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Finance

Metafuels gets $5m Swiss grant to develop e-SAF pilot

news
Fayaz Hussain
30 Jul 24
0

Zurich-based aviation technology startup Metafuels and research facilities operator Paul Scherrer Institute (PSI) have been awarded a grant of $5m (CHF4.4m) to develop a pilot…

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Queensland allocates A$1.5m for SAF

news
Fayaz Hussain
30 Jul 24
0

The Queensland government has committed A$1.5m to support the development of sustainable aviation fuel (SAF) in the state. “I am proud to see us pioneering…

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Neste reports higher SAF sales in Q2

news
Fayaz Hussain
29 Jul 24
0

Finnish refiner Neste announced financial results for the second quarter of 2024 wherein it reported sales of 65,000 tonnes of sustainable aviation fuel (SAF), higher…

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Sustainable fuel technology company LanzaJet announced a strategic investment from aerospace manufacturer Airbus.

Airbus invests in LanzaJet

news
Fayaz Hussain
29 Jul 24
0

Sustainable fuel technology company LanzaJet announced a strategic investment from aerospace manufacturer Airbus. The investment will allow LanzaJet to continue to build its capability and…

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Airbus leads $200m SAFFA alliance to boost SAF production

news
Fayaz Hussain
23 Jul 24
0

Airbus, Air France-KLM Group, Associated Energy Group, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital and Qantas Airways announced the launch of Sustainable Aviation Fuel Financing…

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German environmental and climate protection foundation H2Global said that it has received no bids for its first auction to secure supply of eSAF and opened consultation for the second auction with changes in fund allocations.

H2Global receives no bids for eSAF tender

news
Fayaz Hussain
15 Jul 24
0

German environmental and climate protection foundation H2Global said that it has received no bids for its first auction to secure supply of eSAF and opened…

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MUFG invests in LanzaJet

news
Fayaz Hussain
26 Jun 24
0

Sustainable fuel technology developer LanzaJet announced that it has received investment from MUFG bank as part of its ongoing $100m funding round joining the likes…

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LanzaTech increases stake in LanzaJet to 36%

news
Fayaz Hussain
20 Jun 24
0

LanzaTech, the developer of the alcohol-to-jet (ATJ) technology, increased its ownership stake in its sustainable aviation fuel (SAF) production subsidiary LanzaJet from 23% to 36%,…

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SAF production to triple in 2024: IATA

news
Fayaz Hussain
3 Jun 24
0

The International Air Transport Association (IATA) expects sustainable aviation fuel (SAF) production to triple to 1.5m tonnes in 2024 – accounting for 0.24% of the…

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IATA to establish SAF registry

news
Fayaz Hussain
3 Jun 24
0

The International Air Transport Association (IATA) announced that it plans to setup a sustainable aviation fuel registry to report and account for remission reductions. “The…

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Stratos, AIA join hands to help decarbonise aviation

news
Fayaz Hussain
23 May 24
0

Monaco-based aircraft asset manager Stratos said it is partnering with the Aviation Impact Accelerator (AIA) to identify operational and financial levers required to help the…

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Preem secures €240m to expand biofuel production at Lysekil site

news
Fayaz Hussain
21 May 24
0

Swedish energy firm Preem announced that it has secured a loan agreement of approximately €240m($260.5m) to finance the expansion of its renewable fuel production capacity…

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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)…

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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…

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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. …

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Latest news

Amazon invests in GranBio to advance SAF production from forestry and construction waste

June 29, 2026

LATAM Airlines completes first passenger flights using SAF

June 26, 2026

UK announces £219m fund for SAF; opens door to mandate review amid supply concerns

June 17, 2026
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