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Clean Fuels Foundation now accepting applications for Sustainability Education Grant

October 10, 2024

BY Clean Fuels Alliance America

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Terviva receives investment from Chevron Renewable Energy Group to scale renewable pongamia for biofuel production

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Terviva Inc. on Oct. 15 announced its investment from Chevron Renewable Energy Group. Together, the two companies expect to scale Terviva’s pongamia-growing operations and drive greater availability of pongamia as a biofuel feedstock.

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Honeywell on Oct. 15 announced that St1 has started using Honeywell’s Ecofining technology to produce sustainable aviation fuel (SAF) at its biorefinery in Gothenburg, Sweden. The facility will produce 200,000 tons of renewable fuels annually.

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Soybean oil use for biobased diesel production reached a near-record high in June, but demand for soybean oil feedstock continues to face headwinds from rising imports of UCO and tallow, according to CoBank.

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Formula 1 has been working with DHL Global Forwarding's GoGreen Plus service to reduce its greenhouse gas emissions by around 80% per flight compared to conventional aviation fuel by utilizing sustainable aviation fuel (SAF).

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The IEA on Oct. 9 published its annual Renewables market report, which for the first time includes a chapter focused on renewable fuels that outlines expected growth in liquid biofuels, including SAF, biogas, and other forms of bioenergy through 2030.

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