Clean Energy Technologies Inc (CETY)

[SPM555]

Another order in for CETY's HRS generator, this one making it's way to Broadway. Interesting system this building is incorporating, definitely the wave of the future and great sign to see CETY involved.

1540 Broadway Elects To Go Green With CETY PR Newswire   "Press Releases US - English"

COSTA MESA, Calif. , Sept. 25, 2017 /PRNewswire/ -- Clean Energy Technologies, Inc. (OTC: CETY) announced that it has secured an initial $260,000 order for its Clean Cycle II Heat Recovery Solutions (HRS) Organic Rankine Cycle (ORC) Generator with Smart Source Energy for integration with Smart Source Energy's Combined Heat to Power (CHP) system.

The 1540 building on Broadway has elected to Go Green with a 1560 Kilowatt CHP system from Smart Source Energy. The system is designed to provide continuous power for the building while also reducing the buildings carbon footprint by utilizing the waste heat to heat the building in the cooler months. The building also elected to install state of the art high efficiency condensing boilers to heat the building in conjunction with the CHP. The CHPs waste heat will also be utilized in the warmer months by using it to create an additional 140 KW of capacity using CETY's state of the art Heat Recovery Solutions ORC Generator.CETY's HRS Generator creates additional electricity, and is powered by the CHPs waste heat, reducing the emissions profile while efficiently using the energy in the waste heat stream.

Additionally, the building will add a state of the art building monitoring system that incorporates NANTUM Energy Dashboard that uses sensors that measure the buildings occupancy to adjust the operation of the buildings systems to optimal efficiency. Overall the project will have a tremendously positive impact on 1540 Broadway energy profile, and is exemplary of what can be achieved with high rise real estate assets.

CHP cogeneration applications can be implemented in a wide range, from very small to large installations. CHP cogeneration can both provide heat, and serve chillers for cooling applications. Customers can utilize the electrical and thermal energy in various configurations.Some of the examples include office buildings, hospitals, waste water treatment plants, apartment & condominium complexes, and many more.

"We have been targeting the CHP vertical market as part of our expansion strategy in the domestic markets, and this is just the first in what we expect will be many integrations of our HRS system into CHP applications. CHP remains an underutilized resource in the US today and we are excited to begin applying our unique technology to the CHP market sector. The strategic relationship that we have formed with Smart Source Energy will result in product offerings that will significantly increase industrial efficiency and decrease unnecessary fuel consumption. CHP already has a large presence in the U.S. , withapproximately 4,300 installations in all 50 statesandapproximately 130 GW of remaining technical potential for electricity generation. CHP is also recognized for its potential to significantly reduce carbon emissions and to reliably generate power, even during emergency situations," said Kam Mahdi , CEO of CETY.