Clean Energy Technologies Business Summary

Clean Energy Technologies, Inc. (CETY) is a diversified renewable energy company that generates revenue through four primary business segments: Clean Energy Heat Recovery Solutions (HRS), CETY Renewables (Waste-to-Energy), Engineering and Manufacturing, and CETY HK (Natural Gas Trading). The company’s core business model relies on the sale and licensing of its patented Clean Cycle™ heat recovery generators, which convert waste heat into zero-emission electricity, alongside high-margin engineering, procurement, and construction (EPC) services for biomass and battery energy storage projects. Additionally, CETY maintains a significant revenue stream through natural gas trading operations in China, leveraging its Hong Kong subsidiary to supply industrial and municipal customers. In the competitive landscape, CETY contends with larger players such as Plug Power, FuelCell Energy, and Clean Energy Fuels Corp. While these competitors focus on large-scale hydrogen and utility infrastructure, CETY occupies a specialized niche as a micro-cap provider of modular, small-to-mid-sized waste-heat-to-power and biomass-to-energy solutions for industrial and municipal clients. The leadership team is led by Co-Founder, Chairman, and CEO Kam Mahdi, a veteran executive with over 30 years of experience in electronics manufacturing and product development, previously serving as CEO of Probe Manufacturing. He is supported by Chief Financial Officer Calvin Sean Pang, who joined the executive team in 2020 and brings a background in strategic capital allocation and corporate governance. The technical direction is overseen by Director of Technology Alex Skorokhodov, who leads the engineering of the company’s pyrolysis and heat recovery platforms, while Lance Woolley serves as the Director of Operations, managing the company’s manufacturing and project execution. The Board of Directors includes notable members such as Ted Hsu, an Executive Vice President at Preferred Bank with extensive commercial lending expertise, and Lauren Morrison, who provides international strategic perspective on global decarbonization. As of early 2026, the company remains heavily insider-owned, with approximately 37.5% of shares held by the management team, reflecting a high degree of alignment between leadership and long-term project development goals.