CETY with RPG Energy Group to Implement Advanced Waste Heat to Power Generation Solution at Stanley Black & Decker Facility in Tennessee

--- --- Clean Energy Technologies (CETY) with RPG Energy Group and working with Stanley Black & Decker to deploy CETY’s advanced Waste Heat Generator at Stanley Black & Decker’s facility in Martin, Tennessee

COSTA MESA, CA., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (NASDAQ: CETY) (the “Company”), a clean energy manufacturing and services company, offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced that it has finalized an agreement with RPG Energy Group Inc. (“RPG”) and Stanley Black & Decker (“SBD”) to design, build, and install a Clean Cycle waste heat recovery system at SBD’s Martin Tennessee facility.

CETY will install a Heat Recovery Waste Heat Generator at SBDs facility in Martin Tennessee to convert its wasted heat to clean electricity. The generator will extract heat from the burn off furnace by inserting itself between the generation source and converts a portion of this rejected heat to electricity.

Stanley Black and Decker is committed to advancing the application of innovation to decarbonize operations. One of these efforts is the introduction of an advanced waste heat generation solution at its manufacturing facility in Martin, TN. The process of manufacturing outdoor tools is energy intensive. This waste heat solution captures heat that is otherwise vented into the atmosphere and instead converts this into electricity to be utilized at the facility. Applying this technology is expected to drive both CO2 reduction as well as operating efficiencies.

RPG Energy Group Inc., a leading energy efficiency and renewable energy integrator, supports works with Stanley Black and Decker to develop and integrate various energy projects in pursuit of the company’s sustainability and operating goals.

Jami Krynski, CEO of RPG stated, “Through this strategic relationship, CETY and RPG are well-positioned to deploy this cutting-edge thermal waste conversion technology to benefit Stanley Black & Decker’s Martin facility. We will further work to identify additional opportunities to expand the application of this solution across Stanley Black & Decker’s operations”.

Kam Mahdi, CETY’s CEO said, “Our Clean Cycle ORC will bring environmental and sustainable benefits to Stanley Black & Decker’s facility. This joint venture with RPG Energy & Stanley Black & Decker will significantly enhance the scalability of our heat recovery solutions. The investment tax credit also offers our customers increased incentive to implement waste heat generators and other forms of energy recovery solutions. This is a great opportunity to capitalize on, and we are excited for the future plants to replicate this model.”