Cleantech Transit, Inc. (CLNO)
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.

The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

Biomass energy is usually taken from three sources wood, biological wastes and alcohol fuels. Wood is used either directly or by using its waste products such as pulp that comes out as a waste product from the paper industry. The other use is that of the waste. It mainly is derived from landfills and other waste from the industry. Perhaps the best sources are concentrated waste materials. Forests are very important source of biomass for they contain a wide variety of wood that can be used in the timber processing plants.







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