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CETY, Inc Signs Agreement To Launch Asia Headquarters In Meishan California Smart City, A Model City For Clean Energy & Technology Development In China
COSTA MESA, Calif., Sept. 23, 2020 /PRNewswire/ -- Clean Energy Technologies, Inc. (OTCQB : CETY) a California-based leader and global innovator in clean
About this update from Clean Energy Technologies, Inc.
[{"type":"text","content":"COSTA MESA, Calif., Sept. 23, 2020 /PRNewswire/ -- Clean Energy Technologies, Inc. (OTCQB : CETY) a California-based leader and global innovator in clean energy generation and sustainability-focused technologies, signed an agreement on September 22, 2020 to launch its Asia headquarters in Meishan California Smart City (MCSC). MCSC is located in the Tianfu New Area of Sichuan Province, a booming technology, energy, and innovation zone with projected economic output of USD 177 billion by 2030. MCSC is a clean energy generation, transmission, storage and R&D innovation ecosystem, responding to China's rapidly increasing demand for renewables. MCSC is a joint venture of Jiayue Real Estate Company Co, Ltd, and the international agricultural and real estate giant COFCO––total annual revenues of USD 31 billion. The joint venture will promote sales and application of CETY's products and solutions. COFCO embraces several sectors highly compatible with CETY products and technology, including its Clean Cycle II applications, which are also ideal for integration into the MCSC infrastructure.\nCETY, a publicly traded company, has gained worldwide recognition for low-cost, zero emissions heat-to-power and waste-to-energy solutions that create clean energy from industrial waste heat or biomass. CETY plans to use its MCSC headquarters to expand sales and service of its energy solutions, tapping into the enormous markets across China and Asia, and to pursue collaborations with other global energy and technology enterprises. MCSC's focus on eliminating carbon emissions and providing a green, clean, and ergonomic live/work environment that promotes health, well-being, productivity, and global connectivity, is perfectly aligned with CETY's strategy to broaden its portfolio with companies that deliver these benefits. \nMCSC is at the center of a population of over 500 million, five internationally recognized science and technology universities, and a highly skilled workforce. The region is acclaimed for environmental stewardship, arts and literary contributions, iconic cuisine, and transformative innovation and engineering achievements going back centuries. It is a world ecotourism destination, with 5 UNESCO World Heritage sites such as the Giant Panda Sanctuary and is the birthplace of the Daoist spiritual movement. Sichuan has seamless transportat...