From Yahoo Finance: 2025-05-25 17:20:00

Clean Energy Technologies, Inc. (NASDAQ:CETY) offers a non-binding offer to a European solar and wind development business, marking a strategic move into the European renewable energy industry. The $4.4 million initial equity investment in the planned acquisition is part of a projected $85 million deal value, with gradual implementation following development benchmarks. The deal aims to give CETY access to the growing European solar and wind energy market supported by stable government policies. CETY, headquartered in Irvine, California, specializes in zero-emission electricity generation from biomass and waste heat, offering engineering and project management services globally. Despite CETY’s potential for growth, some believe other AI stocks present higher return potential with limited downside risk. For those seeking promising AI stocks, a report on the cheapest AI stock with 100x upside potential is available.



Read more at Yahoo Finance: Clean Energy Makes a Non-Binding Offer to a European Business