Clean Energy Technologies, Inc. Signs MOU with Exergy International Srl

Irvine, CA., Oct. 29, 2024 (GLOBE NEWSWIRE)

Clean Energy Technologies, Inc. (“CETY”) (Nasdaq: CETY), a clean energy manufacturing and services company specializing in eco-friendly energy solutions, clean fuels, and alternative power for small and mid-sized projects in Americas, Europe, and Asia, has signed a Memorandum of Understanding (“MOU”) with Exergy International Srl (“Exergy”), a global leading provider of Organic Rankine Cycle (“ORC”) systems, with headquarters in Italy. This strategic partnership aims to drive growth in the field of heat recovery solutions by promoting, selling, and supporting Exergy’s ORC systems across the Americas and potentially other global regions. The collaboration will expand Exergy’s and CETY’s Waste Heat to Power solutions throughout the Americas, enabling CETY to offer small to large-scale ORC systems for industries such as cement, steel, glass, oil & gas, utilities and for power generation from geothermal resources and biomass.

Clean Energy Technologies, Inc. and Exergy International Srl’s partnership signifies a significant step towards enhancing the adoption of clean energy solutions in various industries. The partnership will enable CETY to leverage Exergy’s advanced ORC systems to provide innovative and sustainable power generation solutions to clients in the Americas and potentially other regions worldwide. By offering ORC systems for industries ranging from cement to oil & gas, the collaboration aims to address the increasing demand for eco-friendly energy solutions in a variety of sectors.

The ORC systems provided by Exergy are known for their efficiency in converting waste heat into usable electricity, making them a valuable asset for companies seeking to reduce their carbon footprint and increase energy efficiency. The partnership between CETY and Exergy will not only benefit the two companies but also contribute to the global transition towards cleaner and more sustainable energy sources.

With the expansion of Waste Heat to Power solutions in the Americas, industries such as cement, steel, glass, and oil & gas will have access to reliable and cost-effective ORC systems that can help them reduce their reliance on traditional fossil fuels and lower their overall environmental impact. Additionally, the utilization of ORC systems for power generation from geothermal resources and biomass will further diversify the renewable energy sources available to industries, paving the way for a more sustainable future.

The collaboration between Clean Energy Technologies, Inc. and Exergy International Srl represents a significant partnership in the clean energy sector, with the potential to drive growth and innovation in the field of heat recovery solutions. By combining CETY’s expertise in eco-friendly energy solutions with Exergy’s cutting-edge ORC systems, the two companies are poised to make a lasting impact on the adoption of clean energy technologies across multiple industries.

How This Will Affect Me

As a consumer, the partnership between Clean Energy Technologies, Inc. and Exergy International Srl could potentially lead to an increase in the availability of eco-friendly energy solutions in the market. With the expansion of Waste Heat to Power solutions in industries such as cement, steel, and oil & gas, there may be more opportunities for individuals to access clean and sustainable energy sources for their daily needs. Additionally, the adoption of ORC systems for power generation from geothermal resources and biomass could contribute to a reduction in greenhouse gas emissions and a healthier environment for all.

How This Will Affect the World

The strategic partnership between Clean Energy Technologies, Inc. and Exergy International Srl has the potential to have a significant impact on the global transition towards clean and sustainable energy sources. By promoting, selling, and supporting Exergy’s ORC systems across multiple regions, the collaboration will help drive growth in the field of heat recovery solutions and contribute to the reduction of carbon emissions worldwide. The expansion of Waste Heat to Power solutions in industries such as cement, steel, and utilities will not only benefit individual companies but also play a role in building a more sustainable future for the planet as a whole.

Conclusion

The partnership between Clean Energy Technologies, Inc. and Exergy International Srl marks a milestone in the advancement of clean energy solutions and heat recovery technologies. By working together to promote and sell ORC systems across the Americas and potentially other global regions, the two companies are demonstrating their commitment to driving growth and innovation in the field of sustainable energy. As industries increasingly turn towards eco-friendly energy solutions, collaborations like this will play a crucial role in accelerating the transition towards a more sustainable and greener future for all.