In Norway, Nel ASA and its subsidiaries have initiated a process to adjust capacity to market demand by reducing the workforce and temporarily halting production at the Alkaline production facility in Herøya, Norway. The firm explained that the market for renewable hydrogen production technology has been slower than expected for the industry in general. Order […]
In Vietnam, Vietnam News reported that PetroVietnam Gas Corporation (PV GAS) plans to launch a pilot project for small-scale green hydrogen production and supply to serve industrial and transportation sectors in the southeast region of Vietnam. The initiative aligns with the country’s national energy development strategy and hydrogen strategy for 2030, with a vision toward […]
In Argentina, Mobility Plaza reported that Vissers Energy Group and its consortium partners have been awarded the Hydrogen in Mobility (SWIM) subsidy, valued at nearly $5.12 million. Part of the funding will be used to establish a large-scale hydrogen refueling station in Venlo, while another part will go toward the purchase of hydrogen-powered vehicles for […]
In the UK, Business Airport International reported that Jet Aviation has signed an agreement with World Fuel Services to provide SAF at its site in Basel, Switzerland. The report noted that Basel is the 12th Jet Aviation facility worldwide to offer on-site SAF. Effective immediately, SAF will be permanently available at Jet Aviation Basel for […]
In France, Axens announced that that Galp, a major Portuguese multinational energy corporation, LOKEN, a Malaysian energy player developing one of the first renewable complex in South-East Asia, as well as SAFCO Venture Holdings Limited have selected Axens’ Vegan offering.These three companies will implement Axens’ Vegan solution for their respective Hydrogenated Vegetable Oil and Sustainable […]
In Japan, Cosmo Oil Co., JGC Holdings Corporation, Revo International and SAFFAIRE SKY ENERGY announced the completion of a SAF production facility to manufacture and supply domestically produced SAF using waste cooking oil as a raw material. The partners announced that the construction was completed on December 25, 2024. The four companies aim to be […]
In Florida, Markets and Markets reported that the global aviation fuel market size is estimated to reach $696.2 billion by 2030, up from $249.9 billion in 2022. The report noted that the market is expected to grow at a CAGR of 13.7% during the forecast period. “Demand to reduce emissions and rising initiatives by governments […]
In the UK, the UK Defence Journal reported that The Ministry of Defense (MOD) has confirmed that from 1 January 2025, all aviation fuel procured will include sustainable aviation fuel, aligning with the UK SAF mandate and the government’s net-zero aviation goals. Responding to a written question from Richard Holden MP, Defense Minister Maria Eagle […]
In the UK, Heathrow has announced an increase in its carbon cutting scheme for a fourth year. In 2025, $104.4 million will be available to airlines through the airport’s SAF incentive scheme, targeting 3% of aviation fuel used at Heathrow to be SAF – amounting to 187,000 tons. In 2025, the scheme aims to reduce […]
In Sweden, Alleima will supply Preem with heat exchanger tubes to be used in the conversion of the Lysekil refinery from fossil to renewable fuels. The investment is an important part of Sweden’s green energy transition and will make Preem the largest producer of renewable jet fuel in northern Europe. The redevelopment of Preem’s IsoCracker […]
