biofuel

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Daily News Wrap-Up: GUVNL Announces Winners of 250 MW Wind Auction

KPI Green Energy, Juniper Green Energy, JGRJ Four Renewable (Jakson Green), and Inox Neo Energies (Inox Clean Energy) won Gujarat Urja Vikas Nigam’s (GUVNL) auction...

April 24, 2025

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Mercom Staff

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Daily Wrap-up
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Madhya Pradesh Issues Incentives for Biofuel Projects Above ₹100 Million

The Madhya Pradesh government has issued an incentive program to implement biofuel projects with investments above ₹100 million (~$1.17 million) through its ‘Scheme for...

April 23, 2025

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Melvin Mathew

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Biofuel

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Market & Policy

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Other
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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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