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Cleantech to work with UN intergovernmental agency

June 11, 2012, Las Vegas, NV - Cleantech Transit, Inc. has received a Letter of Interest from a United Nations Sponsored Intergovernmental Agency to implement and operate biomass power plants.


June 11, 2012
By Marketwire

June 11, 2012, Las Vegas, NV – Cleantech Transit, Inc. ("Cleantech or the Company") has announced that the Company has received a Letter of Interest
(LOI) from a United Nations Sponsored Intergovernmental Agency
representing 28 member states to implement and operate biomass power
plants.

According to the LOI, this Intergovernmental agency would facilitate
the creation of a public private partnership (PPP) with Cleantech
Transit Inc. to develop, implement and operate up to 47 biomass power
plants to be deployed in various member states based on their power
needs. The proposed biomass plants would be a minimum of 1MW in size.
The ability of intergovernmental organizations can play a pivotal
role to implement biomass as one of the key power sources in numerous
areas simultaneously.

"The proposed PPP by the Intergovernmental agency is an extremely
positive development for our Company, giving us the potential to
expand our portfolio of biomass projects rapidly and help move the
company toward higher revenue numbers," said President and CEO of
Cleantech Transit, Inc. Kenneth Bosket


About Cleantech Transit, Inc.

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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
www.cleantechtransit.net.


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