Having tasted success in the alternate energy field with the 500kW Merced County biomass power plant, Cleantech is looking to further its presence in the industry.

Cleantech CEO and president Kenneth Bosket said that the profitability and demand for biomass power will provide its shareholders a sustainable business model in the years ahead.

"Our participation in this initial power plant has presented many other opportunities in the biomass space and the Company intends to evaluate these opportunities in its efforts to build shareholder value," Bosket added.

Apart from interest in existing project Cleantech is keen on building and operating new green energy facilities worldwide.