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Cleantech Transit Inc (OTCPK:CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
The term 'geothermal' has been derived from two Greek words, 'geo', which means the earth and 'therme', which means heat. Hence, geothermal energy basically means the heat from the inside of the earth. The hot water and steam that are produced within the earth can be used for generating electricity and heating buildings. Therefore, geothermal energy is a renewable source of energy since the heat is produced continuously within the earth and the rainfall replenishes the water.
The cost of the land to build a geothermal power plant on, is usually less expensive than if you were planning to construct an; oil, gas, coal, or nuclear power plant. The main reason for this is land space, as geothermal plants take up very little room, so you don't need to purchase a larger area of land. Another factor that comes into this is that because geothermal energy is very clean, you may receive tax cuts, and/or no environmental bills or quotas to comply with the countries carbon emission scheme (if they have one).
One of the advantages of using geothermal heat to power a power station is that, unlike most power stations, a geothermal system does not create any pollution. It may once in a while release some gases from deep down inside the earth, that may be slightly harmful, but these can be contained quite easily.
Cleantech Transit Inc. is in the business of producing and conserving power. It produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind.
Cleantech Transit Inc. recently announced 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.
For more information about CLNO, visit www.cleantechtransitinc.com
Atheros Communications, Inc. (Nasdaq:ATHR) announced its newest Wi-Fi chip, the AR9374, which brings powerful wireless connectivity to fixed consumer electronics, enabling consumers to enjoy content everywhere in the home with connected TVs, set-top boxes, Blu-ray players, digital media adapters, home network-attached-storage, speakers, game consoles and wireless audio products. With an increased number of Wi-Fi devices crowding the 2.4 GHz band, consumers now need to leverage the 5 GHz band for reliable media-rich applications that require interference-free bandwidth and less latency. The AR9374 chip also offers 40MHz transmissions to support high data rate applications without the limitations of range and costs associated with previous Wi-Fi standards.
Atheros Communications, Inc. develops semiconductor system solutions for communication products. Its products include solutions for wireless local area network (OTCPK:WLAN), mobile WLAN, Ethernet, Bluetooth, global positioning system (NYSE:GPS), and powerline communications.
Liberty Global Inc. (Nasdaq:LBTYA) announced an exchange offer for any and all of its outstanding 4Â½% Convertible Senior Notes due 2016 (CUSIP: 530555 AB7; ISIN: US530555AB77) (the "Notes"). The Notes, which are convertible into shares of Liberty Global's Series A common stock and Series C common stock, have an outstanding aggregate principal amount of $935.0 million. Holders who elect to exchange their Notes in the exchange offer will receive, for each $1,000 principal amount of Notes, the following: 28.2602 shares of Series A common stock, 9.4201 shares of Series C common stock and cash in the amount of $200, plus an amount equal to accrued but unpaid interest on such principal amount of Notes to but excluding the settlement date, payable in cash. The exchange offer is scheduled to expire at 5:00 p.m., New York City time, on Wednesday, June 15, 2011, unless extended by Liberty Global, and settlement is expected to occur on Monday, June 20, 2011, unless the exchange offer is extended.
Liberty Global, Inc. provides video, voice, and broadband Internet services primarily in Europe, Japan, and Chile. The company offers various broadband distribution services over its cable television systems, including video, broadband Internet, and telephony.
American Video Teleconferencing Corp. (OTCPK:AVOT)
According to the American Video Teleconferencing Corp, it aggressively continues to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies.
Rare Earth Elements play a key role wide range of health and medical applications, including drug treatments, diagnostic techniques and equipment. Rare Earth Element act as catalysts in biomedical and chemical research, are used as tracing agents during imaging, and in laser and radio isotopic treatment for cancer. Rare Earth Element permanent magnets are installed in all computer hard drives, CD-ROM drives and DVDs.
American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. American Video Teleconferencing Corp is normally known for its business and efforts of exploration in Rare Earth Elements.
American Video Teleconferencing Corp. recently announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company's exploration programs on its newly acquired rare earth property in Quebec. Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp. (DeBeers) in Africa and Benguet Cons. in the Philippines.
Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.
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