Cleantech Transit, Inc. (CLNO)
There are many types of biomass plants in the world, and many ways can be used for energy production. In general there are two approaches: growing plants specifically for energy use, and using the residues from plants that are used for other things. The best approaches vary from region to region according to climate, soils, geography, population, and so on.
Energy crops, also called "power crops," can be grown on farms in potentially very large quantities, just like food crops. Trees and grasses, particularly those that are native to a region, are the best crops for energy, but other, less agriculturally sustainable crops such as corn tend to be used for energy purposes at present.
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).
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October 10th, 2011 at 12:24 pm