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Clean Energy Technologies Executes Letter Of Intent With Hoppy Power Over Deployment Of Proprietary High Temperature Ablative Pyrolysis Echnology For Waste-To-Energy Applications

Benzinga·03/30/2026 12:47:10
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Clean Energy Technologies, Inc. (Nasdaq: CETY) ("CETY" or the "Company"), a clean energy technology and solutions provider focused on converting waste and heat into power and fuels, today announced the execution of a non-binding Letter of Intent ("LOI") with Hoppy Power Ltd. ("Hoppy Power") to evaluate and advance the deployment of CETY's proprietary High Temperature Ablative Pyrolysis (HTAP™) technology for waste-to-energy applications.

This initiative represents a meaningful step toward near-term deployment and initial commercialization, with defined milestones in 2026 expected to include engineering validation, permitting progression, and advancement toward definitive agreements. The Company anticipates providing further updates as these milestones are achieved, supporting visibility into execution and potential follow-on deployment opportunities.

As part of this collaboration, Westlock, Alberta has been identified as the initial site under evaluation for a potential first deployment, representing a key step toward commercialization of CETY's modular waste-to-energy platform. Deployment of CETY's solution is expected to support the local community by addressing waste management challenges while generating clean, distributed energy. The site is being evaluated based on favorable access to feedstock, existing infrastructure, and a supportive development environment. The parties intend to advance technical validation, engineering design, and project development activities targeting execution beginning in late 2026, subject to successful evaluation, permitting, and execution of definitive agreements.