Core Insights - Clean Energy Technologies, Inc. (CETY) has signed a Non-Binding Offer (NBO) with a European solar and wind development company, aiming to expand its operations into Europe and tap into the renewable energy market [1][3]. Financial Summary - CETY has secured an initial equity investment of $4,400,000, which will contribute to the estimated total deal size of approximately $85,000,000, contingent on scheduled milestones [2]. Market Expansion - The transaction is expected to provide CETY with a foothold in the lucrative European market for solar and wind power generation, supported by stable government policies that favor long-term growth in renewable energy [3]. Company Overview - CETY is headquartered in Irvine, California, and focuses on zero-emission energy solutions, including waste heat recovery and waste-to-energy technologies, catering to small and mid-sized projects across North America, Europe, and Asia [4]. Stock Information - CETY's common stock is traded on the Nasdaq Capital Market under the symbol "CETY" [5].

Financial Performance - For the quarter ended March 31, 2025, total revenue was $791,940, a decrease of 47.7% compared to $1,513,026 for the same period in 2024, primarily due to minimal contributions from the China natural gas business[253]. - Gross profit for the quarter was $728,553, significantly up from $253,005 in the same period in 2024, reflecting improved margins from non-natural gas operations[254]. - The net loss for the quarter was $331,182, an improvement from a loss of $1,419,400 in the same period in 2024, attributed to reduced expenses and stronger margins[256]. - Revenue from the Clean Energy HRS segment was $612,354, a substantial increase from $72,488 in the same period in 2024, indicating a strong pipeline of opportunities[263]. - Revenue from the CETY Renewables segment was $176,105, slightly down from $211,568 in the same period in 2024, expected to stabilize until construction activities commence later this year[264]. - The natural gas business reported revenue of $3,481, a significant decline from $1,219,629 in the same period in 2024, due to macroeconomic factors and a strategic shift away from lower-margin activities[266]. - The net loss for the quarter was $331,231, significantly reduced by 76.7% from a net loss of $1,419,400 in the same period in 2024, attributed to higher-margin revenue from the HRS segment[279]. Operating Expenses - Operating expenses decreased to $824,656 from $1,073,926 year-over-year, driven by lower salary costs and reduced professional fees[255]. - For the quarter ended March 31, 2025, professional fees totaled $66,213, a decrease of 66.7% compared to $199,053 for the same period in 2024[274]. - Facility lease and maintenance expenses were $66,741, down 6.9% from $71,275 in the same period in 2024[275]. - Interest and finance fees increased to $339,821, up 15.1% from $295,193 in the same period in 2024, primarily due to interim financings for the Vermont Renewable Project[278]. Cash Flow and Financing - Net cash used in operating activities was $(776,047), an improvement of 11% compared to $(871,636) in the same period in 2024[281]. - Net cash provided by financing activities was $759,002, down 23.2% from $987,871 in the same period in 2024[281]. - Stockholders' equity increased by $12,657 to $2,951,159 compared to $2,938,502 as of December 31, 2024, primarily due to higher net income[256]. - The company plans to continue funding operations through equity sales, which may dilute existing stockholders[324]. Deferred Revenue and Customer Deposits - As of December 31, 2024, the company had $33,000 of deferred revenue expected to be recognized in Q2 2025[308]. - Outstanding customer deposits as of December 31, 2024, were $128,134, significantly up from $30,061 in 2023[309]. Accounting and Consolidation - The company recognized revenue over time for its biomass power plant construction projects, consistent with ASC 606 criteria[306]. - JHJ made an investment of RMB 3.91 million ($0.55 million) into Shuya during the year ended December 31, 2022, with a net loss of approximately $10,750 allocated to the company[314]. - Effective January 1, 2023, JHJ, SSET, and Xiangyueheng entered a Consistent Action Agreement to consolidate control over Shuya[315]. - Shuya is classified as a variable interest entity (VIE) of JHJ, leading to its consolidation in the financial statements effective January 1, 2023[317]. - The acquisition was accounted for using the acquisition method, with JHJ identified as the acquirer based on the Three-Parties Consistent Action Agreement[318]. - The fair value of non-controlling interests at the acquisition date was $650,951, and the total identifiable net assets recognized were $1,207,047[321]. - No goodwill was recognized in the acquisition, as the fair value of the consideration paid equaled the fair value of identifiable net assets[321]. - On January 1, 2024, the Termination Agreement was executed, resulting in the company holding less than 50% of voting rights in Shuya, thus ceasing its consolidation[322]. Market and Risk Disclosures - There are no significant off-balance sheet arrangements that could materially affect the company's financial condition[325]. - The company believes that recently issued accounting standards will not have a material impact on its consolidated financial position upon adoption[326]. - The company is classified as a smaller reporting company and is not required to provide certain market risk disclosures[327]. Future Outlook - CETY anticipates stronger revenue contributions from its Waste-to-Energy, Heat Recovery, and EPC segments in the latter half of the year, which are expected to deliver higher gross margins[256]. - The company is actively scaling its Engineering and project management operations to deliver comprehensive self-generation energy solutions globally[257].

Core Insights - Clean Energy Technologies, Inc. (CETY) is committed to transparency and aims to provide shareholders with a clear understanding of its short-term objectives and long-term strategies [1][2] - The company is focused on adaptability in the clean energy market, aiming to capitalize on opportunities and drive sustainable growth while creating shareholder value [2][4] Company Strategy and Operations - CETY has made strategic moves to tighten operations and focus on areas that align with its strengths, forming partnerships to expand capabilities across multiple applications [4][7] - The Vermont Renewable Gas (VRG) biomass waste to energy project is highlighted as a major milestone, serving as a model for future clean energy infrastructure projects [4][5] - The company has successfully navigated a year-long permitting process for the VRG project, with all necessary permits secured except for the final sign-off from the Public Utility Commission [5] Project Development and Partnerships - CETY is growing its pipeline in heat to power and geothermal sectors, with a $500K project secured in Q1 2025 [6] - Strategic partnerships with Metis Power and Exergy position CETY as a full-scope eco-friendly energy and microgrid solutions provider, leading to multiple project bids under consideration [7][12] - The company collaborates with project developers and private equity partners, providing core technology and execution capabilities while partners lead on financing [12] Market Conditions and Challenges - Macroeconomic factors, such as declining natural gas prices and reduced industrial demand, are expected to lower near-term revenues from natural gas activities [8] - Tariffs are anticipated to affect the cost structure of heat-to-power products, prompting CETY to pursue international manufacturing partnerships to optimize efficiency [9] Financial Highlights - CETY has secured $12 million for construction and a $20 million long-term operations and maintenance agreement, serving as a technology provider and O&M partner [10] Future Directions - The company aims to deliver turnkey clean energy solutions, expand across multiple applications, and strengthen strategic partnerships to offer integrated microgrid and energy systems [18] - CETY prioritizes markets where it can lead, such as industrial manufacturing and data centers, leveraging proprietary technologies for reliable and cost-effective clean energy solutions [18]

Revenue Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of $2,424,659, a significant decrease from $6,693,844 in 2023, reflecting a strategic shift and lower demand in certain segments [263]. - The revenue from CETY Renewables, the newly launched waste-to-energy business, increased to $1,064,757 in 2024 from $429,999 in 2023, driven by progress in the VRG project [266]. - The revenue from the natural gas business dropped to $1,192,420 in 2024, down from $5,719,170 in 2023, primarily due to lower demand in China and increased competition [267]. Profitability and Loss - Gross profit for the year ending December 31, 2024, increased to $846,555 compared to $460,835 in 2023, despite a decline in revenue, indicating improved operational efficiencies [268]. - The gross profit from CETY Renewables rose to $829,784 in 2024, up from $355,303 in 2023, highlighting the profitability of the higher-margin waste-to-energy segment [270]. - The company experienced a net loss of $4,416,319 for the fiscal year 2024, an improvement from the net loss of $5,782,666 in 2023, attributed to a shift in revenue mix [261]. - Net loss from operations increased to $3,112,847 in 2024 compared to a net loss of $2,925,984 in 2023, attributed to team expansion and revenue decline in the NG business [280]. Financial Position - As of December 31, 2024, the company had total stockholder's equity of $2,938,502 and an accumulated deficit of $27,443,231, indicating ongoing financial challenges [260]. - The company will continue to rely on equity sales of common shares for funding, with potential dilution to existing stockholders [325]. - There are no significant off-balance sheet arrangements that could materially affect the company's financial condition [326]. Operational Efficiency - Selling, General and Administrative (SG&A) expenses increased to $797,518 in 2024 from $679,004 in 2023, driven by investments in media, marketing, and IT infrastructure [272]. - Total salaries rose to $1,906,701 in 2024, up from $1,570,909 in 2023, primarily due to the expansion of the CETY Renewables team and salary increases in China [273]. - Travel expenses decreased to $185,876 in 2024 from $247,124 in 2023, reflecting reduced travel costs from the US and Europe [274]. - Facility lease expenses slightly decreased to $285,823 in 2024 from $310,004 in 2023, due to renegotiations and improved space utilization [275]. - Interest and finance fees decreased to $1,199,042 in 2024 from $2,137,649 in 2023, primarily due to reduced convertible notes and bridge financing fees [283]. - Cash flow used in operating activities improved to $(3,560,951) in 2024 from $(4,783,077) in 2023 [285]. - The company recorded a gain of $8,135 in debt settlement for 2024, compared to a loss of $1,124,654 in 2023 [282]. - Professional fees increased to $578,937 in 2024 from $356,785 in 2023, mainly due to costs associated with a new auditor and SEC filings [279]. - Bad debt expense remained at $0 for both 2024 and 2023, indicating effective credit management [277]. Strategic Initiatives - The company has established CETY Capital to fund renewable energy projects, enhancing its capacity to support clean energy initiatives [247]. - The strategic decision to discontinue involvement in the Shuya operations reflects a focus on core competencies in waste-to-energy and heat recovery solutions [250]. - The company aims to expand its higher-margin renewable energy and waste-to-energy solutions to drive sustainable profitability moving forward [268]. Deferred Revenue and Customer Deposits - As of December 31, 2024 and 2023, the company had deferred revenue of $33,000, expected to be recognized in Q2 2025 [311]. - Outstanding customer deposits as of December 31, 2024 and 2023 were $30,061 and $165,236, respectively [312]. Accounting and Reporting - Effective January 1, 2023, the company consolidated Shuya as a variable interest entity (VIE) due to a Consistent Action Agreement among shareholders [318]. - The fair value of non-controlling interests on January 1, 2023, was recorded at $650,951, with total identifiable net assets recognized at $1,207,047 [322]. - The company believes that the impact of recently issued accounting standards will not materially affect its consolidated financial position or results of operations upon adoption [327]. - The company is classified as a smaller reporting company and is not required to provide certain market risk disclosures [328].

Core Insights - Clean Energy Technologies, Inc. (CETY) has signed a Memorandum of Understanding (MOU) with Qymera Canada Inc. to enhance clean energy solutions [1][3] - The partnership includes an initial order of $500,000 for two Clean Cycle units to support Qymera's monobore geothermal technology [2][6] Partnership Details - Qymera's monobore technology allows for shallower drilling, eliminating the need for injection wells, thus reducing operational complexity and costs [5][8] - The technology addresses seismic risks associated with traditional geothermal energy development by focusing on heat flow rather than steam generation [5][6] Strategic Benefits - The collaboration aims to provide reliable baseload power with zero carbon emissions for industries such as mining, manufacturing, and data centers [2][7] - CETY's end-to-end energy solutions are expected to expedite the market launch and deployment of these technologies [6][9] Technological Innovations - Qymera's system utilizes a proprietary resin to optimize heat transfer, significantly reducing the need for deep drilling and minimizing environmental impact [8][10] - The system requires less than 5 acres for a 10-megawatt installation, making it suitable for regions previously deemed unviable for geothermal power [8][10] Future Opportunities - CETY and Qymera will explore joint development opportunities for geothermal and heat-to-power solutions [9][10] - The pilot project in British Columbia aims to showcase the ability to provide reliable, eco-friendly power while generating carbon credits [7][10]

Core Insights - Clean Energy Technologies, Inc. (CETY) has announced a strategic partnership with METIS Power to develop advanced microgrid solutions specifically for AI data centers and cryptocurrency mining operations [1][2] - The collaboration aims to address the increasing energy demands of these sectors by providing innovative, reliable, and sustainable microgrid solutions [2] Company Overview - CETY specializes in clean energy manufacturing and engineering, offering eco-friendly solutions, clean energy fuels, and alternative electric power for small and mid-sized projects across North America, Europe, and Asia [1][4] - The company's principal products include Waste Heat Recovery Solutions and Waste to Energy Solutions, which convert waste products into electricity and BioChar [4] Partnership Details - METIS Power is recognized for its scalable and efficient energy systems, integrating CETY's microgrid solutions to support data centers [2][3] - The partnership will leverage waste heat recovery systems to reduce cooling costs by utilizing wasted heat from natural gas turbines [2] - Customized microgrid solutions will optimize energy use, enhance efficiency, reduce operational costs, increase uptime, and minimize carbon footprints [2] Industry Context - Microgrids are essential for providing stable and resilient power supplies, particularly for energy-intensive operations like AI data centers and cryptocurrency mining [2] - The collaboration aligns with the growing demand for sustainable energy solutions in the face of increasing energy consumption in these industries [2]

Financial Performance - For the nine months ended September 30, 2024, total revenue was $1,944,333, a decrease of 63.2% compared to $5,278,203 for the same period in 2023, primarily due to the deconsolidation of China operations [309][317]. - Gross profit for the nine months ended September 30, 2024, was $641,575, down from $992,943 in the same period in 2023, reflecting lower revenue from China operations [309][321]. - Operating expenses increased to $3,193,447 for the nine months ended September 30, 2024, compared to $2,463,090 for the same period in 2023, driven by higher salaries and professional fees [310][326]. - The net loss for the nine months ended September 30, 2024, was $3,550,669, compared to a net loss of $2,460,489 for the same period in 2023, attributed to increased salaries and professional fees [311]. - Revenue from the waste-to-energy segment was $231,679 for the nine months ended September 30, 2024, down from $779,720 in the same period in 2023, with a large $12M contract pending for the Vermont project [314]. - Revenue from the natural gas business amounted to $1,185,178, a significant decrease from $10,462,385 for the same period in 2023, due to the deconsolidation of revenue from China operations [320]. - Net loss increased to $3,550,669 for the nine months ended September 30, 2024, compared to a loss of $2,460,489 in 2023, driven by lower revenues and higher SG&A expenses [336]. Equity and Cash Flow - Stockholder's equity decreased to $3,583,444 as of September 30, 2024, compared to $5,869,198 as of September 30, 2023, primarily due to loss of revenue from China operations [315]. - Net cash used in operating activities was $(2,788,608) in 2024, an improvement from $(3,842,232) in 2023 [338]. - Net cash provided by financing activities decreased to $2,660,036 in 2024 from $3,906,498 in 2023 [338]. - Interest and finance fees decreased to $902,002 in 2024 from $1,707,690 in 2023, due to lower borrowing amounts [335]. - Customer deposits outstanding as of September 30, 2024, were $41,462, down from $210,310 as of December 31, 2023 [367]. Business Segments and Strategy - The company has established four business segments to diversify revenue streams, including Clean Energy HRS, Waste-to-Energy, Engineering and Manufacturing, and CETY HK [312]. - The company anticipates larger revenue contributions from higher gross margin segments such as Waste-to-Energy and Heat Recovery in the upcoming year [312]. - The company aims to leverage its presence in China for synergistic partnerships and technology transfers, particularly in the growing EV charging sector [325]. Expenses and Cost Management - Salaries expense increased to $1,481,316 for the nine months ended September 30, 2024, up from $957,759 in 2023, due to hiring key personnel and expanding the workforce [327]. - Travel expenses decreased to $135,964 in 2024 from $326,905 in 2023, attributed to reduced business travel in China subsidiaries [328]. - Professional fees rose to $484,990 in 2024 from $259,476 in 2023, due to engaging a new audit firm [329]. - Facility lease and maintenance expenses decreased to $230,798 in 2024 from $253,041 in 2023, resulting from relocating to a lower-cost facility [330]. Consolidation and Legal Matters - The Company concluded that Shuya is a variable interest entity (VIE) and will consolidate it into its financial statements effective January 1, 2023 [369]. - Following the Termination Agreement on January 1, 2024, the Company will no longer consolidate Shuya as it holds less than 50% of the voting rights [370]. - The Company plans to continue funding operations through equity sales, which may result in dilution for existing shareholders [373]. - There are no significant off-balance sheet arrangements that could materially affect the Company's financial condition [374]. - The Company is not currently involved in any legal proceedings that are likely to have a material adverse effect on its financial position [377]. Internal Controls and Compliance - The Company believes that the impact of recently issued accounting standards will not materially affect its financial position upon adoption [378]. - As of September 30, 2024, the Company's disclosure controls and procedures were deemed ineffective due to the lack of independent board members [380]. - There have been no significant changes in the Company's internal controls over financial reporting during the nine months ended September 30, 2024 [381].

Core Viewpoint - Clean Energy Technologies, Inc. (CETY) has signed a memorandum of understanding with Freyr Technology Pte. Ltd. to provide AI Computing and Data Center services in Southeast Asia, addressing the growing market demand for these services [1][3]. Group 1: Partnership Details - CETY will collaborate with Freyr, which is a preferred partner of NVIDIA, to enhance technical solutions for optimizing Model Flop Utilization (MFU) of NVIDIA's GPUs [2][3]. - Freyr will lead client acquisition and Data Center operations, while CETY will provide the necessary NVIDIA infrastructure and support global marketing and sales efforts [3]. Group 2: Strategic Benefits - This partnership allows CETY to cross-sell its clean energy solutions to AI Data Centers, leveraging its expertise in energy efficiency to reduce operational costs [4]. - CETY specializes in eco-friendly energy solutions, including Waste Heat Recovery and Waste to Energy Solutions, which can be integrated into the operations of Data Centers [5]. Group 3: Company Overview - CETY is headquartered in Irvine, California, and focuses on zero-emission energy solutions for small and mid-sized projects across North America, Europe, and Asia [5]. - The company’s principal products include patented Clean Cycle™ generators and consulting services for clean energy project development [5].

Core Viewpoint - Clean Energy Technologies, Inc. (CETY) is expanding into the Cryptocurrency Mining and Artificial Intelligence Datacenter (AIDC) sectors due to strong market demand for its eco-friendly energy solutions [1][2]. Company Overview - CETY is headquartered in Irvine, California, and focuses on providing zero-emission green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects across North America, Europe, and Asia [3]. - The company specializes in Waste Heat Recovery Solutions, Waste to Energy Solutions, and offers Engineering, Consulting, and Project Management Solutions for clean energy projects [3]. Market Expansion - Following a Memorandum of Understanding with True North Computation, Inc., CETY aims to deliver advanced microgrid solutions for cryptocurrency mining operations, indicating a strategic move into the growing sectors of Cryptocurrency Mining and AIDC [2]. - CETY's management recognizes strong market trends in these sectors and is considering further operational expansion beyond renewable energy [2].

Core Insights - A new report from Clean Energy Canada highlights that households can save hundreds of dollars monthly by adopting clean energy solutions, with an online calculator available for residents to estimate potential savings [1][3]. Group 1: Savings from Clean Energy Adoption - A Toronto household switching to electric vehicles and installing a heat pump could save $550 monthly, while a similar household in Vancouver could save $777, achieving over 90% reduction in carbon footprint [2][3]. - The report provides savings estimates for various types of homes across all Canadian provinces, indicating that switching to electric vehicles is financially beneficial nationwide [3]. Group 2: Barriers to Clean Energy Transition - The discontinuation of the federal Greener Homes Grant, which previously offered up to $5,000 for energy-saving measures, poses a challenge for many Canadians, although a new program for low- to median-income households is forthcoming [4]. - The prices of affordable electric vehicles (EVs) have increased or they have been discontinued, limiting options for consumers; for instance, the Chevrolet Bolt and Kia Soul EV production has been paused, and the cheapest Tesla Model 3 is no longer available in Canada due to new tariffs [5]. Group 3: Regional Disparities in Support - Access to financial incentives for clean energy varies significantly across provinces; for example, a median-income family in Vancouver can receive substantial rebates for EVs and heat pumps, while families in Toronto have no provincial support [6]. Group 4: Recommendations for Government Action - The report calls for all levels of government to implement measures such as rebates, improved charging access, simplified financing, and better electricity rates to promote cleaner energy options for all Canadians [7]. Group 5: Key Facts - Canadians can now use an online calculator to estimate savings from EVs and energy efficiency upgrades [8]. - EVs are projected to be cheaper over their lifetime in every province, with significant annual savings compared to gas-powered vehicles [8]. - The federal Electric Vehicle Availability Standard is expected to encourage automakers to offer more affordable EV options in Canada [8].