Cleantech Transit, Inc. (CLNO)

Cleantech Transit, Inc. is in the business of producing and conserving power. Cleantech Transit produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind. Cleantech Transit's goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy. Cleantech Transit, Inc. was founded in 2006 and is based in Scottsdale, Arizona.

Biomass energy (bioenergy) is derived from organic matter. Wood is an example of a source of biomass energy. Other forms include: plants, residues from agriculture and forestry, municipal and industrial wastes, and methane and other gases from landfills. The use of biomass energy aids in the reduction of greenhouse gas emissions. While biomass releases about the same amount of carbon dioxide as fossil fuels, the net amount of carbon dioxide remains at zero if the growth of new plants reduces the carbon dioxide in the atmosphere. This "recycling" of carbon dioxide works if plants are grown for the purpose of collecting biomass energy. Such plants form part of a biomass feedstock and involve trees and grass that grow quickly.







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