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).

The great benefit of biomass energy is its independence. Most forms of energy depend on one thing or the other to make them work in a particular location while they don't work in another. A great example is solar energy. A solar generator is only highly effective where there is much sunlight and it isn't that effective where there is always cold weather. This is unlike bio energy and a solid biomass system will keep working irrespective of location or weather condition, as long as you keep on fueling it.

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