Schneider Electric, an energy management and automation company, has invested in Biofuel Junction, a clean-energy venture that produces solid biofuels from agricultural waste. Biofuel Junction aims to prevent stubble burning, a major source of air pollution and greenhouse gas emissions, by converting it into briquettes...
August 2023 A biomass-based power producer, Hutah Industries, signed a PPA with the Department of Power, Nagaland, for a 10 MW bamboo biomass project. The project will use a tissue culture technique to grow bamboo and a technology-based platform to manage the biomass supply chain....
Punjab Renewable Energy Systems Pvt Ltd (PRESPL) is a biomass-to-steam company. PRESPL seeks to raise ₹150 crore. The company's existing shareholders, including NEEV Fund (holding 37% stake), Mitsui of Japan (34%), and Shell (13%), may either dilute their stakes or participate in the new funding...
August 2023 The Uttar Pradesh government plans to use agricultural waste or biomass to produce pellets and ethanol for power generation and fuel blending. This will provide an additional income source for farmers, reduce air pollution, and save coal costs. The state has an annual...
Aranayak Fuel and Power is launching India’s first commercial-scale biomass-based green hydrogen plant in Uttar Pradesh. The plant will use a novel technology developed by IIT-BHU to produce hydrogen, methane and bio-coal from agricultural waste. The technology developed by IIT-BHU for biomass-based green hydrogen production...
July 2023 IIT Mandi’s Centre for Innovative Technology for the Himalayan region has developed a machine that can produce briquettes and pellets from pine needles, which are harmful to the environment when they accumulate on the forest floor. The machine will be used to prevent...
India bio-economy updates from BioBiz June, 2023 Tata Chemicals and CSMCRI, a research institute in Bhavnagar, have signed a deal to make biodiesel from microalgae. TCL will set up a facility in Mithapur, Gujarat to cultivate a microalgae species of chlorella genus and extract crude oil from it....
India bio-economy updates from BioBiz June, 2023 According to its CEO, the EID Parry firm will concentrate more on developing market niches including nutraceuticals, sustainable aviation fuel, and ethanol blending. The business has already made investments to increase the capacity of its distillery and improve compliance with environmental...
India bio-economy updates from BioBiz Ajooni Biotech Ltd, a company that provides animal healthcare solutions and feed supplements, has launched a Moringa farming project in Rajasthan. The project aims to use paddy residue as biomass to produce Bio CNG, organic manure, and carbon credits. Moringa farming project is...
India bio-economy updates from BioBiz Diageo India, a leading beverage alcohol company, has launched a regenerative agriculture program in partnership with The Nature Conservancy India. The program will train over 5000 small-holder farmers in Punjab and Haryana on best practices to improve soil health, water quality, and biodiversity....
