CETY Secures LOI for Multiple Battery Energy Storage Projects in New York

Clean Energy Technologies, Inc. (Nasdaq: CETY) (the “Company” or “CETY”), a clean energy technology company delivering scalable solutions and technologies in power generation, storage, waste-to-energy, and heat-to-power, announced that it has entered into a Letter of Intent (LOI) with Lease Advisory Group (LAG) to serve as the Engineering, Procurement, and Construction (EPC) contractor for multiple Battery Energy Storage System (BESS) projects in New York.

The projects, located across New York State, represent a significant milestone for CETY’s clean energy infrastructure business. The Company anticipates that each site is expected to integrate 5MW / 20MWh of energy storage, paired with rooftop solar and electric vehicle charging loads.

These systems will be designed to generate revenue through New York State’s Value of Distributed Energy Resources (VDER) program and ancillary grid services, while also supporting reliability, resilience, and decarbonization of the state’s power grid.

Under the LOI, CETY will provide a full scope of EPC services, including:

• Planning, preliminary and detailed engineering design
• Procurement of equipment, materials, and services
• Construction, installation, quality control, testing, and commissioning
• Compliance with prevailing wage, domestic content, and other regulatory requirements

“This award demonstrates CETY’s growing role as a trusted EPC partner for large-scale energy storage projects,” said Kam Mahdi, CEO of CETY. “Battery storage is critical to balancing renewable generation with grid demand, and these projects should place us at the center of New York’s clean energy transition.”

With this award, CETY continues to expand its portfolio of advanced clean energy projects, delivering technologies that bridge renewable generation, grid stability, and electrification infrastructure.

Clean Energy Technologies | www.cetyinc.com