Clean Energy Technologies, Inc. ("CETY") (NASDAQ:CETY), a clean energy manufacturing and services company offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-size projects in North America, Europe, and Asia, is pleased to announce the signing of a pivotal service agreement with Green Energy Ventures LTDA ("GEV"), a specialized consultancy firm in the renewable energy sector in Brazil. This partnership marks a significant step in CETY's strategic expansion into the Brazilian market, positioning the company to capitalize on the growing demand for sustainable energy solutions in the region.
Under the terms of the agreement, GEV will act as CETY's exclusive authorized distributor and commercial agent within Brazil, responsible for market assessment, business development, and the coordination of product installations. With this partnership, CETY is poised to tap into Brazil's expanding market for energy efficiency and waste heat to power applications. GEV's local presence and expertise will be key in securing contracts with major industrial players seeking to enhance their energy efficiency and reduce operational costs through CETY's cutting-edge technology.