Clean Energy Technologies Inks MOU with Qymers Canada for $500,000 Order of Clean Cycle Units
IRVINE, CA., March 10, 2025 – Clean Energy Technologies, Inc. (CETY), a pioneering energy solutions provider, has recently announced a significant milestone in its mission to deliver cost-effective, eco-friendly energy solutions. The company has entered into a Memorandum of Understanding (MOU) with Qymers Canada Inc., securing an initial order of two Clean Cycle units valued at $500,000.
A Strategic Partnership for Sustainable Energy
Under the terms of the agreement, CETY’s Clean Cycle units will support the development and deployment of Qymers Canada’s monobore geothermal technology. This technology harnesses the power of geothermal energy from a single borehole, making it an innovative and efficient solution for renewable energy generation.
Benefits for Qymers Canada
Qymers Canada will leverage CETY’s Clean Cycle technology to improve the efficiency and scalability of its geothermal energy projects. The Clean Cycle unit is a flexible, modular, and cost-effective solution for generating electricity from waste heat, making it an ideal complement to Qymers Canada’s monobore geothermal technology.
- Reduced reliance on fossil fuels: By using waste heat to generate electricity, Qymers Canada can reduce its reliance on non-renewable energy sources.
- Lower carbon footprint: The use of geothermal energy and waste heat to generate electricity results in significantly lower greenhouse gas emissions compared to traditional power generation methods.
- Flexibility and scalability: The Clean Cycle units can be easily integrated into Qymers Canada’s geothermal projects, providing a scalable solution for energy generation.
Global Impact: A Step Towards a Sustainable Energy Future
The partnership between CETY and Qymers Canada represents a significant step forward in the global transition towards renewable and sustainable energy sources. As the world continues to grapple with the challenges of climate change and energy scarcity, innovations in geothermal energy and waste heat recovery are becoming increasingly important.
- Reduced greenhouse gas emissions: The widespread adoption of geothermal energy and waste heat recovery technologies can help reduce global greenhouse gas emissions, contributing to a more sustainable future.
- Energy independence: Countries with significant geothermal resources can become less reliant on imported fossil fuels, enhancing their energy independence and stability.
- Cost-effective energy: Geothermal energy is a reliable and cost-effective energy source, making it an attractive alternative to traditional power generation methods.
Conclusion
The MOU between Clean Energy Technologies and Qymers Canada marks an exciting development in the renewable energy sector, as both companies work towards a sustainable energy future. By harnessing the power of geothermal energy and waste heat, they are contributing to a global effort to reduce greenhouse gas emissions, enhance energy independence, and promote cost-effective energy solutions.
This collaboration is a testament to the potential of innovative technologies and partnerships in addressing the world’s most pressing energy challenges. As we move towards a more sustainable future, partnerships like this one will play a crucial role in driving progress and shaping the energy landscape.
Stay tuned for more updates on this and other exciting developments in the world of renewable energy.
