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. The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net).


Bioenergy is a collective term for renewable energy made from the organic material of recently deceased plants or animals. Sources of bioenergy are called "biomass" and include agricultural and forestry residues, municipal solid wastes, industrial wastes, and terrestrial and aquatic crops grown solely for energy purposes. Bioenergy includes the generation of energy from biological sources such as landfill gas and the combustion of organic fuels to produce electricity or heat. Although oil and natural gas are energy sources derived from deceased plants and animals, they are not considered biomass because their organic material has not been a part of the carbon cycle for millions of years.







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