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CPCFA adopts initial resolution supporting up to $1.1 billion of tax-exempt financing for Aemetis projects

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By Aemetis Inc.

May 27, 2026

Advanced Biofuels Business 

Aemetis Inc. announced on May 21 that the Capital Programs & Climate Financing Authority in California has adopted an initial resolution related to potential future issuance of up to $1.1 billion of tax-exempt bonds for Aemetis projects.

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Acelen Renewables on May 21 announced it has secured $1.5 billion to develop a biorefinery in Brazil that will have the capacity to produce 1 billion liters (264.17 million gallons) of SAF renewable diesel. Operations are expected to begin in 2029.

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Axens on May 20 announced a commercial collaboration with XCF Global Inc. aimed at supporting the market deployment of Vegan, Axens’ proprietary hydroprocessed esters and fatty acids (HEFA) technology.

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SkyKraft, the joint venture between SkyNRG and the Swedish power company Skellefteå Kraft, has been awarded approximately EUR 21 million from the Swedish Energy Agency’s Industriklivet Initiative to support the development of an eSAF project.

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Sen. Pete Ricketts, R-Neb., on May 21 led a bipartisan resolution to designate May 2026 as Renewable Fuels Month. The resolution highlights the critical role renewable fuels play in lowering fuel prices and unleashing American energy independence.

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More than 1.93 billion RINs were generated under the RFS in April, up 3% when compared to the same month of last year, according to data released by the U.S. EPA on May 21. Total RIN generation for the first four months of 2026 reached 7.51 billion.

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Sky Quarry Inc. has announced the execution of a MOU with Southern Energy Renewables Inc. and DevvStream Corp. focused on fuel innovation, refinery integration, and low-carbon fuel development, including opportunities involving SAF.

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Bangchak Group has launched Thailand’s first commercial production of sustainable aviation fuel (SAF) from the country’s first 100% HEFA-SPK SAF stand alone production unit at Bangchak Phra Khanong Refinery.

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In May, the U.S. Grains & BioProducts Council’s regional office for Southeast Asia & Oceania (SEA&O) traveled to Da Nang, Vietnam to participate in the Asia Sustainable Aviation Fuel (SAF) Association’s Innovation & Policy Summit.

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Hazer Group Ltd. on May 12 announced it has entered into a non-binding memorandum of understanding (MOU) with Continual Renewable Ventures to assess opportunities for developing low carbon liquid fuels (LCLF) production in Australia.

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The Ontario government on May 8 announced it is investing $5.5 million to help Greenwater Technology produce renewable diesel and sustainable aviation fuel (SAF) from mill byproducts and underused wood.

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DHL Express and Dubai-based next generation SAF developer SAF One on May 12 announced the signing of a landmark offtake agreement, bringing the first SAF production facility in the Middle East into DHL's global SAF supply network.

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Gpi Tanks XL has been selected by Technip Energies for the construction of 22 stainless steel storage tanks for the SkyNRG project in Delfzijl, the Netherlands. The sustainable aviation fuel (SAF) facility is expected to begin production in 2028.

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Aether Fuels and FlyORO sign MOU

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By Aether Fuels

May 14, 2026

FlyORO Technologies Pte. Ltd. and Aether Fuels on May 11 announced the signing of a non-binding MOU to jointly explore the potential development of SAF supply-chain, blending and associated activities in support of Aether's Project Beacon.

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The U.S. House of Representatives on May 13 voted 218 to 203 to approve the Nationwide Consumer and Fuel Retailers Choice Act. The bill aims to enable year-round E15 sales and revamp the RFS small refinery exemption (SRE) program.

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SABR opposes proposed SRE ‘compromise’ in HR 1346

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By Sustainable Advanced Biofuel Refiners Coalition

May 13, 2026

The Sustainable Advanced Biofuel Refiners Coalition on May 13 announced it is pro-biofuels, pro-agriculture and pro-E15. The group, however, does not support the SRE provisions of the Nationwide Consumer and Fuel Retailer Choice Act.

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BDI-BioEnergy International and Ghent Renewables have successfully commissioned an industry-leading feedstock pretreatment plant at North Sea Port in Ghent, Belgium. The plant will strengthen the supply chain for sustainable fuels, including SAF.

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North Sea Port has announced LanzaTech’s will develop Europe’s first commercial plant for sustainable aviation fuel (SAF) based on alcohol-to-jet technology at its site in Ghent, Belgium. The facility will also produce renewable diesel.

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The U.S. EIA increased its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released May 12. The 2026 forecasts for biodiesel and other biobased diesel fuels, which includes SAF, were maintained.

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The USDA expects soybean oil use in biofuel production to expand significantly during the 2026-’27 marketing year, according to the agency’s latest World Agricultural Supply and Demand Estimates report, released May 12.

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BRIGHT, the Novo Nordisk Foundation Biotechnology Research Institute for the Green Transition at the Technical University of Denmark, and LanzaTech Global have entered a multi-year agreement to accelerate development carbon-to-value biotechnology.

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Calumet Inc. on May 8 confirmed that the MaxSAF expansion at its Montana Renewables facility was completed on time and on budget. The facility has resumed operations and now has the capacity to produce 150 MMgy of SAF.

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Gevo Inc. on May 7 confirmed the company has received nonbinding indications of interest from multiple parties regarding efforts to finance its proposed AtJ project in North Dakota. Efforts to boost ethanol production capacity are also progressing.

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Aemetis Inc. on May 7 released Q1 results, reporting a 27% increase in revenues with growth across its ethanol, RNG and biodiesel segments. Plans for a proposed renewable diesel and SAF plant continue to be impacted by 45Z guidance delays.

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EcoCeres has signed an investment letter of intent with the Dongguan Municipal People's Government to establish the first complete sustainable aviation fuel (SAF) supply chain in the Guangdong-Hong Kong-Macao Greater Bay Area.

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Topsoe has entered into an agreement with Texas based, BioVeritas. The agreement will enable fuel producers to license Topsoe’s HydroFlex technology alongside the BioVeritas Process to produce renewable fuels from second-generation feedstocks.

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The U.S. exported nearly 50,000 barrels per day (b/d) of renewable diesel and other biofuels—a category which includes sustainable aviation fuel (SAF)—in the second half of 2025 (2H25), about 20% of the combined production for those fuels.

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Hawaii lawmakers on May 6 approved legislation to create a clean fuel standard (CFS) that aims to reduce the CI of transportation fuels by at lease 50% below 2019 levels by 2045. The bill will now be considered by Hawaii Gov. Josh Green.

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Bayer and bp on May 7 announced that they have entered a long-term strategic alliance to jointly scale the crop camelina, under the brand name newgold. The feedstock can be used to produce biodiesel, renewable diesel and SAF.

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Par Pacific Holdings Inc. on May 5 confirmed that its Hawaii renewable fuels facility began operations in April. The biorefinery has the capacity to produce 61 MMgy of renewable diesel, SAF and other renewable fuels.

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