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Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. (CLNO) is focused on capitalizing on technology advances and manufacturing opportunities in the growing clean energy public transportation sector as well as investing directly in green projects that show great potential. Through its business activities, the company is dedicated to reducing energy consumption and dependence on carbon based energy.

Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has invested in Phoenix Energy. The company's eco-friendly system converts agricultural and wood waste (biomass) into cleaner burning energy and other salable byproducts, reducing a business's operating and disposal costs while having a positive impact on the environment.

Through Phoenix's proprietary gasification process, wood is converted into a synthetic natural gas to fuel a specially modified natural gas genset to produce electricity and heat. By using systems that are modular, the company is able to customize its solutions for a variety of power needs. If more power is required, units can be stacked for additional power in increments of 100 kW.

By installing Phoenix Energy's wood waste gasification systems, customers reduce greenhouse gas emissions and groundwater contaminants while improving their own energy security and gaining access to renewable energy certificates, tax credits and other incentives. Leveraging partnerships with solid waste operators, agricultural producers and wood base manufactures, the company is well positioned for further growth.

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