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SkyNRG releases SAF market outlook 2024

SOURCE: SkyNRG

June 13, 2024

BY SkyNRG

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Montana Renewables receives $1.44 billion conditional commitment from DOE for renewable fuels and biomass energy facility

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Calumet Inc. announced on Oct. 16 that the U.S. Department of Energy Loan Programs Office has awarded a conditional commitment for a loan guarantee of up to $1.44 billion to fund SAF capacity expansion at Montana Renewables LLC.

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Gevo Inc. on Oct. 16 announced it has received a conditional commitment for a loan guarantee with disbursements totaling $1.46 billion from the U.S. Department of Energy Loan Programs Office for its Net-Zero 1 project (NZ1) in South Dakota.

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Cathay Cargo and DB Schenker jointly held a signing ceremony on Oct. 8 at the airline’s Cathay City headquarters to mark the global forwarder’s membership of the Cathay Corporate Sustainable Aviation Fuel (SAF) Programme.

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