Le Lézard
Classified in: Oil industry, Environment, Science and technology
Subject: ENP

EU Environmental Regulation Creates a New Sale and Opportunities for US Based Clean Energy Technologies, Inc.

COSTA MESA, Calif., May 26, 2021 /PRNewswire/ -- Clean Energy Technologies, Inc. (OTCQB: CETY), announced today that it has secured a new Clean Cycle ORC Waste Heat Generator order as a result of an environmentally friendly European directive aimed to foster development of new renewable energy projects. An EU based wood processing company will use CETY's Clean Cycle as a small electrical generation plant using waste heat to produce electricity for its own use and to sell to local businesses.

The three-year-old directive incentivizes local European business to re-capture waste, generate electricity and resell it to local business and residences creating a new income stream for businesses while benefiting the environment. American renewable energy manufacturer Clean Energy Technologies currently offers a suite of clean energy solutions geared perfectly for these opportunities, with a growing hold on European market share.  CETY secured a new sale for its ORC Clean Cycle generator from a wood panel manufacturer that creates huge mounds of waste wood as by product of its production process. The wood is burned in a Biomass boiler to produce superheated water for heat and hot water. With the addition of CETY's Clean Cycle generator, it will also create approximately 800MWh/year of electricity which will be used to create electricity for the facility and sold to the neighbouring business on the power grid.  Now the recycled material is helping the manufacturer reduce electrical costs and creating a new revenue stream.

Kam Mahdi, Chief Executive Officer of Clean Energy Technologies said, "It took a few years for the EU and CETY to see the benefits of the EU's Renewable Energy directive which was renewed and improved in 2018.  It is another clear example that renewable energy legislation is beneficial to business and to the environment. The directive offers businesses incentives to implement waste heat generators and other forms of energy recovery solutions, and CETY has a turnkey solution. Its ORC Clean Cycle generator provides businesses with energy savings and new revenues. The price and quality of our ORC Clean Cycle II generator makes sense to our customers because the cost savings and revenues far outweigh the investment in our renewable energy electrical generators. We expect more businesses in the EU to take advantage of the Renewable Energy Directive and we plan to further capitalize on these new opportunities. We are excited for the future as we push forward and build more market share in Europe."

About Clean Energy Technologies, Inc. (CETY)
Headquartered in Costa Mesa, California, Clean Energy Technologies (CETY) a low carbon energy company delivers power from heat and biomass with zero emission and low cost. CETY designs, produces, and markets clean energy products & solutions focused on energy efficiency and renewable energy. The Company's principal product is the Clean Cycletm magnetic bearing heat recovery generator, offered by CETY's subsidiary Clean Energy HRS, or Heat Recovery Solutions.

The Clean Cycletm 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 biomass, industrial processes, or energy production, to boost their overall energy efficiency with no additional fuel, no pollutants, and little ongoing maintenance. 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 news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.


Clean Energy Technologies, Inc.
Kam Mahdi, CEO
949-273-4990 x814
[email protected]

Clean Energy Technologies, Inc.
2990 Redhill Avenue
Costa Mesa, CA 92626
949.273.4990 main
949.273.4990 fax


SOURCE Clean Energy Technologies, Inc.

These press releases may also interest you

at 10:35
For the second consecutive year, DirectEmployers Association has been awarded a Top Workplaces 2022 honor by The Indianapolis Star. The recipients of the Top Workplaces award are based solely on employee feedback gathered through a third-party survey...

at 10:35
Leading location data company Arrivalist predicts 37.9 million Americans will travel by automobile over Memorial Day weekend this year. This volume is tracking slightly above 2019 and 2021 Memorial Day traffic levels. Overall, 2022 U.S. road travel...

at 10:30
The "Introduction to the In-Vitro Diagnostic Regulation (IVDR) Training Course" conference has been added to ResearchAndMarkets.com's offering. The In-Vitro Diagnostic Regulation (EU) 2017/746, which came into force in May 2017 with a transition...

at 10:30
MESTEC, a Bracknell, UK based manufacturing Software as a Service (SaaS) vendor has been acquired by Eyelit, a leader in Manufacturing Execution (MES), Quality Management (QMS), and Factory Automation solutions. The partnership of the two...

at 10:30
Najah Sampson has been named President of Pfizer Canada ULC, effective May 16, 2022. Ms. Sampson will be succeeding Cole Pinnow, who...

at 10:30
According to Brandessence market research, the High-Performance Polymers Market size is Expected to grow at 8.1% CAGR during 2022-2028, Rising demand of electric vehicles, growing healthcare industry and increasing demand from consumer electronics...

News published on 26 may 2021 at 09:00 and distributed by: