GPS Renewables, a biofuels technology company, has acquired Germany-based Proweps Envirotech GmbH, a leading company specialising in technologies to utilise municipal and industrial organic waste and agri-residue for biogas production.

Biogas is one of the most important sources of energy from a climate perspective, as it can be further upgraded to produce RNG (also known as bioCNG or CBG), which is a cleaner alternative for CNG or clean electricity.

Proweps has over 25 years of experience in all areas related to the international and environmental process engineering plant construction business.  Proweps has been a trusted technological and engineering partner for GPS Renewables' biogas projects in India. As a 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.  

Mainak Chakraborty, CEO and Co-Founder, GPS Renewables, said, "GPS Renewables continues to explore new ways to deploy cutting-edge technologies to solve the organic waste and agro residue management challenge and accelerate the substitution of fossil fuel with bio-energy. This acquisition not only reinforces our mission of fostering a cleaner and more sustainable world but also aligns strategically with our objectives." 

Dieter Korz, Managing partner, Proweps, said, "Proweps was founded with a mission to create efficient solutions and services that provide maximum recovery of resources from all streams of waste by diverting it away from landfills and sending it to the right destinations. Over the last several years, we have created a significant impact in the field of international waste management and renewable energy."