olivLaw · US equity research
Clean Energy Technologies, Inc. CETY
Natural Gas Distribution · SIC 4924 · Vertical: Natural Gas Distribution (SIC 4924)
Clean Energy Technologies, Inc. develops renewable energy products, from recovering waste heat to converting waste into electricity and renewable natural gas. The company has modest revenue, around 2.16 mn USD in 2025, and operates under a going concern warning, which makes financing central to its strategy.
At the close of 04 Nov 2026, Clean Energy Technologies, Inc. (CETY) stock was 0.86 USD (−4.47% on the day), with market capitalisation 10.4 m USD, beta 0.51, 52-week range 0.46–2.32 USD. Latest reported quarter (Q2 2026): revenue of 371.9 k USD (+57.4% YoY), net income of -1.1 m USD, diluted EPS -0.09 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 40.8
- weak (30–45)
- Bollinger (20, 2)
- 0.84 – 1.02
- in the lower half of the band · %B 0.10 · band width 20.1%
- SMA 50 / 200
- 0.98 / 0.87
- mixed trend
- MACD (12, 26, 9)
- -0.03 / -0.02
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −10.9% | −1.1% | −9.8 pp | — |
| 3 months | −4.5% | −0.5% | −4.0 pp | — |
| 6 months | −10.8% | +4.4% | −15.1 pp | — |
| Year to date | +17.9% | +12.3% | +5.6 pp | — |
| 1 year | −44.1% | +13.5% | −57.7 pp | +3.9% |
| 3 years | −96.7% | +76.4% | −173.2 pp | +42.7% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 196.1 k | 235.2 k | 480.3 k | 441.9 k | 236.3 k | 773.6 k | 783.7 k | 371.9 k |
| Cost of revenue | 20.1 k | 22.6 k | 275.3 k | 30.1 k | 12.6 k | 590.4 k | 797.6 k | 354.3 k |
| Gross profit | 176.0 k | 212.5 k | 205.0 k | 411.9 k | 223.7 k | 183.1 k | -13.9 k | 17.6 k |
| Research & development | 0 ≈ | 0 ≈ | 0 | 0 | 0 ≈ | 0 ≈ | 0 | — |
| Operating income | -973.9 k | -759.3 k | -778.6 k | -412.8 k | -718.4 k | -1.3 m | -719.3 k | -756.1 k |
| Depreciation & amortisation | 3.0 k | 3.0 k | 0 | 3.0 k | 3.0 k | 3.0 k | 3.0 k | 3.0 k |
| Interest expense | — | — | — | — | 13.5 k | — | — | — |
| Pre-tax income | -818.7 k | -1.3 m | -1.0 m | -660.0 k | -1.0 m | -2.0 m | -661.4 k | -1.1 m |
| Income tax | — | — | — | 49 | 0 ≈ | 0 ≈ | 825 | -45 |
| Net income | -818.7 k | -1.3 m | -1.0 m | -660.1 k | -1.0 m | -2.0 m | -662.2 k | -1.1 m |
| Diluted EPS | -0.29 | -0.41 | -0.35 ≈ | -0.21 | -0.27 | -0.44 | -0.05 | -0.09 |
| Operating cash flow | -740.4 k ≈ | -1.2 m ≈ | -772.3 k | -776.0 k | -764.5 k ≈ | -4.6 m ≈ | -836.6 k | -828.0 k ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2017 | ⚠ 2018 | 2019 | 2020 | 2021 | 2022 | ⚠ 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 957.6 k | 1.3 m | 1.6 m | 1.4 m | 1.3 m | 2.7 m | 6.7 m | 2.4 m |
| Revenue YoY | −53.2% | — | +20.9% | −12.7% | −7.5% | +104.8% | — | −63.8% |
| Net income | -2.2 m | -2.8 m | -2.6 m | -3.4 m | 297.6 k | 147.4 k | -5.6 m | -4.6 m |
| Net income YoY | unavailable | — | unavailable | unavailable | unavailable | −50.5% | — | unavailable |
| Diluted EPS | -0.01 | unavailable | 0.00 | 0.00 | 0.00 | 0.00 | -2.19 | -1.58 |
| Diluted EPS YoY | unavailable | — | unavailable | unavailable | unavailable | unavailable | — | unavailable |
| net % | -231.3% | -211.1% | -158.8% | -244.4% | 22.9% | 5.5% | -83.8% | -187.7% |
| Free cash flow | unavailable | unavailable | -2.2 m | unavailable | unavailable | unavailable | -4.8 m | unavailable |
The series breaks before 2018, 2023: earlier years come from the original reports of the issuer of that time, later years from a subsequent filing that restated the perimeter (a separation, discontinued operations). The year-on-year change across the break is not shown.
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2024 · 31 Dec 2024
- Cash
- 62.1 k USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 1.9 m USD
- Total assets
- 8.7 m USD
- Debt / equity
- unavailable
- Current ratio
- 0.48x
- ROE
- -132.6%
- ROA
- -48.3%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 1.6 m | 1.4 m | 1.3 m | 2.7 m | 6.7 m | 2.4 m | SEC (XBRL)· 14 Apr 2025verified |
| Cost of revenue | 952.8 k | 654.9 k | 690.0 k | 1.5 m | 6.2 m | 1.6 m | SEC (XBRL)· 14 Apr 2025verified |
| Gross profit | 657.2 k | 751.1 k | 610.4 k | 1.2 m | 460.8 k | 846.6 k | SEC (XBRL)· 14 Apr 2025verified |
| Research & development | — | 0 | 0 | 0 | 0 | 0 | SEC (XBRL)· 14 Apr 2025verified |
| Operating income | -1.5 m | -1.2 m | -1.6 m | -989.8 k | -2.9 m | -3.3 m | SEC (XBRL)· 05 Jun 2026verified |
| Depreciation & amortisation | 41.4 k | 32.9 k | 32.3 k | 30.1 k | 26.7 k | 8.9 k | SEC (XBRL)· 14 Apr 2025verified |
| EBITDA | -1.4 m ≈ | -1.2 m ≈ | -1.5 m ≈ | -959.7 k ≈ | -2.9 m ≈ | -3.3 m ≈ | SEC (XBRL)· 05 Jun 2026derived |
| Interest expense | 1.3 m | 1.3 m | — | — | — | — | SEC (XBRL)· 15 Apr 2021verified |
| Pre-tax income | -2.6 m | -3.4 m | 278.5 k | 165.7 k | -5.7 m | -4.6 m | SEC (XBRL)· 05 Jun 2026verified |
| Income tax | — | — | — | 18.3 k | 22.2 k | — | SEC (XBRL)· 17 Apr 2024verified |
| Net income | -2.6 m | -3.4 m | 297.6 k | 147.4 k | -5.6 m | -4.6 m | SEC (XBRL)· 05 Jun 2026verified |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | -2.19 | -1.58 | SEC (XBRL)· 05 Jun 2026verified |
| Weighted average diluted shares | 641.3 m | 767.9 m | 1.4 bn | 27.7 m | 2.6 m | 2.9 m | SEC (XBRL)· 05 Jun 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 7.4 k | 414.9 k | 1.2 m | 149.3 k | 89.6 k | 62.1 k | SEC (XBRL)· 14 Apr 2025verified |
| Receivables | — | 265.7 k | 693.0 k | 1.4 m | — | — | SEC (XBRL)· 17 Apr 2023verified |
| Inventories | 630.2 k | 557.8 k | 462.2 k | 500.6 k | 666.4 k | 497.0 k | SEC (XBRL)· 14 Apr 2025verified |
| Current assets | 2.1 m | 1.5 m | 2.6 m | 4.0 m | 2.4 m | 3.2 m | SEC (XBRL)· 05 Jun 2026verified |
| Property, plant & equipment, net | 74.5 k | 53.4 k | 33.0 k | 14.8 k | 4.5 k | 2.9 k | SEC (XBRL)· 14 Apr 2025verified |
| Goodwill | 748.0 k | 748.0 k | 748.0 k | 748.0 k | 748.0 k | 748.0 k | SEC (XBRL)· 14 Apr 2025verified |
| Intangibles (excl. goodwill) | 1.2 m | 1.2 m | 2.7 m | 2.7 m | 2.7 m | — | SEC (XBRL)· 19 Aug 2024verified |
| Total assets | 4.3 m | 4.1 m | 6.4 m | 8.1 m | 10.2 m | 8.7 m | SEC (XBRL)· 05 Jun 2026verified |
| Accounts payable | 1.6 m | 1.5 m | 606.8 k | 860.4 k | 506.5 k | 1.5 m | SEC (XBRL)· 14 Apr 2025verified |
| Long-term debt | — | — | — | — | 257.9 k | — | SEC (XBRL)· 17 Apr 2024verified |
| Current liabilities | 8.9 m | 9.8 m | 6.9 m | 6.2 m | 4.2 m | 6.7 m | SEC (XBRL)· 05 Jun 2026verified |
| Total liabilities | 9.6 m | 11.4 m | 8.2 m | 6.2 m | 5.2 m | 6.8 m | SEC (XBRL)· 05 Jun 2026verified |
| Equity | -5.3 m | -7.2 m | -1.7 m | 1.9 m | 5.0 m | 1.9 m | SEC (XBRL)· 05 Jun 2026verified |
Cash flow · USD
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -2.2 m | -1.4 m | -2.6 m | -2.2 m | -4.8 m | -3.6 m | SEC (XBRL)· 14 Apr 2025verified |
| Capex | 8.0 k | — | — | — | 4.6 k | — | SEC (XBRL)· 14 Apr 2025verified |
| Free cash flow | -2.2 m ≈ | — | — | — | -4.8 m ≈ | — | SEC (XBRL)· 17 Apr 2024derived |
| Investing cash flow | -8.0 k | — | -1.5 m | -1.4 m | -318.6 k | 161.2 k | SEC (XBRL)· 14 Apr 2025verified |
| Financing cash flow | 2.2 m | 1.8 m | 4.8 m | 2.8 m | 5.1 m | 3.4 m | SEC (XBRL)· 14 Apr 2025verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 29.2% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 10.4 m USD
Key indicators
Coverage and freshness
Score by group
29% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · the input exists, but its latest figure is far older than the latest reported period: not used
- Peers: EV/EBITDAunavailable · the base of the ratio is not positive
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 29.2% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | -41.1% | 0 (vs peers) | 36% |
| Net margin · Quality | -245.9% | 0 (vs peers) | 21% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 23.1% | 100 (on a fixed band) | 29% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.0x | 16 (on a fixed band) | 14% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial16/100 · 1/3 factors with a value
- Growth· partial100/100 · 1/2 factors with a value
- Quality0/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
CLEAN ENERGY TECHNOLOGIES, INC. (CETY). Latest full fiscal year: 2024; data up to 2026-06-30.
Figures computed from the financial statements: revenue 2.4 m USD in 2024; YoY growth -63.8%; net margin -245.9%; ROE -76.3%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 29.2% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Revenue CAGR 3Y: 23.1%
What contradicts it
- ROIC: -41.1%
- Net margin: -245.9%
- Current ratio: 1.0x
Not assessed (insufficient data or a ratio without meaning): FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Natural Gas Distribution (SIC 4924) · same industry (4-digit SIC) · compared with 14 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| LNGCheniere Energy, Inc. | 59.6 bn | 20.3 | 45.7% | 13.1% | +27.2% | +40% / +60% |
| ATOAtmos Energy Corp | 29.8 bn | 21.0 | 9.8% | 28.5% | +12.9% | +0% / +55% |
| CQPCheniere Energy Partners, L.P. | 27.4 bn | 8.4 | — | 28.1% | +23.6% | +4% / −8% |
| NFGNational Fuel Gas Company | 7.3 bn | 10.6 | 19.6% | 26.9% | +17.1% | −7% / +51% |
| NJRNew Jersey Resources Corporation | 5.6 bn | 15.2 | 14.5% | 24.0% | +9.9% | +15% / +30% |
| SRSpire Inc. | 5.3 bn | 14.9 | 10.3% | 13.9% | −4.5% | +2% / +48% |
| OGSONE Gas, Inc. | 5.2 bn | 17.5 | 8.7% | — | +42.5% | −2% / +43% |
| MDUMdu Resources Group Inc | 4.2 bn | 20.8 | 7.0% | 10.7% | +6.7% | −7% / +87% |
| NWNNorthwest Natural Holding Company | 2.2 bn | 17.1 | 8.3% | 9.7% | +11.8% | +4% / +40% |
| NFENew Fortress Energy Inc. | 1.2 bn | — | -533.9% | -148.7% | −36.2% | +234% / −89% |
| SLNGStabilis Solutions, Inc. | 71.2 m | — | -14.0% | -17.4% | −6.9% | −18% / −16% |
| CETYClean Energy Technologies, Inc. | 10.4 m | — | -76.3% | -245.9% | −63.8% | −44% / −97% |
| VGVenture Global, Inc. | — | 9.1 | 54.7% | 22.3% | +176.9% | +61% / unavailable |
| EEExcelerate Energy, Inc | — | 26.8 | — | — | +44.3% | +22% / +105% |
| UGPUltrapar Holdings Inc. | — | — | 16.5% | 1.8% | +5.9% | +36% / +10% |
1- and 3-year price returns: for CETY from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Clean Energy Technologies, Inc. develops renewable energy products, from recovering waste heat to converting waste into electricity and renewable natural gas. The company has modest revenue, around 2.16 mn USD in 2025, and operates under a going concern warning, which makes financing central to its strategy.
SWOT
Strengths
- The Clean Cycle generator is described as highly efficient, with a magnetic design that reduces lubricants, downtime and operating costs, according to the company 1.
- The company holds an exclusive license for HTAP technology and global rights to certain products, giving it a niche advantage 1.
- Improved operating loss in 2025 points to progress on cost efficiency and a shift toward higher-margin segments 1.
Weaknesses
- The independent auditor expressed substantial doubt about the company's ability to continue as a going concern, and losses are recurring 1.
- Working capital was close to zero at June 30 2026, with a working capital deficit, limiting financial flexibility 2.
- The team is small, and dependence on key management and a few large projects increases operational vulnerability 1.
Opportunities
- If tax credits and support programs remain available, heat recovery and waste valorisation projects could become more attractive to customers 1.
- Rising data centre power demand could open markets for generation and storage in new projects 1.
- Partnerships with project development companies could accelerate expansion into biogas and hydrogen 1.
Threats
- Larger competitors may cut prices and gain market share, which could hurt the company's margins 1.
- Delisting risk from Nasdaq, if price-related compliance is not maintained, could limit access to capital 1.
- New technologies could make existing products less competitive, potentially reducing long-term sales 1.
Risks
- Going concernhigh
Without additional financing or cost reductions, the company could be forced to curtail operations, according to its auditor's qualification 1.
- Debt and debt servicehigh
If cash flow is insufficient, the company could default, and covenants on its revolving credit lines could be breached 1.
- Nasdaq listing compliancemedium
Earlier notices on minimum bid price and the annual meeting show that a new non-compliance could lead to delisting, affecting liquidity 1.
- China exposuremedium
Political, regulatory and tax risks in China, along with the deferred Shenzhen Gas project, could affect the subsidiary's results 1.
- Restatements and reportingmedium
The restatement of 2024 and 2023 financial statements points to internal control and reporting risks that could weigh on investor confidence 1.
Investment thesis
What would need to be true (bull case)
- If government support for clean energy remains stable, heat recovery products could become more competitive for industrial customers.
- If the Vermont project and other HTAP installations are completed, the company could demonstrate its technology at a larger scale.
- If the improvement in operating results continues, the company could reduce its reliance on external financing.
What would break the thesis
- If financing cannot be obtained on reasonable terms, the company could be forced to scale back or postpone expansion plans.
- If losses and financing costs from debt persist, available capital could remain insufficient for new projects.
- If larger competitors cut prices, the company's margins could be squeezed without offsetting gains in volume.
What to watch
- Outcome of financing rounds and debt restructuring2027
- Compliance with Nasdaq listing requirements2027
- China revenue trend and the decision on the Shenzhen Gas joint ventureQ1 2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
The company designs, produces and markets integrated solutions for energy efficiency and renewable energy, targeting commercial companies and municipalities. Its main lines are waste heat recovery with the patented Clean Cycle system, waste-to-energy conversion into electricity, RNG, hydrogen and biochar via HTAP technology, and engineering and project management services. In addition, subsidiary CETY HK in China trades natural gas, and records show this has been a significant part of recent revenue 2. The company reported a net loss of 6.81 mn USD in 2025 1.
Segments
Clean Energy HRS & CETY Europe
The waste heat recovery segment converts thermal energy into zero-emission electricity using the Clean Cycle generator and ORC systems, including units above 1 MW through the Exergy agreement 1.
CETY Renewables – Waste to Energy
The waste valorisation segment uses the HTAP reactor to produce electricity, renewable natural gas, hydrogen and biochar, with a planned project in Vermont 1.
CETY HK
The China subsidiary sells natural gas to industrial users and municipalities, bought in bulk at fixed prices and sold at daily spot prices; revenue from this segment rose in 2026 2.
Market context
The company operates in the market for small and mid-sized renewable energy projects, where waste-to-energy systems are increasingly sought as an alternative to incineration. The documents note that heat recovery systems may benefit from US federal tax credits, creating a supportive context, while demand depends on energy costs and grid capacity 1.
Trends
- Clean energy tax creditstailwind
US legislation offers an investment tax credit and clean electricity production credits, and the company says its products directly benefit from them 1.
- Energy costs and grid capacity shortfalltailwind
Limited grid capacity and higher energy prices could raise returns on heat recovery and waste-to-energy projects 1.
- Falling natural gas pricesheadwind
Declining natural gas prices and reduced industrial demand led the company to defer its Shenzhen Gas joint venture 1.
- Cost of capitalmixed
Reliance on external funding, together with convertible debt and going concern language, makes access to finance a mixed factor for growth 1.
Competitive position
According to the documents, competition is intense, and many rivals have financial, technical and distribution resources far larger than the company's. Competitors may offer project financing and cut prices, which could compress margins 1.
- European ORC system makers (including Enertime)
Named in the filings as a leader in producing ORC systems in Europe, relevant to heat recovery.
- Grate-based incineration providers
Grate thermal treatment is the most widespread waste-to-energy technology and is a cost-based alternative.
- Large turbine and power system manufacturers
Players with greater resources that could develop equivalent or superior products for the same market.
- Natural gas suppliers and traders in China
The China business operates in a competitive environment with local actors, as noted in the filings.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report21 Oct 2026Material agreement · Creation of a direct financial obligation · Item 3.02 · Financial statements and exhibits
- Current report14 Sept 2026Material agreement · Creation of a direct financial obligation · Item 3.02 · Financial statements and exhibits
- Quarterly report19 Aug 2026
- Current report14 Aug 2026Material agreement · Creation of a direct financial obligation · Item 3.02 · Financial statements and exhibits
- Current report31 Jul 2026Material agreement · Creation of a direct financial obligation · Item 3.02 · Financial statements and exhibits
- Quarterly report27 Jul 2026
- Current report16 Jul 2026Item 4.01 · Financial statements and exhibits
- Current report08 Jul 2026Material agreement · Creation of a direct financial obligation · Item 3.02 · Financial statements and exhibits
- Current report30 Jun 2026Departure or appointment of officers
- Current report08 Jun 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Clean Energy Technologies, Inc. · 05 Jun 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Clean Energy Technologies, Inc. · 19 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Clean Energy Technologies, Inc. · 24 Jul 2012
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.