Company Overview

Clean Energy Technologies, Inc. (CETY) is a clean energy company focused on the design, manufacture, and deployment of energy efficiency and waste heat recovery solutions. The company primarily operates in the industrial energy efficiency and distributed power generation segments, serving customers seeking to reduce fuel consumption, emissions, and operating costs. Its core offering centers on converting waste heat and low-pressure gas into usable electrical power, positioning the company within the broader clean technology and decarbonization industries.

Founded in the late 1990s, the company evolved from a diversified clean energy developer into a more focused provider of proprietary waste heat recovery systems. Over time, CETY narrowed its strategy toward commercializing turbine-based technologies for industrial, oil and gas, and power generation customers. The company has historically operated as a development-stage and early commercialization enterprise, with revenue generation closely tied to project-based system sales and licensing.

Business Operations

The company’s primary business operations are conducted through its wholly owned subsidiary Clean Energy Technologies, Ltd., which holds and commercializes the company’s core technology portfolio. Revenue is generated mainly through the sale, installation, and servicing of waste heat recovery systems, as well as engineering and project development services. These systems are designed to capture exhaust heat from industrial processes, compressors, and engines and convert it into electricity.

Operations are primarily project-driven and include both domestic and international customers. The company controls proprietary turbine and system integration technology, including designs optimized for low-temperature and low-pressure exhaust streams. CETY does not report multiple diversified operating segments; instead, its activities are concentrated within a single clean energy solutions business line. Public disclosures indicate limited large-scale joint ventures, with growth historically pursued through direct sales and technology deployment rather than extensive partnerships.

Strategic Position & Investments

CETY’s strategic direction emphasizes commercialization and scaling of its waste heat recovery technology in markets where energy efficiency mandates and fuel cost pressures are increasing. Growth initiatives have focused on expanding sales pipelines in industrial and energy infrastructure markets, particularly applications where waste heat is abundant and grid power is costly or constrained. The company has also highlighted efforts to improve manufacturing efficiency and system standardization to enhance margins.

Historically, the company has made targeted investments in technology development rather than pursuing frequent acquisitions. Its intellectual property portfolio and engineering expertise represent its primary strategic assets. Public disclosures do not indicate a broad portfolio of operating subsidiaries or equity investments; therefore, information regarding significant acquisitions or minority investments is limited. Where disclosures are unclear, data inconclusive based on available public sources.

Geographic Footprint

Clean Energy Technologies, Inc. is headquartered in California, United States, and its operations are managed primarily from the U.S. The company reports sales and project activity in North America, with additional exposure to Europe and parts of Asia, primarily through project-based international deployments rather than permanent foreign facilities.

International operations are generally conducted through distributors, agents, or project partners rather than wholly owned overseas subsidiaries. While the company has identified global markets as a strategic opportunity, its operational footprint remains relatively concentrated, with international revenue varying significantly by period depending on contract timing and project execution.

Leadership & Governance

The company is led by an executive team with experience in energy technology, engineering, and corporate management. Leadership has emphasized a strategy centered on commercial discipline, technology validation, and gradual market expansion rather than rapid, capital-intensive growth.

Key executives include:

• Kam Mahdi – Chief Executive Officer
• Bill Dell’Orco – Chief Financial Officer
• Vahid Fotuhi – Chief Technology Officer
• John K. Harman – Chairman of the Board

The governance structure follows a traditional public company model with a board of directors overseeing management. The leadership philosophy, as reflected in public filings and investor communications, focuses on leveraging proprietary technology to address energy efficiency challenges while managing capital constraints common to small-cap clean energy companies.