BALTIMORE, June 11, 2012 (GLOBE NEWSWIRE) -- Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, has issued research coverage of Cleantech Transit, Inc., an innovative renewable energy company.
Through its ownership in a biomass power generation facility, and plans to acquire additional sites, Cleantech is an emerging player in the U.S. biomass power generation market. The market value of electricity generated from biomass in the U.S. is steadily increasing to $53 billion by 2020, up from roughly $45 billion in 2010. Plus, a potential deal to implement and operate up to 47 biomass plants could be a huge opportunity for the Company.
In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
"In our view, Cleantech has significant, inherent advantages in the renewable energy industry based on its innovative strategy. As a result, we believe that Cleantech is a great way to play the green energy space. Investors should expect that the Company will generate considerable revenue and profitability once its first facilities are operational and that the model will likely be replicated in many other markets."
To view a summary of the report or download the report in its entirety, please visit www.goldmanresearch.com
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces small cap and micro cap stock market research reports and weekly investment newsletters. For more information, visit www.goldmanresearch.com.
A Goldman Small Cap Research report is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read the report's full disclosures and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer. To download our research, view our disclosures, or for more information, visit www.goldmanresearch.com.
About Cleantech Transit, Inc.: Cleantech Transit, Inc.'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.