GreenOil converts organic and farming waste to electricity and organic fertilizer by a process of anaerobic digestion.
Investee | GreenOil, founded 2008 |
Location | India |
Sector | Energy |
Funding period | 2011-2015 |
Funding type | Equity |
Website | http://www.greenoil.in/ |
GO addresses this situation by using locally available organic and farming wastes to produce electricity, thus empowering local communities. Using a process of anaerobic digestion, made more efficient, scalable and reproducible through GO innovations, it effectively disposes of gathering waste to create methane that may be used as a clean cooking fuel or to generate electricity. In addition, organic fertilizer is created as a by-product that helps soil nutrition and longevity, and reduces the need for spending on irrigation or chemical fertilizers. GO is setting up its first waste-to-energy power plant in Rajasthan.
GO helps to generate secure, long-term income for landless laborers. Small and marginal farmers that use their organic fertilizer are able to increase their income. GO manages large quantities of waste which would otherwise be dumped in the open, leading to air and ground water pollution.
Impact Reach | 2012 | 2013 | 2014 | 2015 |
# of units produced electricity (in million kWh) | n/a | 1.63 | 6.52 | 6.52 |
# of waste managed (in MT) | 1'800 | 8'000 | 16'000 | 16'000 |
# of natural fertilizer sold (in MT) | 450 | 3'000 | 6'000 | 6'000 |