{"id":117,"date":"2018-12-04T20:00:56","date_gmt":"2018-12-04T20:00:56","guid":{"rendered":"http:\/\/impreza2.us-themes.com\/?p=117"},"modified":"2023-11-05T20:55:53","modified_gmt":"2023-11-05T20:55:53","slug":"partnership-announcement","status":"publish","type":"post","link":"https:\/\/floryaenergy.com\/tr\/partnership-announcement\/","title":{"rendered":"Bloomberg: CETY Signs with Florya Energy to Market and Sell Products in Turkey, Closes First Sale"},"content":{"rendered":"
Clean Energy Technologies Signs with Florya Energy to Market and Sell Products\r\n                         in Turkey, Closes First Sale\r\n\r\nCOSTA MESA, Calif., Dec. 4, 2018\r\n\r\nCOSTA MESA, Calif., Dec. 4, 2018 \/PRNewswire\/ -- Clean Energy Technologies,\r\nInc. (OTC:CETY), a rapidly growing designer and producer of energy efficient &\r\nenvironmentally sustainable products with its patented magnetic turbine heat\r\nrecovery generator, announced today that it has entered into an agreement\r\n(through its wholly owned subsidiary, Clean Energy HRS, LLC) with Florya Energy,\r\nan international renewable energy company headquartered in\r\nTurkey, to promote and sell its products in that country.\r\n\r\nThe agreement calls for Florya Energy to implement a business development plan to\r\nmarket and solicit orders for CETY products. Florya Energy has included CETY's Clean\r\nCycle II Organic Rankine Cycle (ORC) heat recovery generator in its product\r\nofferings to its clients in the Biogas industry as an important factor in\r\nimproving efficiencies in new and existing facilities. \u00a0\r\n\r\nThis three-year agreement may become exclusive and may be extended beyond the\r\nterm based upon performance. This agreement and Florya Energy's impressive reputation\r\nsupport CETY's stated goals in both volume of sales and geographic expansion,\r\nas well as providing further evidence that this technology is an important\r\nelement to improve the efficiencies of, and produce added revenue from,\r\nexisting facilities that produce waste heat, which is common among Florya Energy\r\nclients. This agreement has already resulted in the first six-figure sale.\r\n\r\nKam Mahdi, Chief Executive Officer of CETY said, \"The entire team at CETY is\r\nenthusiastic about this expansion, not only into a new territory such as\r\nTurkey, but also into the Biogas industry where we believe the synergies\r\ncannot be ignored. We know our counterparts at Florya Energy feel the same. Through\r\nthis agreement with Florya Energy, CETY will provide a low maintenance, highly\r\nefficient ORC system utilizing our patented magnetic turbine generator that is\r\neasy to deploy and simple to maintain.\u00a0 We believe that this agreement will be\r\nvery beneficial for the immediate, and long-term growth of our company.\"\r\n\r\nAhmet Yigit Kazanc, Founder of Florya Energy added: \"Waste\r\nto Energy represents the future of human civilization. It is not just an\r\nadvancement in energy technology, it is a change of mindset and the future way\r\nof doing business. Strict energy efficiency criteria and forward thinking,\r\ninnovative and practical energy policies of the Republic of Turkey sets an\r\nexample to rest of the world in terms of reducing GHG emissions and\r\ntransforming heavy industry into state of the art modern, facilities.\r\nCurrently, many landfill biogas-fueled power plants biomass-powered industrial\r\nfacilities exist in the Republic of Turkey. As a nation bridging the East and\r\nthe West, CETY's Turkish installations will serve as showcases to the rest of\r\nthe world. Benefits of environmentally friendly small, scalable waste to\r\nenergy solutions are undeniable and the exponential growth of that industry is\r\nimpossible to ignore. Florya Energy is pleased to work with Clean Energy\r\nTechnologies and introduce their product line into our extensive client base.\r\nCETY's technology is a perfect fit for our business and we are excited about\r\nwhere this agreement will lead.\"\r\n\r\nThe Biogas markets represent one of most sizable industries and gaining\r\nexposure to this industry is no small feat and could take CETY to an entirely\r\nnew level. Global Market Insights reports the waste to energy market size was\r\n$20.86 Billion in 2015 of which thermal based waste to energy technology\r\noccupied a significant percentage of the market, which may surpass $29 billion\r\nby 2023.\r\n\r\nhttps:\/\/www.bloomberg.com\/press-releases\/2018-12-04\/clean-energy-technologies-signs-with-corycos-group-to-market-and-sell-products-in-turkey-closes-first-sale<\/span><\/a>\r\n\r\nAbout Clean Energy Technologies, Inc. (CETY)\r\n\r\nClean Energy Technologies, Inc. designs, builds, and markets clean energy\r\nproducts focused on energy efficiency and environmental sustainability\r\ntechnologies.\u00a0 The Company's principal product is the Clean Cycle II ORC heat\r\nrecovery generator, offered by CETY's subsidiary Heat Recovery Solutions,\r\n(www.heatrecoverysolutions.com).\u00a0 \u00a0Our Clean Cycle II™ ORC heat recovery\r\ngenerator uses our patented magnetic bearing turbine technology to capture\r\nwasted heat from industrial manufacturing, waste processing and power\r\ngeneration facilities and converts it into electricity that can be used or\r\nsold back to the grid.\u00a0 CETY's Clean Cycle II ORC heat recovery generator is\r\ndistinguished from its competitors by its magnetic bearing turbine technology\r\noffering lower maintenance and higher efficiency. CETY has more than 1,000,000\r\nfleet operating hours and 8 years of history in the field.\r\n\r\nCETY's technology allows municipal, commercial, and industrial generating\r\nwasted heat from industrial processes or energy production, to improve their\r\nenergy efficiency without burning additional costly fuel, or polluting the\r\nenvironment, and, at the same time, reducing\u00a0their maintenance costs for heat\r\nrecovery.\u00a0 CETY's engineering and manufacturing resources support the Heat\r\nRecovery Solutions business, as well as CETY's other technologies.\u00a0\r\nHeadquartered in Costa Mesa, California, CETY's common stock is currently\r\ntraded on the OTC Market under the symbol CETY.\u00a0 For more information, visit\r\nwww.cetyinc.com<\/a> or www.heatrecoverysolutions.com<\/a>\r\n\r\nAbout Florya Energy\r\n\r\nFlorya Energy (www.floryaenergy.com<\/a>) designs, builds, and operates renewable energy\r\nfacilities across multiple countries for its own investment and on behalf of\r\nIndustrial, Government and Utility clients. Florya Energy developed and built\r\nover 33MWs of utility scale and industrial solar farms in Turkey,\r\nCanada and United States. Separately, Florya Energy currently operates\r\nutility scale solar farms in Turkey, where visionary and forward-thinking\r\nenergy policies of the Turkish Government leapfrogged the renewables industry\r\nin the past five years.\r\n\r\nOur financial depth combined with technical know-how allows us to\r\ncommercialize frontier technologies and innovate business models to make an\r\nimpact worldwide. www.floryaenergy.com<\/a>\r\n\r\nSafe Harbor Statement\r\n\r\nAll statements in this press release that are not historical are\r\nforward-looking statements made pursuant to the \"safe harbor\" provisions of\r\nthe Private Securities Litigation Reform Act of 1995. There can be no\r\nassurance that actual results will not differ from the company's expectations.\r\nYou are cautioned not to place undue reliance on any forward-looking\r\nstatements in this press release as they reflect CETY's current expectations\r\nwith respect to future events and are subject to risks and uncertainties that\r\nmay cause actual results to differ materially from those contemplated.\r\nPotential risks and uncertainties include, but are not limited to, the risks\r\ndescribed in CETY's filings with the Securities and Exchange Commission.\r\n<\/pre>\n","protected":false},"excerpt":{"rendered":"
Clean Energy Technologies Signs with Florya Energy to Market and Sell Products in Turkey, Closes First Sale COSTA MESA, Calif., Dec. 4, 2018 COSTA MESA, Calif., Dec. 4, 2018 \/PRNewswire\/ — Clean Energy Technologies, Inc. (OTC:CETY), a rapidly growing designer and producer of energy efficient & environmentally sustainable products with its patented magnetic turbine heat…<\/p>\n","protected":false},"author":1,"featured_media":7271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-basinda-biz"],"acf":[],"yoast_head":"\nBloomberg: CETY Signs with Florya Energy to Market and Sell Products in Turkey, Closes First Sale - Florya Energy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/floryaenergy.com\/tr\/partnership-announcement\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bloomberg: CETY Signs with Florya Energy to Market and Sell Products in Turkey, Closes First Sale - Florya Energy\" \/>\n<meta property=\"og:description\" content=\"Clean Energy Technologies Signs with Florya Energy to Market and Sell Products in Turkey, Closes First Sale COSTA MESA, Calif., Dec. 4, 2018 COSTA MESA, Calif., Dec. 4, 2018 \/PRNewswire\/ -- Clean Energy Technologies, Inc. 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