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FAA funds 22 SAF projects

August 16, 2024

BY Erin Voegele

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Varo Energy announces agreement to acquire Preem

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By Erin Voegele

5 hours ago

Business 

Varo Energy, a European energy company based in Switzerland, on March 31 announced an agreement to acquire Preem, a Sweden-based petroleum and biofuels company that is developing additional renewable diesel and SAF capacity.

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The U.S. Department of Commerce has disbanded an advisory committee that provided the agency with private sector advice aimed at boosting the competitiveness of U.S. renewable energy and energy efficiency exports, including ethanol and wood pellets.

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U.S. operatable biofuels capacity increased slightly in January, with gains for ethanol, according to the U.S. EIA’s Monthly Biofuels Capacity and Feedstock Update, released March 31. Feedstock consumption was down when compared to December.

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Gevo Inc. CEO Patrick Gruber discussed the company’s proposed sustainable aviation fuel (SAF) project in South Dakota during a fourth quarter earnings call, held March 27, indicating financial close could be achieved by year-end.

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Farnborough Airport signs SAF deal

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By Farnborough Airport

March 31, 2025

U.K.-based Farnborough Airport, on March 20 announced that it has signed a landmark deal with Hydrogen Refinery for 12.5 million liters or 10,000 metric tons per annum of sustainable aviation fuel (SAF) produced locally from waste.

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