biofuel

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Biofuels Firm GPS Renewables Raises $50 Million in Debt Financing

Bengaluru-based biofuels firm GPS Renewables has secured $50 million in debt financing from a consortium of banks and non-banking financial companies to accelerate the...

April 17, 2024

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Arshreet Singh

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Biofuel
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HPCL to Commission ₹14 Billion Ethanol Plant in Punjab by the End of 2023

Hindustan Petroleum Corporation (HPCL) is investing over ₹14 billion (~$168.12 million) to build a Second Generation (2G) bio-refinery plant in Bathinda, Punjab, using...

November 3, 2023

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Staff

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Biofuel

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Markets & Policy
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Daily News Wrap-Up: Energy Storage Corporate Funding Falls 83% YoY in Q1 2023

Total corporate funding in energy storage, including from venture capital, public market, and debt financing, amounted to $2.2 billion in 27 deals in the first quarter...

April 19, 2023

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Mercom Staff

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Daily Wrap-up
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Indian Oil Forms Subsidiary to Expand Green Energy Businesses

Government-owned oil marketing company Indian Oil Corporation (IOC) has said it would consolidate its current green assets under one umbrella to bolster the expansion...

March 16, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Essar to Invest $3.6 Billion in Energy Transition Projects in UK and India

Multinational conglomerate Essar Group has launched the Essar Energy Transition (EET) initiative with an investment of $3.6 billion to develop a range of low-carbon...

February 27, 2023

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Gourav Mishra

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Other

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Renewable Energy
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IIT Researchers Discover Enzyme that Breaks Down Biomass into Bioethanol Fuel

Researchers from the Indian Institute of Technology, IIT Guwahati, in collaboration with the University of Lisbon, Portugal, have found a bacterial endoglucanase enzyme...

December 29, 2022

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Gautamee Hazarika

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Biofuel

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Technology
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Daily News Wrap-Up: Enfinity Global Adds 205 MW of Solar Capacity in India

Here are some noteworthy cleantech announcements of the day from around the world: U.S.-based renewable energy company Enfinity Global added 205 MW of solar capacity in...

November 23, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: JSW Neo Energy Receives LoA for 300 MW Wind Project from SECI

Here are some noteworthy cleantech announcements of the day from around the world: JSW Neo Energy, a wholly-owned subsidiary of JSW Energy received a letter of award...

July 15, 2022

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Satish Shetty

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Other

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Renewable Energy
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Oil Companies to Sell Petrol With 20% Ethanol From April 2023: Petroleum Ministry

The Ministry Of Petroleum And Natural Gas (MoP&NG) has notified that oil companies will sell ethanol-blended petrol (EBP) with a percentage of ethanol up to 20% from...

June 17, 2022

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Arjun Joshi

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Biofuel

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Markets & Policy
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Daily News Wrap-Up: Suzuki Starts Procuring Power from ReNew’s 17.6 MW Hybrid Project

Here are some noteworthy cleantech announcements of the day from around the world: Suzuki Motor Gujarat (SMG), a subsidiary of automaker Suzuki, began procuring power...

June 6, 2022

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Arjun Joshi

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Other

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Renewable Energy
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IREDA Launches New Program to Promote Green Mobility

The Indian Renewable Development Agency (IREDA), under the Ministry of New and Renewable Energy, has launched a program to promote the manufacture and deployment of...

January 13, 2022

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Biofuel Trading Platform Buyofuel Raises ₹16 Million in a Seed Funding Round

Buyofuel, an Indian online marketplace for biofuel and wastes, raised over ₹16 million (~$214,887) in a seed funding round led by Inflection Point Ventures (IPV). The...

November 12, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Government Approves Use of Ethanol-Gasoline Blend as Automotive Fuel

The Ministry of Road Transport and Highways has greenlighted the use of E20 – a blend of 20% ethanol and 80% gasoline – as an automotive fuel. Mass emission...

March 14, 2021

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Rahul Nair

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Other

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Renewable Energy
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Government Announces Financial Sops to Boost Ethanol Production

The Department of Food & Public Distribution (DoFPD) has announced that it would extend financial assistance to project proponents to enhance their ethanol...

January 15, 2021

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Rahul Nair

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Other

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Other Energy
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Sustainable Biofuel Supply Chain Can Help Tackle Delhi’s Smog Menace: Interview

The national capital region is struggling to catch a breath. Sadly, this isn’t an isolated incident but an annually recurring phenomenon in Delhi. The air quality,...

November 5, 2020

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Ankita Rajeshwari

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Biofuel

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Other

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