GreenTec Capital Partners has announced an investment in Nigeria-based Powerstove Energy. Powerstove has developed an innovative smokeless stove and fuel system to address problems of high fuel costs and greenhouse gas emission. The solution combines sustainable resource use with tech-driven efficiency innovation into a versatile and affordable to solution.

Powerstove converts non-recyclable paper, wood and agricultural by-products of various crops into biomass pellets, which are then ...