SOURCE: Cleantech Transit, Inc.

April 25, 2012 07:00 ET

Cleantech Provides Details on the 500 KW Bio Mass Power Purchase Agreement

LAS VEGAS, NV--(Marketwire - Apr 25, 2012) - Cleantech Transit, Inc. ("Cleantech or the Company") (OTCBB: CLNO) is pleased to provide further details on the 500 KW bio mass facility located in Merced County, California. As previously reported the plant is currently connected to the electricity grid under California's feed-in tariff.

Under the terms of the 15-year power purchase agreement we would be entitled to receive a price of 0.11 cents per kilowatt of electricity sold. The Merced plant is capable of producing 500 KW of electricity per hour when running at full capacity. With the plant surpassing its 500 KW production capacity in the initial testing stage, Cleantech is optimistic that the bio mass facility will continue to move toward the commercial operation stage in a timely manner.

President and CEO of Cleantech Transit Inc. Kenneth Bosket commented, "The Company is pleased with the progress made thus far and is looking forward to developing this asset and making other potential investments in the clean energy sector."

About Cleantech Transit Inc.:

The Company's mandate is to create opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the alternative clean energy sector. With the growth in green energy initiatives, the Company has expanded its focus to invest directly in specific projects that will maximize shareholder value. Recent advances in the technology of converting wood waste into power have greatly enhanced the economic value of the company's systems. A Biomass division was launched led by Phoenix Energy to focus exclusively on generating greater returns for manufacturing clients worldwide. For more information please visit the Company's website at

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