologies, Inc. (OTC: CETY)
announced today that it has secured an order from a biomass plant in North America. The biomass plant utilizes wasted heat lost to the atmosphere through the exhaust stream to essentially produce free electricity with no additional fuel required.

After studying the facilities electrical, HVAC and plant process systems, it was determined that CETY’s Organic Rankine Cycle Generator Clean Cycle IITM is ideal for capturing heat from the generators to produce substantial amounts of electricity.
The result will be essentially “free” power as all the heat that is currently being rejected to the atmosphere through the exhaust will now be utilized by Clean Cycle IITM generator.

Kam Mahdi, CEO of CETY said, “our customers continually evaluate ways to reduce their overall energy consumption and increase their return on investments. Our Organic Rankine Cycle generators have the ability to utilize Medium-Low temperature heat making them ideal for capturing wasted heat from a generator to drive a turbine to produce electricity resulting in a large reduction in electricity costs. This installation and commissioning of our biomass and CHP application will serve as another operating model to showcase to a large industry that is searching for energy savings solutions such as those that CETY offers. We look forward to introducing our proprietary heat to energy solutions to large numbers of biomass operations, high rise buildings, large reciprocating engines, and operations where large amounts of heat are lost, as these are excellent customers that can benefit substantially from our systems.”

20 to 50% of industrial energy input is lost as waste heat in the form of hot exhaust gases, cooling water, and heat lost from hot equipment surfaces and heated products.

The Department of Energy claims CHP (Combined Heat to Power) heat recovery systems for under 500kW represent 220,000 systems. CETY proprietary heat recovery systems are 140kW and are right in the sweet spot where user’s needs are the highest. CETY is also entering the high rise market with its first installation slated for the 1540 Broadway high rise building in Manhattan.


bout Clean Energy Technologies, Inc. (CETY)

Clean Energy Technologies, Inc. designs, builds, and markets clean energy products focused on energy efficiency and environmental sustainability technologies. The Company’s principal product is the Clean CycleTM heat recovery generator (HRG), offered by CETY’s Clean Energy HRS, or Heat Recovery Solutions, subsidiary, www.heatrecoverysolutions.com. The Clean Cycle™ system captures waste heat from a variety of sources and turns it into electricity that can be used or sold back to the grid. CETY’s proven, reliable technology allows municipal, commercial, and industrial users with heat sources, such as from industrial processes or energy production, to boost their overall energy efficiency with no additional fuel, no pollutants, and little ongoing maintenance. CETY’s engineering and manufacturing resources support the Heat Recovery Solutions business, as well as CETY’s other technologies. Headquartered in Costa Mesa, California, CETY’s common stock is currently traded on the OTC Market under the symbol CETY. For more information, visit www.cetyinc.com or www.heatrecoverysolutions.com.

 

                                                                   * * *

This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified my words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Because such statements include risks, uncertainties and contingencies, many of which are outside our control, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties, and contingencies include, but are not limited to those relating to: changes in general economic and market conditions; future technology performance; market acceptance and adoption of CETY’s products and competitive products; the availability of financing; the acquisition and integration of business assets and operations, technologies, or companies; and other risk factors as outlined in CETY’s periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. 


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CETY SUCCESSFULLY EXECUTING IN SCALABLE BIOMASS AND CHP MARKETS

 HEAT IS MONEY

HEAT IS MONEY

Costa Mesa, California, (December 1, 2017) Clean Energy Technologies, Inc. (OTC: CETY)
announced today that its subsidiary Heat Recovery Solutions (HRS) has secured another new Clean Cycle™ Organic Rankine Cycle (ORC) generator order. A woodworking company in Latvia is building a new biomass application that employs wood fuel to heat boilers to generate heating. The excess heat will be used to power CETY’s HRS Clean Cycle™ generator to create electricity. The conversion process requires no additional fuel, produces no additional emissions, and delivers base-load power that may be used on-site or sold to the grid thereby creating additional returns for the user. This unit will add to the growing number of more than 100 units already installed globally and with more than 1,000,000 hours of fleet operations.

Kam Mahdi, CETY CEO, said, "There is a large global market for ‘excess wasted heat to power’ in fuel-fired reciprocating engines, boilers, biomass operations, CHP, landfills, waste to energy plants, and several other applications where large amounts of heat are lost. We offer a proven, proprietary technology to recover a significant portion of this lost energy as our products increase efficiency, reduce costs, increase revenues and lower the carbon

footprint of existing production facilities and processes. We have successfully initiated sales in our targeted markets and look forward to creating scalability through these verticals.”

CETY has successfully initiated sales this year in the U.S., Europe, and the Pacific Rim. Clean Cycle™ systems have been or are planned to be commissioned at the prominent 1542 high-rise building on Broadway in NY, 3 systems in Nashville, Tennessee at Aries Clean Energy, 2 biomass applications in Europe, and 2 systems to a power plant in the Pacific Rim.

Mr. Mahdi says, “We are excited to see these early sales and we look forward to expanding our efforts with the biomass, fuel and process markets that provide our customers with energy efficient solutions that lower costs, provide clean energy, and create substantial financial returns.”

bout Clean Energy Technologies, Inc. (CETY)

Clean Energy Technologies, Inc. designs, builds, and markets clean energy products focused on energy efficiency and environmental sustainability technologies. The Company’s principal product is the Clean CycleTM heat recovery generator (HRG), offered by CETY’s Clean Energy HRS, or Heat Recovery Solutions, subsidiary, www.heatrecoverysolutions.com. The Clean Cycle™ system captures waste heat from a variety of sources and turns it into electricity t
hat can be used or sold back to the grid. CETY’s proven, reliable technology allows municipal, commercial, and industrial users with heat sources, such as from industrial processes or energy production, to boost their overall energy efficiency with no additional fuel, no pollutants, and little ongoing maintenance. CETY’s engineering and manufacturing resources support the Heat Recovery Solutions business, as well as CETY’s other technologies. Headquartered in Costa Mesa, California, CETY’s common stock is currently traded on the OTC Market under the symbol CETY. For more information, visit www.cetyinc.com or www.heatrecoverysolutions.com.

 

                                                                     * * *

 

This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified my words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Because such statements include risks, uncertainties and contingencies, many of which are outside our control, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties, and contingencies include, but are not limited to those relating to: changes in general economic and market conditions; future technology performance; market acceptance and adoption of CETY’s products and competitive products; the availability of financing; the acquisition and integration of business assets and operations, technologies, or companies; and other risk factors as outlined in CETY’s periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. 


                                                                    ###

1540 BROADWAY ELECTS TO GO GREEN WITH CETY

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Costa Mesa, California, (September 25, 2017) Clean Energy Technologies, Inc.
(OTC: CETY) announced that it has secured an initial $260,000 order for its Clean Cycle II Heat Recovery Solutions (HRS) Organic Rankine Cycle (ORC) Generator with Smart Source Energy for integration with Smart Source Energy’s Combined Heat to Power (CHP) system.

The 1540 building on Broadway has elected to Go Green with a 1560 Kilowatt CHP system from Smart Source Energy. The system is designed to provide continuous power for the building while also reducing the buildings carbon footprint by utilizing the waste heat to heat the building in the cooler months. The building also elected to install state of the art high efficiency condensing boilers to heat the building in conjunction with the CHP. The CHPs waste heat will also be utilized in the warmer months by using it to create an additional 140 KW of capacity using CETY’s state of the art Heat Recovery Solutions ORC Generator. CETY’s HRS Generator creates additional electricity, and is powered by the CHPs waste heat, reducing the emissions profile while efficiently using the energy in the waste heat stream.

Additionally, the building will add a state of the art building monitoring system that incorporates NANTUM Energy Dashboard that uses sensors that measure the buildings occupancy to adjust the operation of the buildings systems to optimal efficiency. the project will have a tremendously positive impact on 1540 Broadway energy profile, and is exemplary of what can be achieved with high rise real estate assets.


CHP cogeneration applications can be implemented in a wide range, from very small to large installations. CHP cogeneration can both provide heat, and serve chillers for cooling applications. Customers can utilize the electrical and thermal energy in various configurations. Some of the examples include office buildings, hospitals, waste water treatment plants, apartment & condominium complexes, and
many more.

“We have been targeting the CHP vertical market as part of our expansion strategy in the domestic markets, and this is just the first in what we expect will be many integrations of our HRS system into CHP applications. CHP remains an underutilized resource in the US today and we are excited to begin applying our unique technology to the CHP market sector. The strategic relationship that we have formed with Smart Source Energy will result in product offerings that will significantly increase industrial efficiency and decrease unnecessary fuel consumption. CHP already has a large presence in the U.S., with approximately 4,300 installations in all 50 states and approximately 130 GW of remaining technical potential for electricity generation. CHP is also recognized for its potential to significantly reduce carbon emissions and to reliably generate power, even during emergency situations,” said Kam Mahdi, CEO of CETY.


About Clean Energy Technologies, Inc. (CETY)

Clean Energy Technologies, Inc. designs, builds, and markets clean energy products focused on energy efficiency and environmental sustainability technologies. The Company’s principal product is the Clean CycleTM heat recovery generator (HRG), offered by CETY’s Clean Energy HRS, or Heat Recovery Solutions, subsidiary, www.heatrecoverysolutions.com. The Clean Cycle™ system captures waste heat from a variety of sources and turns it into electricity that can be used or sold back to the grid. CETY’s proven, reliable technology allows municipal, commercial, and industrial users with heat sources, such as from industrial processes or energy production, to boost their overall energy efficiency with no additional fuel, no pollutants, and little ongoing maintenance. CETY’s engineering and manufacturing resources support the Heat Recovery Solutions business, as well as CETY’s other technologies. Headquartered in Costa Mesa, California, CETY’s common stock is currently traded on the OTC Market under the symbol CETY. For more information, visit www.cetyinc.com or www.heatrecoverysolutions.com.

                                                                                             * * *

This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified my words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Because such statements include risks, uncertainties and contingencies, many of which are outside our control, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties, and contingencies include, but are not limited to those relating to: changes in general economic and market conditions; future technology performance; market acceptance and adoption of CETY’s products and competitive products; the availability of financing; the acquisition and integration of business assets and operations, technologies, or companies; and other risk factors as outlined in CETY’s periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. 
                                                                                            ###

CLEAN ENERGY TECHNOLOGIES (CETY) LAUNCHES PACIFIC RIM INITIATIVE

Costa Mesa, California, (August 15, 2017) Clean Energy Technologies, Inc. (OTC: CETY)

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announced that CETY officially launched its new campaign to deliver its energy solutions to Island Nations utilities at the Pacific Power Association’s Annual Conference held earlier this month in Western Samoa. CETY’s Island Nation campaign is a key part of CETY’s global initiative to help utilities and other target customers meet their energy efficiency and sustainability goals.

The PPA conference is a meeting of the utility leaders of Island Nations with select industry invitees. At the PPA conference, CETY representatives met with Island Nation utility leaders and representatives of their technical teams to discuss the implementation of CETY’s proprietary Clean CycleTM sustainable energy solutions.

From the discussions with utility representatives at the PPA conference, the CETY team identified in excess of 20 installations for its proven Clean Cycle™ II generator, which is based on the proprietary oil-free magnetic levitation turbine technology CETY acquired from General Electric International Inc. CETY’s CEO, Kam Mahdi, said, “We were very pleased and encouraged by the positive responses that our Clean Cycle™ heat recovery solutions technology and products received at the PPA conference. We believe that we successfully communicated to key utility leaders the technical and operating advantages of the Clean Cycle™ technology over traditional oil-lubricated screw expander technologies. We expect our magnetic-bearing Organic Rankine Cycle technology will be able play a key role in assisting both Island Nations utilities and utilities world-wide in achieving their energy sustainability and climate change goals.”

At the PPA conference, CETY also announced that it expects to commission its two Clean Cycle™ heat-to-power generators installed in Majuro, Marshall Islands for the Marshall Electric Company (MEC) to help MEC offset engine fuel use and reduce CO2 emissions.

“CETY’s implementation for MEC also includes CETY’s creative lease financing structure, which we hope will facilitate rapid adoption and implementation of Clean Cycle™ solutions by other utilities world-wide. We believe the ease of entry and long-term payment structure of the financing allows the utility user to align its investment with actual energy and cost savings realized through use of Clean Cycle™ units,” said Kam Mahdi, CEO of CETY.

About Clean Energy Technologies, Inc. (CETY)
Clean Energy Technologies, Inc. designs, builds, and markets clean energy products focused on energy efficiency and environmental sustainability technologies. The Company’s principal product is the Clean CycleTM heat recovery generator (HRG), offered by CETY’s Clean Energy HRS, or Heat Recovery Solutions, subsidiary, www.heatrecoverysolutions.com. The Clean Cycle™ system captures waste heat from a variety of sources and turns it into electricity that can be used or sold back to the grid. CETY’s proven, reliable technology allows municipal, commercial, and industrial users with heat sources, such as from industrial processes or energy production, to boost their overall energy efficiency with no additional fuel, no pollutants, and little ongoing maintenance. CETY’s engineering and manufacturing resources support the Heat Recovery Solutions business, as well as CETY’s other technologies. Headquartered in Costa Mesa, California, CETY’s common stock is currently traded on the OTC Market under the symbol CETY. For more information, visit www.cetyinc.com or www.heatrecoverysolutions.com.
 

Clean Energy Technologies, Inc. Secures New Order for Waste Biomass Application in Europe

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osta Mesa, California, (July 12, 2017) Clean Energy Technologies, Inc. (OTC: CETY) announced today that its subsidiary Heat Recovery Solutions has secured a new Clean Cycle TM generator order for a Waste Biomass application in Europe. The contract was secured in the second quarter of 2017 and its expected to ship immediately.

The estimated value of the global biomass manufacturing market is estimated to be worth 600 billion dollars and is expected to witness significant growth over the next few years. Growing disposable income and the consequent demand for nonconventional sources of energy are expected to drive the demand for the biomass market. Furthermore, the rapid depletion of fossil fuels, global warming and stringent standards by European government to curb GHG emissions from landfills are also favoring the increase in biomass market size.

As a result, we are targeting both domestic and international landfill and waste to energy markets. CETY currently serves 88 biomass applications all over the world.

Various biological and thermal technologies are used to convert municipal solid waste, live feedstock, agriculture waste and industrial waste into different forms of heating fuel. The wasted heat from these sources can be used by CETY’s Heat Recovery Solutions Clean CycleTM Generators to produce additional electricity. The CCIITM generators provide customers with lower emissions, fuel savings, and additional revenue from the wasted heat.

Kam Mahdi, Chief Executive Officer of Clean Energy Technologies, said, "This is an exciting time for our company. We are growing both our domestic and international presence, and are very pleased that our customers are seeing the value of this technology and product which we acquired from General Electric. We are eager to continue proving the superiority of our solution and grow our market share.”

About Clean Energy Technologies, Inc.

Clean Energy Technologies, Inc. designs, builds, and markets clean energy products focused on energy efficiency and environmentally sustainable technologies. The Company’s principal product is the Clean CycleTM generator, offered by CETY’s Clean Energy HRS, or Heat Recovery Solutions, subsidiary, www.heatrecoverysolutions.com. The Clean Cycle™ captures waste heat from a variety of sources and turns it into electricity that can used or sold back to the grid. CETY’s proven, reliable technology allows municipal, commercial, and industrial users with heat sources, such as from industrial processes or energy production, to boost their overall energy efficiency with no additional fuel, no pollutants, and little ongoing maintenance. CETY’s engineering and manufacturing resources support the Heat Recovery Solutions business, as well as CETY’s other technologies. Headquartered in Costa Mesa, California, CETY’s common stock is currently traded on the Pink OTC Market under the symbol CETY. For more information, visit www.cetyinc.com or www.heatrecoverysolutions.com.


This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties, and contingencies include, but are not limited to those relating to: changes in general economic and market conditions; future technology performance; market acceptance and adoption of CETY’s products and competitive products; the acquisition and integration of business assets and operations, technologies, or companies; and other risk factors as outlined in CETY’s periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events.


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Three CETY Clean Cycle™ Systems Commissioned as Part of Aries Clean Energy’s Waste-to-Energy Facility

Three CETY Clean Cycle™ Systems Commissioned as Part of Aries Clean Energy’s Waste-to-Energy Facility
Costa Mesa, California, (May 17, 2017) Clean Energy Technologies, Inc. (OTC: CETY), announced today that three of their Clean Cycle™ heat recovery solution (HRS) systems have been successfully commissioned in Lebanon, TN, as an integral part of a waste-to-energy downdraft gasification plant constructed by Nashville-based Aries Clean Energy. The new plant is the largest system of its kind in the world.

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CETY’s Clean Cycle™ is based upon a highly efficient, patented high-speed turbine that allows the Clean Cycle™ to generate electricity in a closed-loop Organic Rankine Cycle HRS utilizing relatively low temperatures. An Organic Rankine Cycle HRS captures waste heat, which can be from a variety of sources, such as exhaust streams, water, or steam processes, and converts it into reliable electricity without additional fuel or emissions. The additional energy produced by the Clean Cycle™ can be used on site or sold back to the grid.
The waste-to-energy downdraft gasification plant built by Aries Clean Energy just outside Nashville integrates three of CETY Clean Cycle™ HRS systems designed to produce 420 kWs of electricity from heat captured through the gasification of approximately 64 tons of waste daily.
Aries Clean Energy provided design, installation, and construction services for the project, deploying their patented downdraft gasification system. The gasifier cleanly converts waste into a combustible synthetic fuel gas without any burning or incineration steps. The high-temperature process that takes place in Aries’ commercially proven gasifiers is thermo-chemical in nature, using very low levels of oxygen in a sealed, computer-controlled environment.

We're reducing landfill use, creating clean energy and keeping thousands of tons of carbon out of the air each year ... all with a positive cash flow,” said Lebanon Mayor Bernie Ash. “This is a win.”

The new plant, which will utilize scrap tires, commercial wood waste, and biosolids from the adjacent wastewater treatment plant for feedstock, will at its 64-ton per day capacity produce electricity equivalent to powering approximately 350 homes, and allow the city to utilize that power to offset almost half of the total load at the waste treatment facility. The plant is projected to result in 2,500 fewer tons of carbon emissions annually. In addition, it will produce valuable high-carbon content biochar, which can be sold for agricultural or industrial uses.
Commenting on the projected benefits of the plant, CETY CEO Kam Mahdi said, “We expect this facility to be a model for next-generation waste-to-energy partnerships. We at CETY are proud to be a key part of the efficiencies of this integrated system. Worldwide there is a need for effective waste solutions, particularly those that can produce valuable byproducts, such as clean energy. In waste solutions and many other municipal, industrial, commercial settings, there are enormous sources of exhaust heat where CETY’s Clean Cycle™ can be used to generate reliable, clean power. We believe the proven, proprietary technology integrated into the CETY Clean Cycle™ HRS, with over 100 units in operation worldwide and over one million fleet operating hours and the low maintenance profile of the Clean Cycle™, favorably distinguishes the Clean Cycle™ from competing technologies. Using the Clean Cycle™, municipalities, industries, and businesses are able to recover a significant portion of this previously unutilized energy in the form of electricity. CETY’s Clean Cycle™ technology can increase efficiency, reduce costs, and increase revenue, while lowering the carbon footprint, of existing production facilities and processes.”
About Clean Energy Technologies, Inc.
Clean Energy Technologies, Inc. designs, builds, and markets clean energy products focused on energy efficiency and environmentally sustainable technologies. The Company’s principal product is the Clean CycleTM generator, offered by CETY’s Clean Energy HRS, or Heat Recovery Solutions, subsidiary, www.heatrecoverysolutions.com. The Clean Cycle™ captures waste heat from a variety of sources and turns it into electricity that can used or sold back to the grid. CETY’s proven, reliable technology allows municipal, commercial, and industrial users with heat sources, such as from industrial processes or energy production, to boost their overall energy efficiency with no additional fuel, no pollutants, and little ongoing maintenance. CETY’s engineering and manufacturing resources support the Heat Recovery Solutions business, as well as CETY’s other technologies. Headquartered in Costa Mesa, California, CETY’s common stock is currently traded on the Pink OTC Market under the symbol CETY. For more information, visit www.cetyinc.com or www.heatrecoverysolutions.com.
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This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties, and contingencies include, but are not limited to those relating to: changes in general economic and market conditions; future technology performance; market acceptance and adoption of CETY’s products and competitive products; the acquisition and integration of business assets and operations, technologies, or companies; and other risk factors as outlined in CETY’s periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events.
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