India-based biofuels technology firm GPS Renewables has announced the acquisition of Proweps Envirotech GmbH, a Germany-based design and engineering firm specializing in advanced technology solutions for converting municipal and industrial organic waste, as well as agricultural residues into biogas.
This strategic move by GPS Renewables solidifies its position as a major global player in the biofuels sector with a focus on sustainable energy alternatives.
Proweps Envirotech, with its extensive international experience in waste treatment, anaerobic digestion, and biogas upgrading, brings a wealth of expertise to this strategic alliance.
The company has overseen the execution of more than 150 large-scale turnkey projects worldwide, focusing on waste recycling, anaerobic digestion, and biomethane production. Proweps’ standout projects include the UK’s largest organic waste-to-biogas power initiative at the Poplars landfill site and the largest organic waste-based RNG plant in Scandinavia, situated in Västeras, Sweden.
As part of the deal, the Proweps leadership will continue to work with the GPS Renewables team to establish Proweps as the go-to biogas design and engineering firm for project developers across the world.
Speaking on the acquisition, Mainak Chakraborty, CEO and Co-Founder of GPS Renewables, stated, “GPS Renewables continues to explore innovative ways to tackle the organic waste and agro residue management challenge, promoting the transition from fossil fuels to bio-energy. This acquisition not only reinforces our commitment to a cleaner and more sustainable world but also aligns strategically with our objectives.”
Further talking about the development, Dieter Korz, Managing Partner of Proweps, said, “Proweps was founded to create efficient solutions for resource recovery from waste streams, minimizing landfill usage. This collaboration presents an exciting opportunity for us to elevate our impact and further amplify our positive contributions in the fields of international waste management and renewable energy.”