Clean Energy Technologies
Converts waste heat and waste into energy while trading natural gas in China.
Something off on this page? Send us feedback.
Profile
Turns industrial waste heat into electricity with ORC systems, develops HTAP waste-to-energy projects, and resells natural gas in China. Revenue spans equipment, engineering and service work, project development, and commodity resale, while permitting and financing shape the waste-to-energy business.
Converts industrial waste heat into electricity through Clean Cycle™ organic Rankine cycle generators, sold alongside engineering, delivery, refurbishment, and technical-support services. The offered range extends from modular sub-megawatt units to larger projects through its Exergy relationship.
Develops HTAP™ high-temperature ablative pyrolysis facilities that turn agricultural, forestry, food, industrial, and municipal waste into outputs such as electricity, heat, renewable gas, and biochar. It also resells natural gas through subsidiaries in China and provides integrated power, battery storage, procurement, consulting, and project-management capabilities.
Operates across North America, Europe, and Asia from facilities that include Irvine, Treviso, Antalya, Hong Kong, and Chengdu. Clean-energy projects depend on permitting, project finance, supply chains, energy economics, and policy; natural-gas trading depends on wholesale supply, spot resale prices, trucking, and PRC conditions.
Company facts
Key statistics
Year to date +39.2% · Average volume (30d) 24.3K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 19, 2026Q2 FY26 | — | −$0.09 | — | — | $371.9K | — | +1.58% |
| Aug 18, 2026Q2 FY26 | — | −$0.05 | — | — | $371.9K | — | +2.74% |
| Jul 27, 2026Q2 FY26 | — | −$0.05 | — | — | — | — | +4.40% |
| Jun 5, 2026Q1 FY26 | — | −$0.23 | — | — | $783.7K | — | +1.33% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $791.9K | $236.3K | $773.6K | $359.9K | $783.7K | $371.9K | |
| Gross profit | $728.6K | $223.7K | $183.1K | −$539.7K | −$13.9K | $17.6K | |
| Operating income | −$96.1K | −$718.4K | −$1.3M | −$393.6K | −$719.3K | −$756.1K | |
| Net income | −$331.2K | −$1.0M | −$2.0M | −$3.3M | −$662.2K | −$1.1M | |
| Diluted EPS | −$0.11 | −$0.29 | −$0.47 | −$0.57 | −$0.05 | −$0.09 | |
| Gross margin | 92.0% | 94.7% | 23.7% | -150.0% | -1.8% | 4.7% | |
| Operating margin | -12.1% | -304.0% | -172.6% | -109.4% | -91.8% | -203.3% |
Fiscal years (4-quarter sums)FY21 $1.3M · FY22 $2.7M · FY23 $12.8M · FY24 $2.4M · FY25 $2.2M
Revenue by product · FY24
Balance sheet, Jun 30, 2026Cash & short-term investments $19.7K · Total debt $3.9M · Total assets $13.9M · Shareholders' equity $6.0M
Dividends
No dividends on record.
Ownership
Shares outstanding 5.18M · Float 2.25M · 43.5% free float
Insiders — no current Form 4 position.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Beacon Pointe Advisors, LLC | 92.3K | 1.78% | 13F | May 15, 2026 |
| Geode Capital Management, LLC | 81.3K | 1.57% | 13F | May 15, 2026 |
| Citadel Advisors LLC | 77.3K | 1.49% | 13F | May 15, 2026 |
| Jane Street Group, LLC | 18.9K | 0.37% | 13F | May 12, 2026 |
| XTX Topco Ltd | 16.2K | 0.31% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Dec 15, 2025 | Kambiz Mahdi | director, officer: CEO | +650,561 | $2.50 |
| Dec 3, 2025 | Kambiz Mahdi | director, officer: CEO | +500,000 | $2.00 |
Peers
- Ormat Technologies
Recovered-energy plants rival modular waste-heat generation.
- Babcock & Wilcox Enterprises
Established energy-from-waste boilers and project services.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Clean Energy Technologies | $1.03 | 0.00% | $5.3M | — | — | 2.3 | +57.4% |
| Ormat Technologies | $102.00 | −1.00% | $6.33B | 50.8 | 53.3 | 5.3 | +10.6% |
| Babcock & Wilcox Enterprises | $7.15 | −0.21% | $1.07B | — | 26.1 | 1.3 | +121.9% |
| Median | 50.8 | 39.7 | 3.3 | +66.3% |