Clean Energy Technologies (CETY) Launches Pacific Rim Initiative

Clean Energy Technologies, Inc. (OTC: CETY) announced that CETY officially launched its new campaign to deliver its energy solutions to Island Nations utilities at the Pacific Power Association's Annual Conference held earlier this month in Western Samoa.  CETY's Island Nation campaign is a key part of CETY's global initiative to help utilities and other target customers meet their energy efficiency and sustainability goals.

The PPA conference is a meeting of the utility leaders of Island Nations with select industry invitees.  At the PPA conference, CETY representatives met with Island Nation utility leaders and representatives of their technical teams to discuss the implementation of CETY's proprietary Clean CycleTM sustainable energy solutions.

From the discussions with utility representatives at the PPA conference, the CETY team identified in excess of 20 installations for its proven Clean Cycleâ„¢ II generator, which is based on the proprietary oil-free magnetic levitation turbine technology CETY acquired from General Electric International Inc.  CETY's CEO, Kam Mahdi, said, "We were very pleased and encouraged by the positive responses that our Clean Cycleâ„¢ heat recovery solutions technology and products received at the PPA conference.  We believe that we successfully communicated to key utility leaders the technical and operating advantages of the Clean Cycleâ„¢ technology over traditional oil-lubricated screw expander technologies. We expect our magnetic-bearing Organic Rankine Cycle technology will be able to play a key role in assisting both Island Nations utilities and utilities world-wide in achieving their energy sustainability and climate change goals."

At the PPA conference, CETY also announced that it expects to commission its two Clean Cycleâ„¢ heat-to-power generators installed in Majuro, Marshall Islands for the Marshall Electric Company (MEC) to help MEC offset engine fuel use and reduce CO2 emissions.

"CETY's implementation for MEC also includes CETY's creative lease financing structure, which we hope will facilitate rapid adoption and implementation of Clean Cycleâ„¢ solutions by other utilities world-wide.  We believe the ease of entry and long-term payment structure of the financing allows the utility user to align its investment with actual energy and cost savings realized through use of Clean Cycleâ„¢ units," said Kam Mahdi, CEO of CETY.

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