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
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… Read more
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… Read more
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… Read more
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… Read more
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… Read more
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… Read more
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… Read more
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%,… Read more
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… Read more
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… Read more
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… Read more
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… Read more