Internet Innovations in Renewable Energy: GPS Renewables and STEER Engineering Collaboration
Groundbreaking Partnership in Renewable Energy
GPS Renewables, a cleantech startup based in Bengaluru, has joined forces with STEER Engineering to leverage technology for manufacturing bio-CNG processors in India. This collaboration is a significant step towards advancing the country's renewable energy ecosystem.
Innovative Bio-CNG Production Technology
- 2.5 tons/hour capacity bio processors will be built to utilize agro-residue such as paddy straw and maize.
- The processors aim to enhance preconditioning and improve biofuel yields.
- GPS Renewables has already established over 100 biogas plants in India.
Mainak Chakraborty, founder and CEO of GPS Renewables, states this partnership aims to optimize performance and minimize lifecycle costs significantly.
Economic Impact and Future Prospects
- India's investment in renewable energy projects is projected to rise 83% to $16.5 billion by 2024.
- The partnership supports India's journey towards becoming 'atmanirbhar' in energy and reducing carbon emissions.
- The collaboration coincides with a surge in funding for Indian cleantech startups, which raised over $861 million in 2023.
As India strives for a cleaner, sustainable future, this venture reflects significant internet-driven innovations in the renewable energy sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.