Clean Energy Technologies, Inc. partners with Qymera Global Energy Ltd. to advance DeepFyre™ geothermal power system for island nations and emerging markets. The collaboration aims to reduce capital costs and accelerate time to power through modular 5-MW to 50-MW units. Geothermal market valued at $8.75 billion in 2024 with expected growth to over $12 billion by 2033. The CETY–Qymera collaboration targets untapped geothermal potential, starting with pilot projects in the Caribbean and Central America, then expanding to Southeast Asia and Africa. DeepFyre™ reduces drilling costs by up to 30% and shortens project development time by nearly half, delivering reliable, baseload renewable energy.

Read more at GlobeNewswire: Clean Energy Technologies, Inc. and Qymera Global