Bloomberg: CETY Heat Recovery Solutions Finalizes A $1.1 M Landfill Heat Recovery Order From Corycos

CETY Heat Recovery Solutions Finalizes A $1.1 M Landfill Heat Recovery Order
                         From Channel Partner Corycos

PR Newswire

COSTA MESA, Calif., Nov. 5, 2019

COSTA MESA, Calif., Nov. 5, 2019 /PRNewswire/ -- Clean Energy Technologies,
Inc. (OTCQB: CETY), a clean energy company focusing on products in the energy
efficiency and environmental sustainability markets, announced today that it
finalized a $1.1 million landfill heat recovery order scheduled to be
delivered in the fourth quarter of 2019.  This landfill site order was secured
from our channel partner Corycos Group and scheduled to be commissioned in the
2^nd quarter of 2020.  Corycos Group estimates the potential electrical
generation could be as high as 1.8 Giga Watt hour or approximately $250,000
dollars in additional annual revenue generation for the site's owner. 

"Our strategy of joint venture relationships in select regions is starting to
play out," said Kam Mahdi, Chief Executive Officer of CETY.  "We initially
signed our joint venture agreement with Turkey based Corycos in December of
2018 and have seen results in less than a year. Their sales pipeline is
expanding and with new technology and plans they expect additional growth."

Mr. Mahdi continued, "Our global strategy for regional implementation
showcases our advanced technology originally developed by General Electric. We
are planning to deliver many more units, together with long term power
purchase agreements to the landfill owners and operators for similar
applications within the region to provide them with additional revenues and
higher returns on their investment."

Ahmet Yigit Kazanc and Hakan Dogan, Co-Founders of Corycos Group added:
"CETY's ORC technology, with its superior magnetic bearing turbine, is a
critical component in our strategy for our biogas sector to increase
incremental revenue and reduce greenhouse gas. Waste heat to power represents
the best cost/benefit opportunity for us to expand renewable generation
capacity and achieve sustainability. This $1.1 million dual unit ORC
installation on four biogas engines will make an excellent showcase for
Corycos' existing network of customers in Turkey, Russia, Africa, Middle East,
Central and Southern Asia."

https://www.bloomberg.com/press-releases/2019-11-05/cety-heat-recovery-solutions-finalizes-a-1-1-m-landfill-heat-recovery-order-from-channel-partner-corycos
For more information, visit www.heatrecoverysolutions.com and www.corycos.com

About Clean Energy Technologies, Inc. (CETY)

Headquartered in Costa Mesa, California, Clean Energy Technologies, (CETY)
delivers power from heat and biomass with zero emission and low cost. We
design, produce and market clean energy products & integrated solutions
focused on energy efficiency and environmental sustainability. The Company's
principal product is the Clean Cycle™ ORC heat recovery generator, offered by
CETY's Clean Energy HRS, or Heat Recovery Solutions, subsidiary,
www.heatrecoverysolutions.com. The Clean Cycle™ system captures waste heat
from a variety of sources and turns it into electricity that can be used or
sold back to the grid. CETY's proven, reliable technology allows municipal,
commercial, and industrial users with heat sources, such as from biomass,
industrial processes or energy production, to boost their overall energy
efficiency with no additional fuel, no pollutants, and little ongoing
maintenance. CETY's common stock is currently traded on the OTC Market under
the symbol CETY. For more information, visit www.cetyinc.com or
www.heatrecoverysolutions.com.

Disclaimer

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.
Previous Post
Bloomberg: CETY Signs with Corycos Group to Market and Sell Products in Turkey, Closes First Sale
Menu