Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Many years ago wood was our main source of fuel, now this form of biomass energy is becoming a long lost energy source that is seldom used. Wood does still give us some of our energy but only on a very small scale.
In some parts of the world sugar cane is grown and can be fermented to make alcohol. Alcohol can be burned in order to generate energy in much the same way as coal. It is also possible to crush the sugar cane pulp or "bagasse" and burn it to produce steam to power turbines which can run generators. This is a form of biomass energy.

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