CETY Secures $10 Million New York Battery Project, Signaling Major Expansion in Energy Storage

$10 Million Project Marks Largest-Ever Energy Storage Deal for CETY

Clean Energy Technologies, Inc. (NASDAQ:CETY) just announced its biggest leap in the energy storage arena to date, securing a $10 million Battery Energy Storage System (BESS) project in New York. Not only is this their largest single storage award, but the company sees it as the first of a series of sizable deployments set to follow across the state.

The deal calls for CETY to deliver a 5MW / 20MWh standalone battery system, helping support grid reliability and efficiency under New York’s ambitious Value of Distributed Energy Resources (VDER) program. With flexibility to eventually expand up to 20MW/80MWh at the same location, the project reflects CETY’s growing scale—and New York’s push toward cleaner, more resilient power infrastructure.

Full-Service Role Poises CETY for Further Growth

Under the contract, CETY takes on engineering, procurement, construction (EPC), system testing, and regulatory compliance—essentially acting as a one-stop shop for the project’s delivery. CEO Kam Mahdi highlighted this milestone as validation of CETY’s EPC capabilities and as the starting gun for more high-value deals ahead: “Battery energy storage is essential for grid stability and renewable integration. Securing this project sets the stage for a pipeline of additional BESS installations we expect to close soon.”

Contracted Backlog Surpasses $20 Million, Targeting Financial Strength

Heading into the new year, CETY boasts more than $20 million in contracted backlog—a testament to strong market demand for its storage, waste-to-energy, and heat-to-power systems. With larger, higher-margin projects in the pipeline, management aims to move the business into positive free cash flow territory and enhance access to low-cost capital. This, in turn, could fuel further growth through strategic acquisitions.

Expanding Across Grid Modernization, Waste-to-Energy, and Power Generation

CETY’s growing focus on storage builds upon its broader multi-technology approach—including waste-to-energy and heat-to-power. By moving further into grid-scale battery systems, the company positions itself as a solutions provider for grid modernization and distributed energy—sectors forecast to accelerate as electrification ramps up and grid resiliency takes priority.

This momentum comes at a crucial time, as utilities and markets increasingly need scalable battery projects for peak shaving, grid services, and integration of renewables.

What This Means for Investors

The $10 million BESS award isn’t just a headline number; it points to a broader, growing opportunity in the energy transition space. Investors and industry watchers should note CETY’s increasing backlog and expanding project pipeline, both indicators of business momentum. If management can execute on these high-margin, large-scale projects, CETY could improve its cash flows, gain market share, and emerge as a strategic consolidator in clean energy infrastructure.

For more details on Clean Energy Technologies, Inc., visit their official website or check regulatory filings for in-depth financials and future outlook.

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