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Clean Energy Technologies Inc. (NASDAQ: CETY) is a renewable energy technology company established in 2015. Headquartered in Nevada, the firm develops zero-emission heat recovery and alternative energy solutionsâprimarily geothermal and biomass systemsâtargeting industrial and commercial applications across North America, Europe, and Asia.
Corporate Structure and Experience
Clean Energy Technologies employs between 11 and 50 people, including engineers, project managers, and business development professionals. Since its founding, the company has formed strategic alliances to enhance its technical capabilities. Major collaborations include a memorandum of understanding with Qymera Canada for geothermal solutions and a joint initiative with Exergy focused on waste heat recovery using Organic Rankine Cycle systems.
Geothermal energy by Viktor Kiryanov
Recent Developments and News
- In May 2025, CETY signed an agreement with Qymera Canada valued at USD 500,000 to supply modular geothermal technology for industrial heating applications.
- In June 2025, the company entered into a partnership with Exergy to deploy Organic Rankine Cycle systems that convert low-grade waste heat into electrical power across multiple manufacturing sites.
Financial and Strategic Aspects
On October 1, 2023, CETY shares traded at USD 0.1923, reflecting a decrease of 32.48% over the day on a volume of 1,766,231 shares. This share price fluctuation is indicative of the volatility commonly associated with micro-cap clean technology stocks. There have been no new Securities and Exchange Commission filings reported this quarter. Strategically, CETYâs focus on modular, scalable heat recovery solutions and partnerships with established technology providers are positioned to support potential revenue growth while managing in-house research and development expenses.
Market Position and Industry Context
The U.S. renewable energy sector continues to expand under federal and state decarbonization mandates. According to the U.S. Department of Energy, various technologiesâsuch as solar, wind, water, geothermal, bioenergy, and hydrogenâare contributing to significant economic activity. Californiaâs TECH Clean California initiative aims to install six million heat pumps by 2030 to reduce building emissions. Clean Energy Technologies' geothermal and waste heat recovery solutions aim to address the significant portion of on-site emissions attributed to space and water heating, situating the company within a specialized segment of the clean energy supply chain.
tl;dr
CETY shares declined 32.48% to USD 0.1923 on October 1, 2023, due to high trading volume. In May 2025, the company secured a USD 500,000 geothermal equipment order from Qymera Canada, followed in June 2025 by a waste-heat partnership with Exergy. With 11â50 employees and no new SEC disclosures this quarter, CETY seeks to utilize state and federal decarbonization initiativesâparticularly in heating and waste heat recoveryâto drive its expansion through 2026.
