Clean Energy Technologies Inc. announced today that the partnership with manufacturer Sagacity is an initial success.
The Irvine-based clean energy and technology company said that the 2025 partnership led to the successful implementation of the Organic Rankine Cycle (ORC) component manufacturing initiative. ORC systems capture waste heat from sources such as factories and turn it into clean power.
Clean Energy Technology expects the initial success in early production to improve the affordability and competitiveness of ORC waste heat recovery systems.
“The successful transition into production marks an important operational achievement for CETY. We have established a faster, more cost-efficient manufacturing framework that significantly improves our ability to scale deployment of our ORC systems globally. Lower manufacturing costs and improved sourcing efficiency strengthen our competitive position and support broader adoption of waste heat-to-power technologies,” Chief Executive Kam Mahdi said in a statement.
Shares of the company were unchanged at 86 cents apiece with a market cap of $10.5 million (Nasdaq: CETY).
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