AIR COMPANY secures $69m to scale up SAF production news Fayaz Hussain 18 Sep 24 0 Carbon conversion technology company AIR COMPANY announced that it has raised a substantial $69m in Series B funding to commercialise its innovative technology and produce… Read more
Gevo hit 18-month high on patent, plant purchase news Fayaz Hussain 18 Sep 24 0 Gevo Corporation (NASDAQ: GEVO) saw its stock price soar by 30.1% on Tuesday, reaching a new 52-week high of $1.83 fuelled by a newly awarded… Read more
Consortium call for increased SAF production in Spain news Fayaz Hussain 18 Sep 24 0 A consortium of Spanish companies and organisations, including Cepsa, Iberia, Iberia Express, Vueling, and BIOCIRC, has presented a roadmap to position Spain as the European… Read more
Waste-to-SAF firm Fulcrum Bioenergy files for Chapter 11 bankruptcy news Fayaz Hussain 16 Sep 24 0 California based waste-to-fuels company Fulcrum Bioenergy has filed for Chapter 11 bankruptcy in District of Delaware US Bankruptcy Court. The filings showed that Fulcrum Bioenergy… Read more
CO2, H2 tech firm Brineworks raises $2.2m news Fayaz Hussain 16 Sep 24 0 Amsterdam-based Brineworks announced that it has secured $2.2m funding from venture capital firm Pale blue dot. Brineworks is working on seawater electrolyze to extract low-cost… Read more
DOE announces $12m funding for biorefinery technology news Fayaz Hussain 12 Sep 24 0 In a bid to accelerate the transition to a decarbonised economy, the US Department of Energy (DOE) has announced a $12m funding initiative to support… Read more
Infinium secures $1.1bn investment commitment from Brookfield news Fayaz Hussain 11 Sep 24 0 e-Fuel producer Infinium announced that it has secured an investment commitment of up to $1.1bn from Brookfield Asset Management to help grow the company’s e-fuel… Read more
Ouro sobre azul: Brazil allocates $1bn for SAF projects opinion Fayaz Hussain 9 Sep 24 0 The Portuguese phrase “ouro sobre azul” (literally translated to gold over blue) is used by native speakers in Brazil to express a promising position, a favourable… Read more
US announces $2m for airports to handle SAF news Fayaz Hussain 6 Sep 24 0 The Biden-Harris administration announced $2m for airports in Louisiana and Florida to increase capacity for the airports to handle sustainable aviation fuel (SAF). The grants… Read more
US announces $244m grant for SAF projects opinion Fayaz Hussain 27 Aug 24 0 Last week marked the two-year anniversary of the Inflation Reduction Act – a monumental legislation to deal with the effects of climate change. It was… Read more
GAFT secures €750k from Temasek Foundation to advance SAF tech news Fayaz Hussain 19 Aug 24 0 Dutch technology firm Green Air Fuel Technology (GAFT) announced that it has secured a €750,000 ($1m SGD) grant from Temasek Foundation to accelerate its sustainable… Read more
SAF: Benefits for US economy beyond carbon reduction opinion Fayaz Hussain 19 Aug 24 0 Nicolaus Otto the father of the internal combustion engine, showed the benefits of ethanol as a fuel back in 1860. But it took more than… Read more
36 US SAF projects awarded $291m grants under IRA news Fayaz Hussain 16 Aug 24 0 The Federal Aviation Administration (FAA) announced $291m grants under the Inflation Reduction Act for as many as 36 sustainable aviation fuel projects to help achieve… Read more
What not to read on your vacation opinion Fayaz Hussain 7 Aug 24 0 If you are looking for a relaxing beach read or airport novel there are lots of options out there. But whatever you do, do not… Read more
SAF startup Sora Fuels raises $6m in seed funding news Fayaz Hussain 6 Aug 24 0 US-based sustainable aviation fuel (SAF) production startup Sora Fuels announced it has raised an oversubscribed $6m seed round. The round was led by Engine Ventures,… Read more