Groupe ADP invests $20m in LanzaJet news Fayaz Hussain 16 May 24 0 LanzaJet announced a $20m investment from Groupe ADP in a first-of-its-kind collaboration within the industry which will help LanzaJet expand its sustainable aviation fuel (SAF)… Read more
Japan Airport Terminal-Euglena to develop SAF supply chain news Fayaz Hussain 8 May 24 0 Japanese microalgae technology company Euglena announced that it has signed an agreement with Japan Airport Terminal to jointly consider building a supply chain toward commercialising… Read more
Neste CEO Matti Lehmus steps down news Fayaz Hussain 30 Apr 24 0 Neste announced that Matti Lehmus, company’s president and CEO since May 2022, will be stepping down and the company has started search for his replacement. … Read more
Neste’s Q1 revenue drops to €4.8bn news Fayaz Hussain 25 Apr 24 0 Finnish renewable fuels company Neste saw its revenue decline in the first quarter of 2024 owing to lower market prices. Revenue for the quarter reached… Read more
Microsoft’s Climate Innovation Fund invests in LanzaJet to scale SAF news Fayaz Hussain 23 Apr 24 0 LanzaJet, a frontrunner in sustainable fuel technology, has secured additional funding from Microsoft’s Climate Innovation Fund to bolster the company’s efforts to globally deploy its… Read more
Cepsa raises €750m financing for biofuel, hydrogen plans news Fayaz Hussain 5 Apr 24 0 Spanish multinational oil and gas company Cepsa has successfully raised €750m from bond issue to bolster production of 2G biofuels including sustainable aviation fuel, HVO… Read more
Solarig to set up SAF plant in Spain with €780m investment news Fayaz Hussain 4 Apr 24 0 Madrid-based renewable energy firm Solarig said it will set up a sustainable aviation fuel (SAF) plant with a production capacity of 60,000 tonnes per annum… Read more
Southwest acquires SAFFiRE Renewables news Fayaz Hussain 2 Apr 24 0 Southwest Airlines announced that it has acquired SAFFiRE Renewables as part of the investment portfolio of its wholly owned subsidiary Southwest Airlines Renewable Ventures. This… Read more
Aemetis secures $200m under E-5 programme for SAF, renewable projects news Fayaz Hussain 21 Mar 24 0 Aemetis announced that it has secured $200m from US Citizenship and Immigration Services (USCIS) under EB-5 program investment for the Riverbank sustainable aviation fuel (SAF)… Read more
DHL Express, Standard Chartered to co-invest in SAF news Fayaz Hussain 20 Mar 24 0 DHL Express announced that they have signed a strategic partnership with Standard Chartered to co-invest in sustainable aviation fuel (SAF) helping the bank to balance… Read more
World Energy eyes $2bn DOE loan for Houston plant news Fayaz Hussain 18 Mar 24 0 World Energy announced it has been invited by the US Department of Energy (DOE) to submit the Part II Application for an approximately $2bn loan… Read more
Jet Zero Australia receives Aus$29m investment news Oscar Henderson 15 Mar 24 0 Jet Zero Australia has received an Aus$29m investment for renewable fuel production in Queensland, Australia. The investors include: Airbus, Qantas and Idemitsu Kosan, marking their… Read more
XCF Global Capital goes public in merger with Focus Impact BH3 Acquisition. news Oscar Henderson 13 Mar 24 0 XCF Global Capital has merged with Focus Impact BH3 Acquisition through a business combination agreement on March 11th 2024. The agreement is expected to result… Read more
Southwest invests $30m in LanzaJet to develop SAF facility news Fayaz Hussain 28 Feb 24 0 Southwest Airlines announced the launch of Southwest Airlines Renewable Ventures (SARV) with the initial investment of $30m in LanzaJet to work towards development of a… Read more
TerraNova engaged as placement agent for Sugar Valley Energy’s SAF project news Fayaz Hussain 28 Feb 24 0 Sugar Valley Energy (SVE) announced that it has partnered with New York-based TerraNova Capital Equities to lead marketing and placement of equity capital for the… Read more