E2 on Oct. 15 released a new analysis on the Inflation Reduction Act’s impact along with a survey of more than 900 businesses that indicates repealing or rolling back the IRA’s provisions would result in losses, layoffs and closures.
Universal Fuel Technologies (Unifuel) has closed $3 million in funding for its Flexiforming technology that cuts SAF production costs by up to 50%, and the related carbon emissions by up to 75%. The seed round was led by TO VC.
The U.S. Treasury Department and IRS on Oct. 18 issued additional guidance for the 40B SAF tax credit. The new guidance, Notice 2024-74, addresses the use of an updated 40BSAF-GREET 2024 model released by the U.S. Department of Energy in October.
Vietjet on Oct. 11 fueled two flights with sustainable aviation fuel (SAF) supplied by Petrolimex Aviation. The flights departed from Tan Son Nhat International Airport in Ho Chi Minh City and were destined for Australia and South Korea.
Southwest Airlines Co. on Oct. 17 announced a SAF supply agreement with Valero Marketing and Supply Co., a subsidiary of Valero Energy Corp., to bring SAF to Chicago Midway International Airport in the state’s largest announced SAF supply agreement.
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.
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.
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.
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.
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.
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).
Aether Fuels has signed an MOU with JetBlue. The company has developed technology that utilizes a diverse array of waste feedstocks to produce sustainable liquid fuels, such as SAF, at a lower cost and greater scale than existing approaches.
Cepsa is now supplying SAF in the Canary Islands. The company has made SAF permanently available at the North Tenerife and Gran Canaria airports, and will expand this availability to the archipelago’s other main airports.
DOE: Optimizing a waste-to-fuel future for aviation
By Karthikeyan K. Ramasamy, Laboratory Relationship Manager, Pacific Northwest National
October 03, 2024
With waste-to-fuel SAF becoming an increasingly viable technology, researchers at PNNL are exploring ways to optimize infrastructure and siting decisions for producing, transporting, storing, and using those fuels in the U.S.
Comstock Inc. has announced the execution of an exclusive license agreement and cooperative research and development agreement with NREL involving technologies developed by NREL and MIT for conversion of lignocellulosic biomass into SAF.
Downey Ridge Environmental Co. (Greasezilla) and bp on Oct. 1 announced a groundbreaking agreement that will enable the capture and extraction of brown grease waste as a feedstock for biofuel production.
U.S. Sens. Jerry Moran, R-Kan.; Tammy Duckworth, D-Ill.; John Boozman, R-Ark.; and Amy Klobuchar, D-Minn.; recently launched the Senate Sustainable Aviation Caucus to promote the longevity of the aviation industry and the renewable fuels industry.
Darling Ingredients Inc. has announced that its 50/50 joint venture Diamond Green Diesel will provide the first regular supply of sustainable aviation fuel (SAF) to Florida through an agreement between World Fuel and DHL Express.
Honeywell has signed an agreement with USA BioEnergy to implement its Experion PKS Distributed Control System and safety system at the Texas Renewable Fuels Bon Wier biorefinery, which is designed to convert wood waste into SAF.
The International Air Transport Association has announced it will create the Sustainable Aviation Fuel (SAF) Matchmaker to link airlines and SAF suppliers. The initiative is expected to launch during the first quarter of 2025.
Minnesota SAF Hub announced on Sept. 24 that the first 7,000-gallon shipment of blended SAF made from Minnesota/North Dakota-grown winter camelina arrived at the Minneapolis-St. Paul International Airport fueling facility.
Sen. Roger Marshall, R-Kan., and Rep. Tracey Mann, R-Kan., on Sept. 24 introduced Farmer First Fuel Incentives Act, a bill that aims to extend the 45Z credit through 2034 and restrict the credit to fuels made from domestically produced feedstock.
TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035.
Calumet on Sept. 20 announced Montana Renewables LLC has produced and shipped Minneapolis-St. Paul International Airport’s first blend of SAF. The SAF shipment arrived on Sept. 20 and will be used to fuel Delta Air Lines commercial flights.
Twelve on Sept. 19 announced $645 million in funding. The funding will support the completion of AirPlant One, Twelve's inaugural sustainable aviation fuel (SAF) plant located in Moses Lake, Washington.
AIR COMPANY on Sept. 18 announced it has raised $69 million in Series B funding to advance its carbon conversion technology. Avfuel, a leading global supplier of aviation fuel and services, led the round.
Less than two weeks after Fulcrum BioEnergy Inc. and affiliated companies filed for Chapter 11 bankruptcy protection, the assets of Fulcrum Sierra Biofuels LLC and Fulcrum Bioenergy Inc. are being offered for sale at auction.
Fiji Airways is collaborating with The Fiji Sugar Corp. Ltd. (FSC) and Lee Enterprises Consulting to evaluate the feasibility of sustainable aviation fuel (SAF) production in Fiji. The collaboration is funded by The Asian Development Bank.
Comstock Inc. on Sept. 18 announced the execution of a binding agreement between Comstock Fuels Corp. and SACL Pte. Ltd. related to three biofuel sites under development in Australia to produce 300 MMgy of SAF and renewable fuels.
Neste, ITOCHU and GS Caltex have collaborated to make the first batch of CORSIA-eligible ISCC-certified sustainable aviation fuel (SAF) available for purchase at Narita International Airport in Japan.
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