In a release shared last week, U.S.-based Clean Energy Technologies, Inc. (CETY) announced has signed a Memorandum of Understanding (MOU) with Qymera Canada Inc., marking a step toward exploring monobore geothermal technology for industrial power applications. As part of the agreement, CETY has secured an initial $500,000 (assumed USD) order for two Clean Cycle heat-to-power units, which will be integrated into Qymera’s geothermal pilot project in British Columbia, Canada.

ORC heat recovery project in the UK CETY

The monobore geothermal system aims to simplify traditional geothermal development by eliminating the need for injection wells and leveraging a proprietary heat transfer process. Qymera’s has focused on a system that is designed to reduce drilling depth and costs, avoid fluid reinjection challenges and seismic risks, and provide reliable, small-scale geothermal baseload power for mining, manufacturing, and data centers.

CETY will contribute heat-to-power expertise, integrating its Organic Rankine Cycle (ORC) technology into the project. One of the partner companies of CETY is Exergy ORC.

Technology & market potential

While still in early-stage demonstration, this partnership aligns with the broader trend of expanding geothermal’s role in heat-intensive industries. The agreement also includes a commercial expansion option, providing access to up to 20 MW of geothermal heat or electricity for future developments.

However, the long-term viability of monobore geothermal technology remains to be proven at scale. Unlike conventional geothermal power plants, this approach focuses on localized heat extraction, which may limit its broader application.

The pilot project will serve as a real-world test for monobore geothermal’s potential as a cost-effective, small-scale baseload energy solution. If successful, it could present a new pathway for geothermal integration in industrial power markets.