CETY is focusing on HTAP applications for industrial and municipality solid waste, landfill waste, agriculture waste, and forestry waste. This builds on the current increase in incentives for investment in clean energy solutions for commercial and industrial users, as well as a surge in interest in clean energy solutions in municipalities. This project will also benefit from the recent Inflation Reduction Act passed in August of 2022.
In combination with existing CETY technologies and solutions, these projects will advance the company’s mission to offer a more vertically integrated and scalable platform for clean energy solutions across multiple industries in most key markets globally.
CETY’s existing ORC business will also capitalize on each Biomass project, with the opportunity to deliver Heat Recovery Solutions. Such synergies increase energy value by 15% for the Biomass project. CETY’s portfolio of Biomass projects will in turn drive top line and bottom-line growth elsewhere in the company creating long term predictable income streams with high IRR cash flows.
More importantly, it provides a footprint for future projects utilizing HTAP Biomass Reactor technology in the rapidly growing biomass renewable energy sector. The HTAP Biomass Reactor is a unique and proprietary process that transforms organic waste by using ultra-high temperatures and produces renewable electrical power, BioChar fertilizer and high heating value fuel gas in addition to other commercially valuable chemicals.
By offering additional renewable energy solutions with near-zero emissions, zero solid waste residue, and better waste sourcing capabilities, we firmly believe that renewable energy biomass projects will establish our reputation as a viable and attractive renewable biomass energy solution while generating a new stream of revenues and profits for our company”.
About
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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.
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