Clean Energy Technologies Confirms Eligibility For Up To 30% Federal Tax Credits Under New One Big Beautiful Bill Act Law For Heat-To-Power, Biomass CHP, And Battery Storage Projects

Benzinga·07/08/2025 14:42:30

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Clean Energy Technologies, Inc. (NASDAQ:CETY) (the "Company" or "CETY"), a clean energy technology company offering power generation, waste to energy, battery storage, and heat to power solutions to deliver affordable, scalable, and eco-friendly energy, clean fuels, and alternative electricity for a sustainable future, is pleased to announce that its technologies should remain fully eligible for federal clean energy tax incentives following the passage of the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025.

Under the new legislation, projects utilizing CETY's waste heat-to-power, biomass combined heat and power (CHP), and battery storage technologies should continue to qualify for the most Investment Tax Credits (ITC) and Production Tax Credits (PTC) established by the Inflation Reduction Act—up to 30% ITC or 1.5 cents per kilowatt-hour PTC—provided they meet updated requirements for zero greenhouse gas emissions, prevailing wage and apprenticeship standards.

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