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 consists of all forms of animal and plant organic matters: wood/dead plants, animal remains, leaves, living plants, vegetable oils, wastes from agricultural, residential and industrial sources and so on. Biomass is different from fossil fuels, even though they are both from plant and animal matters. While scientists believe that fossil fuels come from matters that have undergone numerous changes over several millions of years, biomass originates from recently dead or living plant and animals.
Biomass energy or Bio-energy (or energy from biomass) is derived originally from the Sun. Plants use light from the Sun during their feeding process called photosynthesis. Energy stored from the process can be transformed to other forms of energy for home heating, cooking or for providing electricity at a later date as required. Both living plants and recently dead plants can be used to provide bio-energy. Some plants are planted specifically for the purpose of deriving biomass energy from them.
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(IPXL, CLNO, GRMN, HCSG) Stocks in Review by PennyOTCStock.com
October 19th, 2011 at 02:00 pm