CETY signs $85M Europe renewables deal for solar and wind projects

A non-binding $85 million deal was signed by Clean Energy Technologies and a European firm to expand CETY’s solar and wind footprint under milestone-based investments.

By Karthik Srivasthav G 27 May 2025 in Business Bytes EMEA Bytes

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An initial $4.4 million equity investment has been secured as part of the non-binding offer. Image Credit/Source: Pixabay/Pexels

Clean Energy Technologies, Inc. (CETY), a California company that provides low-emission energy solutions, announced that it signed a non-binding memorandum of understanding with an European solar and wind developer. The deal involves a $4.4 million equity investment towards a possible $85 million milestone-based deal. In the view of Clean Energy Technologies, Inc., the European market is desirable with steady renewable energy policies, and the agreement is supposed to increase its global operations. Clean Energy Technologies, Inc. has said that the deal will expand its solar and wind infrastructure presence. CETY is a developer of biomass-to-electricity and waste heat recovery technology, such as the Clean Cycle generator and Waste to Energy products, that turn agricultural and industrial waste into electricity and biochar.

#Europe #Expansion #Investment #CETY

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