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Clean Energy Technologies, Inc. (NASDAQ:CETY) ("CETY"), a leader in clean energy and waste-heat recovery solutions & technologies, today announced a strategic collaboration with Qymera Global Energy Ltd. (QGE) to advance and commercialize the DeepFyre™ geothermal power system, designed to provide highly scalable, cost-efficient, zero-emission baseload power for island nations and emerging global markets.
The collaboration integrates CETY's proprietary heat-to-power and Organic Rankine Cycle (ORC) systems, and its strategic alliance with Exergy International Srl heat to power solutions, with Qymera's DeepFyre™ monobore geothermal platform — a next-generation well architecture utilizing advanced resin-based casings to enhance heat transfer and reduce drilling complexity. Together, the companies aim to redefine geothermal deployment through modular 5-MW to 50-MW units that reduce capital costs and accelerate time to power.
Posted In: CETY
