One of India’s leading biofuel producers, TruAlt Bioenergy, and Japan’s multi-sectoral company, Sumitomo Corporation Asia & Oceania (SCAO), have signed a Memorandum of Understanding (MoU) for a range of sustainable energy solutions.
This partnership aims to advance projects across biogas and compressed biogas (CBG), first-generation (1G) ethanol, second-generation (2G) ethanol, sustainable aviation fuel (SAF), and biochemicals derived from the sugar value chain. In addition, the partners will scope opportunities in carbon credit projects.
“Together, with Sumitomo’s global expertise and TruAlt Bioenergy’s dedication to biofuels, we are poised to unlock scalable and consistent solutions that will drive India’s energy transition while addressing global sustainability challenges, including decarbonization and energy security, as we work toward achieving the net-zero goal by 2070,” said Vijay Nirani, Founder and MD, TruAlt Bioenergy.
TruAlt Bioenergy has aligned its efforts with India’s targets of reaching 500 GW and 50% of the energy basket from RE by 2030. Ethanol and compressed biogas (CBG) under the SATAT scheme from the company are expected to help India’s transition to clean energy.
