CETY Completes Delivery of Heat Recovery Systems to Sagacity
IRVINE, CA., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (NASDAQ:CETY) ("CETY" or the "Company"), a clean energy technology company delivering scalable solutions in power generation, storage, waste-to-energy, and heat-to-power, today announced the successful completion and delivery of its heat recovery systems under the previously announced agreement with Sagacity.
This milestone follows CETY's April 23, 2025 announcement of the strategic agreement with Sagacity, which secured sales of CETY's Clean Cycle 140 kW magnetic bearing Organic Rankine Cycle (ORC) heat recovery solutions and accelerated development of its next-generation 350 kW ORC system and its lower temperature heat recovery generators.
Project Completion & Delivery
CETY has delivered on the scope of the agreement, including Clean Cycle II (CCII) ORC units, key system components, and engineering support. The completion underscores CETY's commitment to on-time delivery and technical excellence while reinforcing its role as a reliable partner in advancing clean energy solutions.
Strengthening Future Collaboration
This successful delivery lays the foundation also for continued development with Sagacity of the advanced 350 kW magnetic bearing ORC system. By demonstrating its ability to execute and deliver complex heat recovery projects, CETY has positioned itself and Sagacity to expand into larger-scale industrial and commercial applications as well as lower temperature applications.
Kam Mahdi, CEO of the Company, commented:
"We are proud to have completed this important delivery with Sagacity. This project demonstrates not only the strength of our ORC technology but also our ability to execute with precision and reliability. With this foundation, we look forward to advancing the 350 kW system and scaling our solutions to serve larger and more energy-intensive industries worldwide. Our mission remains to deliver cost-effective, sustainable clean power solutions that create long-term value for our partners and accelerate the transition to clean energy."
CETY's Role in Sustainable Energy
With the completion of this delivery, CETY further cements its position as a leading developer of innovative ORC technology. The collaboration with Sagacity highlights the company's ongoing commitment to strengthening supply chains, improving affordability, and driving operational efficiency across energy-intensive sectors including Industrail, Biomass, Oil & Gas, Data Centers, and Small-to-Midsize Power Plants.
CETY remains dedicated to expanding its technology platform, enabling industries worldwide to harness waste heat as a renewable resource, reduce emissions, and support global decarbonization efforts.
About Clean Energy Technologies, Inc. (CETY)
Headquartered in Irvine, California, Clean Energy Technologies, Inc. (CETY) is a rising leader in the zero-emission revolution by offering eco-friendly green energy solutions, clean energy fuels and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. We deliver power from heat and biomass with zero emission and low cost. Our principal products are Waste Heat Recovery Solutions using our patented Clean CycleTM generator to create electricity. Waste to Energy Solutions convert waste products created in manufacturing, agriculture, wastewater treatment plants and other industries to electricity and BioChar. Engineering, Consulting and Project Management Solutions provide expertise and experience in developing clean energy projects for municipal and industrial customers and Engineering, Procurement and Construction (EPC) companies.
CETY's common stock is currently traded on the Nasdaq Capital Market under the symbol "CETY." For more information, visit www.cetyinc.com.
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This summary should be read in conjunction with our annual report on Form 10-K for the year ending December 31, 2024, and our other periodic filings made with the Securities and Exchange Commission, which contain, among other matters, risk factors and financial footnotes as well as a discussions of our business, operations and financial matters, which filings can be located on the website of the Securities and Exchange Commission at www.sec.gov.
Safe Harbor Statement
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. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding the future of CETY's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by words such as: "anticipate," "plan," "expect," "estimate," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Any forward-looking statement made by the Company in this press release is based only on information currently available to us and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Clean Energy Technologies, Inc.
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Source: Clean Energy Technologies, Inc.
