Cleantech Transit, Inc. (CLNO)
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. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.
The use of biomass energy has the potential to greatly reduce our greenhouse gas emissions. Biomass generates about the same amount of carbon dioxide as fossil fuels, but every time a new plant grows, carbon dioxide is actually removed from the atmosphere. The net emission of carbon dioxide will be zero as long as plants continue to be replenished for biomass energy purposes. These energy crops, such as fast-growing trees and grasses, are called biomass feedstocks. The use of biomass feedstocks can also help increase profits for the agricultural industry.
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.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
Syneron Medical Ltd. (Nasdaq:ELOS) announced the global launch of the new eTwo device, a combination of advanced technologies for facial treatments, to b! e showca sed in the upcoming EADV 2011 - European Academy of Dermatology and Venereology - Lisbon, Portugal.
Syneron Medical Ltd., together with its subsidiaries, engages in the research, design, development, marketing, and sale of aesthetic medical products worldwide.
Preferred Bank (Nasdaq:PFBC) reported results for the quarter ended September 30, 2011. Preferred Bank (”the Bank”) reported net income of $6.6 million or $0.50 per diluted share for the third quarter of 2011 compared to a net loss of $31.0 million or $3.89 per diluted share for the third quarter of 2010 and compared to net income of $1.7 million or $0.13 per diluted share for the second quarter of 2011.
Preferred Bank operates as a commercial bank in California. The company provides a range of deposit and loan products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals.
EnerNOC, Inc. (Nasdaq:ENOC) announced the latest release of its energy management platform. This release includes a number of enhancements to EnerNOC’s platform, including advanced Automated Demand Response (AutoDR) dispatch capabilities and increased dispatch management functionality for utilities within DemandSMART?, improved usability for large-scale EfficiencySMART? deployments, and new bill management integration for EnerNOC’s energy supply management tool, SupplySMART?.
EnerNOC, Inc. engages in the development, implementation, and adoption of energy management applications and services, and demand response for smart grid operators and electric utilities, as well as for commercial, institutional, and industrial end-users of electricity in the United States.
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