Clean energy tax incentives for CETY technologies preserved in new bill

IRVINE, CA - Clean Energy Technologies, Inc. (Nasdaq:CETY), whose stock has declined over 65% year-to-date according to InvestingPro data, announced Tuesday that its technologies should remain eligible for federal clean energy tax incentives following the passage of the One Big Beautiful Bill Act (OBBBA), which was signed into law on July 4, 2025.

According to the company’s press release, CETY’s waste heat-to-power, biomass combined heat and power, and battery storage technologies should continue to qualify for Investment Tax Credits of up to 30% and Production Tax Credits of up to 1.5 cents per kilowatt-hour, provided they meet requirements for zero greenhouse gas emissions and labor standards. With a market capitalization of $13.15 million and current InvestingPro Financial Health Score indicating weak fundamentals, these incentives could be crucial for the company’s growth prospects.

"Unlike solar, wind, EV, or hydrogen projects, many of which face new limitations, our technologies remain fully supported," said Kam Mahdi, CEO of CETY.

The legislation maintains incentives for qualifying projects that began construction by December 31, 2024, or new projects that meet stricter requirements including zero or net-negative lifecycle greenhouse gas emissions, compliance with prevailing wage guidelines, and use of U.S.-sourced components.

The updated tax credits will gradually phase down starting in 2033 and end by 2035, creating a defined timeframe for utilizing these incentives.

CETY offers technologies for converting agricultural waste into clean energy, capturing waste heat from industrial processes, utilizing geothermal resources, and providing power solutions for applications like data centers.

The company also stated it anticipates resolving its Nasdaq price deficiency by November 3, 2025.

Clean Energy Technologies is based in Irvine, California, and focuses on providing zero-emission energy solutions across North America, Europe, and Asia. Despite a high gross profit margin of 77.6%, InvestingPro analysis reveals the company is currently unprofitable with negative EBITDA of $2.38 million in the last twelve months. InvestingPro subscribers have access to 12 additional key insights about CETY’s financial performance and market position.

In other recent news, Clean Energy Technologies, Inc. announced securing $12 million in funding for the Vermont Renewable Gas biomass waste to energy project. This project includes a $20 million long-term operations and maintenance agreement, with CETY as the technology provider. In addition to this, CETY has formed strategic partnerships with Metis Power and Exergy to offer integrated systems, including power generation and energy storage. The company is also addressing tariffs by pursuing international manufacturing partnerships to optimize efficiency.

Moreover, CETY has secured a $500,000 project with Qymera set for Q1 2025, deploying proprietary technology in sectors such as industrial manufacturing and data centers. A strategic agreement with Sagacity was also announced, with an initial $400,000 in sales aimed at developing a 350 kW magnetic bearing Organic Rankine Cycle system. This collaboration aims to enhance CETY’s supply chain and advance next-generation ORC technologies. However, due to declining natural gas prices and reduced demand, CETY expects lower near-term revenues from its natural gas activities, deferring the Shenzhen Gas joint venture until market conditions improve.

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