DOE announces $3bn for Gevo, Montana Renewables opinion Fayaz Hussain 21 Oct 24 0 There are lots of sustainable aviation fuel (SAF) companies that only came to life because of friends and family investors. But these rounds can only… Read more
Montana delivers SAF at Minneapolis-St. Paul airport news Fayaz Hussain 20 Sep 24 0 Renewable fuel developer Montana Renewables announced that it has successfully supplied sustainable aviation fuel at Minneapolis-St. Paul International Airport’s (MSP) to be used as blend… Read more
Gevo monetises IRA credits to advance SAF, other initiatives news Fayaz Hussain 19 Sep 24 0 Gevo has announced the sale of approximately $20m in investment tax credits generated by its Gevo NW Iowa RNG facility to fund strategic growth projects,… 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
US SAF production booms in 1H24 news Fayaz Hussain 13 Sep 24 0 US sustainable aviation fuel (SAF) production and imports grew 100% during the first half of 2024 to 52m gallons compared to 26m gallons in 2023,… Read more
Gevo acquires Red Trail Energy’s ethanol, CCS assets news Fayaz Hussain 12 Sep 24 0 Net-zero hydrocarbon fuels and chemicals developer Gevo announced that it has entered into a definitive agreement to acquire the ethanol production plant and carbon capture… Read more
US to finalise clean fuel tax credits before Jan: Vilsack news Fayaz Hussain 12 Sep 24 0 The United States is working to finalise the clean fuels tax credits programme before the end of current Biden Administration in January, according to US… 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
Alaska Airlines lets passengers offset carbon footprint with SAF credits news Fayaz Hussain 7 May 24 0 Alaska Airlines announced that it will offer guests the choice to voluntarily reduce the environmental impact of their travel with sustainable aviation fuel (SAF) credits… Read more
Gevo to raise $750m from mixed shelf offering news Fayaz Hussain 16 Jan 24 0 Gevo announced it will raise $750m from a mixed shelf offering to use the proceeds for general corporate purposes including repayment or refinancing of debt,… Read more
Gevo’s Net-Zero 1 SAF plant development ‘on track’ news Fayaz Hussain 14 Nov 23 0 Gevo senior management on the third quarter earnings call informed that its Net-Zero 1 Sustainable Aviation Fuel (SAF) project is on track and in formal… Read more
Gevo reports 15-fold increase in revenue to $4.5m news Fayaz Hussain 13 Nov 23 0 Gevo, a renewable chemicals and advanced biofuels company, reported revenue of $4.5m in the third quarter of 2023, up 15-fold from the same period last… Read more
GEVO’s Farm-to-Flight programme takes off with $30m USDA grant news Oscar Henderson 14 Sep 23 0 US biofuel company, GEVO, have finalised and executed a Notice of Grant and Agreement award with the US Department of Agriculture (USDA) for a Partnerships… Read more
DOE invites Gevo to apply for $950m project loan news Oscar Henderson 7 Aug 23 0 The US Department of Energy (DOE) has asked Gevo to start the due diligence and term sheet negotiation stage for a $950m loan to fund… Read more