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 is made from anything we would normally waste. It can be made from waste wood that is leftover from building things, leftover alcohol fuels, rotting crops and other plant materials, and the gases caused by garbage in landfills. Scientists are experiment with using all kinds of throwaway materials as a source of biomass energy. Biomass is being used everyday to make electricity. In fact, it is the second most used form of renewable energy in the United States. The electricity produced by biomass plants in the United States is used to power over two million homes in this country. That is a lot of power to be made from stuff we would throw away! The biomass they use includes sawdust and leftover wood from sawmills, leftover paper from paper mills, fast-growing crops and trees, cornstalks and corncobs from farms, and paper and cardboard that can't be recycled. And all of that biomass would have ended up in a landfill if it wasn't used for power.





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