Clean Energy Technologies, Inc. Leads Discussions on Sustainable Energy at APEC 2023

• CEO Kam Mahdi addresses an audience of CEOs and government leaders including California State Treasurer and APEC Leaders Week co-host, Fiona Ma, about the path to a resilient and sustainable future
  
• Chinese President Xi Jinping’s remarks about fostering development in green and low carbon economy reinforces CETY’s strategy to provide clean energy solutions to China and beyond
  
• CETY’s participation and global partnerships in end-to-end clean energy initiatives further exemplify the APEC mission
  

COSTA MESA, CA., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (NASDAQ: CETY) (“CETY” or the “Company”), a rising leader in clean energy solutions, today announced its participation in the Asia Pacific Economic Conference (APEC) 2023, held in San Francisco. Under the theme “Making Smart Sustainable,” CETY’s CEO, Kam Mahdi, led discussions focused on forging a resilient and sustainable through technological means.

This year’s APEC, attended by leaders from its 21 member countries, featured a landmark meeting between Chinese President Xi Jinping and United States President Joe Biden. Their discussion centered on bolstering the sustainability partnership between the world’s two largest economies.

CEO Kam Mahdi of CETY emphasized the significance of global collaboration in his address: “Achieving a resilient, sustainable future hinges on international cooperation. It’s essential for governments to lead the way by implementing supportive policies and incentives that fosters this goal.”

Over the last five years, CETY has expanded its global footprint, aligning with the cooperative spirit championed at APEC. A testament to this expansion is CETY’s partnership with Natural Gas Pipeline Network Group Co., Ltd. (NGPNG), in China, reflecting China’s shift from coal to renewable energy. This partnership grants CETY access to China’s natural gas network. The reach of NGPNG’s infrastructure across China not only facilitates CETY’s access to international gas imports but also expands the company’s sales capabilities through NGPNG’s network.

To further underscore CETY’s dedication to renewable energy initiatives, the company announced a 20-year Power Purchase Agreement (PPA) in 2023. This agreement, forged between Vermont Renewable Gas, LLC (VRG), a limited liability company affiliated with CETY and VEPP, Inc., a not-for-profit corporation that administers two of Vermont’s Renewable Energy Programs under contract with the Vermont Public Utility Commission, involves the sale of all electric power and other related benefits derived from a 2.2-megawatt biogas facility in Lyndonville, Vermont. CETY is set to take the helm in the design, construction, and operational management of this facility, employing its innovative high-temperature ablative fast pyrolysis reactor (HTAP Biomass Reactor).