what's up investors we all know clean energy is high on joe biden's agenda
but one area which is set to benefit from the administrative incentives
is the waste heat to power segment which has already had a bill passed in congress
so in this video i'll be sharing with you one exciting clean energy penny stock
clean energy technologies which has a huge potential and is set to benefit loads from
the administrative incentives so i'll be covering the company overview the outlook and key catalyst
for you to consider whether to have it in your portfolio or your watch list as you do necessary
so please make sure you stay through to the end as you don't want to miss out on this stock and
also be informed that this video is not financial advice and the markets have recently been very
unfavorable to penny stocks lately so this talk is no different and it's risky based on the current
conditions and so the price targets are over the medium to long term for the opportunities
to materialize so some patience will be needed and only getting if you're comfortable with the risk
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clean energy stocks you currently hold in your portfolio thank you so much and so with that said
let's get straight into it and talk clean energy technologies ticker number cety cety
clean energy has a share price of 7 cents and a market capitalization of 62 million
a share price is up by 17 percent over the last month
and also up by fantastic 252 percent over the last six months and given the outlook of the stock it
doesn't seem like it's going to be cooling anytime soon this stock is also otcqb listed
with over 896 million shares outstanding and over 2 million shares traded over a 30 day period
clean energy technologies delivers power from heat and biomass with zero emission and low cost
and they also design produce and market clean energy products and solutions
focused on energy efficiency and renewable energy the company's principal product is a clean cycle
magnetic bearing heat recovery generator the clean cycle system captures waste heat from a variety
of sources and turns it into electricity that can be used or sold back to the grid
an cety's proven reliable technology allows municipal commercial and industrial users with
heat sources such as from biomass industrial processes or energy production to boost the
overall energy efficiency with no additional fuel no pollutants and little ongoing maintenance
and the company's mission is to be the leading company in designing building and marketing clean
energy products and solutions focus on energy efficiency and environmental sustainability the
challenge is that they believe 20 to 50 percent of industrial energy input is lost as waste heat
and so their value proposition is to turn the heat into clean power as heat is money
and this has been carried out with little or no grid balancing and no added emissions
the solution focuses on three key areas the waste to energy
the heat recovery solutions and acquisitions and partnerships and this is applied
across different industrial applications including biomass diesel and gas engines
clean energy technologies recently entered into a memorandum of understanding with
ashfield ag resources to co-develop its initial biomass renewable energy processing facility
and this project will convert forest biomass waste products to renewable generated electricity
and biochar fertilizer they also announced that they intend to complete ongoing development work
for four renewable energy processing facilities using residuals of managed forestry activities
and commission plans within the coming two years up to 2024
and these projects will advance the company's mission to offer more vertically integrated
platform for clean energy solutions across multiple industries in most key markets globally
the reason why the congress bill is so significant is because it represents actual action addressing
global warming by congress in over a decade and this bill allows 35 billion dollars in clean
energy spending and requires that the united states faces down emissions of greenhouse gas
another piece which stands out with this legislation is that it not only has bipartisan
support but more significantly it offers vital tax credit eligibility for waste heat to power
so clean energy stands in poor position to deliver to this agenda as a technology
converts heat from a variety of sources into clean affordable electricity which can either be sold
back to the grid or used to offset electrical costs the department of energy suggests that
in the united states waste heat is the biggest opportunity for industrial energy efficiency
and estimates that there are 15 gigawatts of waste heat to power capacity
and with satis technology having many benefits including improving industrial energy efficiency
reducing carbon footprints reducing the cost of purchase electricity and fuel and generating
revenue by selling excess power it certainly stands strongly to benefit from this legislation
in their elected financials to the year ended 31st december 2020 they recorded revenues
of 1.4 million dollars down from 1.6 million dollars in 2019 and also recorded an improved
loss position at 1.2 million dollars down from 1.4 million dollars in 2019 so relatively flat
top-line growth probably due to the pandemic but good to see improvements on the bottom line
and so presumably as the economy begins to open with greater levels of industrialization
and with increasing focus on clean energy one would expect to see a take up of their services so
some exciting times i have for this stock and so if you want to invest in it you want to striking
at the price which you like and one that works for you so my strike price will be within the range of
five to six cents per share where you traded in january and so if there's any further pullback
lower than six cents there will be a good entry point for the long term
looking at the current 250 percent growth that this stock has seen over the last six months
and pulling together the current catalyst and the outlook on incentives under joe biden's
administration i really feel this stock has a bright future and so if they can deliver more
top-line growth and reduce their losses i feel this stock called 5x over the medium to long term
with the share price reaching 35 cents per share again this is a very bullish valuation
with only positive assumptions as there are loads of execution risks to be considered but it gives
the scale of this stock in my view but please do your own research you need to be aware that this
talk reviewed is a penny stock which is riskier and more volatile and so just make sure you're
planning for any trade accordingly and it falls within your risk tolerance and this video is not a
buy or sell recommendation but it's meant to bring some new and exciting companies to your attention
for you to do your own research and as always i love to hear from you so please let me know your
thoughts on this penny stock in the comment section below and what other clean energy
penny stocks are catching your eyes lately and if you're new to my channel please subscribe and hit
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