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| Promoter: | We Pick Penny Stocks | Paying Party: | Tokay Sequia Management |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| CLNO | $20000 | 35266 |
| Max Profit: 0.00 % | Gain at close: -13.33 % | |
| *We think that this promoter is a part of a group of promoters. | ||
My next Company profile trades in the popular "green friendly" segment...
... and it has recently made what I consider to be a ground-breaking development that could attract traders and those watching the industry.
Specifically, the Company announced that its technology which converts biomass into electricity is expected to produce power about 400 homes!
So, keep reading... because there are a number of other impressive factors that make this particular Company different from many others that operate within the sustainable energy market.
My New Breakthrough Green Friendly Energy Play is…
*** Cleantech Transit, Inc. (OTCBB: CLNO) ***
CLNO (Cleantech Transit, Inc.) is focused on developing facilities that produce and sell clean electricity.
In addition, the Company aims to expand its focus into other areas of sustainable energies that reduce fossil fuels and could maximize both their market appreciation and shareholders value, which include:
- Geothermal Energy
- Solar Energy
- Wind Energy
Originally, CLNO was founded with the objective of capitalizing on the advancements in technologies that could develop significant market share that provide clean energy within the public transportation sector.
However, with the growing concern over the world's use of fossil fuels and the increasing growth and interest in the need for commercializing green technologies as a whole, CLNO has expanded its focus towards specific projects that could maximize shareholder value.
Hence, Cleantech Transit launched a biomass division as a separate company - Phoenix Energy - to focus exclusively on generating greater returns for manufacturing clients on a worldwide basis... and achieving that goal could reap tremendous returns for shareholders.
Top Investor Highlights
#1. CLNO announced that its 500KW biomass gasification facility is now connected to a utility distribution grid.
#2. CLNO announced its elegibility to receive a renewable energy cash-back incentive from the U.S. Treasury.
#3. CLNO has been on an upward trend with many bullish indicators... and the "trend is your friend."
CLNO’s Revolutionary Approach and Technology
CLNO utilizes a specific individualized approach at integrating the gasification process, with the municipal solid waste (MSW), which goes through a thermal transformation process in an oxygen-deprived environment.
The byproduct of this transformation is conversion into a variety of products: an inert ash, various chemicals, synthesis gas (syngas) and is a proven technology currently deployed internationally.
Below are some of the benefits:
1. Keeps Homes and Businesses Always Up and Running
Grid parallel operation - pull power from either source seamlessly. Suppose a hurricane hits for two days and the power is out for two weeks? Not so with a this technology! Because if you have biomass waste, then you have power.
2. Quick Payback
CLNO's global sourcing ensures best of class price and performance. Depending on renewable energy incentives in certain areas and an entities particular power needs, payback in 4 to 5 years. Improve the "green credentials" of your business by helping to:
• Combat greenhouse gas emissions
• Combat pollution
•Improve energy security
3. Using Biomasss Power Replaces the Need to Burn Coal to Generate Electicity
While individual setups may vary, the Complete installation of a PHX-1000 requires approximately 3/4 - 1 acre, so the dimensions are smaller and it is aimed at eliminating the use of fossil fuels.
4. Less Time Consuming to Operate
Depending upon operating hours, change filters roughly once a week (15 min); change biochar separation grate once a month (30 min); top end rebuild once per year (8 hours). From where I'm sitting, that's not much time spent on keeping a green friendly operating running.
500 KW Biomass Gasification Plant Achieves Significant Milestone by Successfully Passing Interconnection Testing
LAS VEGAS, NV-- Cleantech Transit Inc. ("Cleantech") (OTCBB: CLNO) - is pleased to announce today that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.
The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas ("syngas"), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).
The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.
The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California's feed-in-tariff with a 15-year power purchase agreement.
Ken Bosket, CEO of Cleantech Transit, stated "We are delighted with the success that Phoenix Energy has had with the Merced project and look forward to working with Phoenix Energy to build a strong partnership."
About Cleantech Transit Inc.
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. For more information, visit www.cleantechtransitinc.com.
CLNO is Uptrending and Has Strong Indications of Upward Continuation
CLNO's breaking news about successfully passing its interconnection tests and now being connected to the utility distribution grid is something I view as a breakthrough within the Alternative Energy Sector.
Why?
Because, the plant is expected to produce enough CLEAN electricity to power 400 homes!
CLNO has been reacting well in the market and moving in an upward fashion... so watch it trade!
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