Cleantech Transit Inc. (CLNO)

Biomass energy is a renewable source of energy that is found in plants. Plants take energy from the sun in the process of photosynthesis and use it to produce and grow biomass. It is composed of stored energy derived from the sun, and can release a new source of energy when physical and chemical processes are applied to it.
Most biomass materials come from wood, trees, grasses, agricultural crops, garbage and other urban wastes. Human and animal wastes are sources for biomass energy too.

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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