In Saudi Arabia, ShiaWaves reported that the Saudi NEOM Green Hydrogen Company (NGHC) has announced significant progress in developing the world’s largest green hydrogen plant, advancing efforts to transition to cleaner energy sources. The plant, set to be fully operational by 2026, aims to produce up to 600 tons of green hydrogen daily, targeting global […]
In Saudi Arabia, ACWA Power signed a memorandum of understanding (MoU) with Snam to explore collaboration and joint investments to establish a supply chain of green hydrogen to Europe. Snam, an European operator in natural gas transportation, storage, and regasification, aims at building a pan-European multi-molecule infrastructure, advancing energy security and the transition to Net […]
In New York Plug Power said it boosted its liquidity by approximately $30 million through the transfer of the Federal Investment Tax Credit (ITC) on January 24, 2025, to a major investor with a strong track record of purchasing comparable credits. The $30 million ITC transfer represents Plug’s first use of the transferability rules under […]
In Massachusetts, Lydian announced the successful pilot demonstration of its technology for producing sustainable aviation fuel for commercial and defense applications. The pilot plant, which can produce up to 25 gallons of fuel per day, is located at RTI International in North Carolina. Lydian’s novel process uses captured CO2, water, and renewable electricity to produce […]
In Bulgaria, Renewables Now reported that Hong Kong-based SAF producer EcoCeres, is planning an initial public offering (IPO) on a European stock exchange, According to a Bloomberg report, the transaction, targeted for next year, could raise between $500 million and $1 billion in proceeds, depending on market conditions, and value the entire business at about […]
In Oklahoma, Emerging Fuels Technology (EFT) announced that it has been awarded a subcontract to provide, under license, a pilot scale version of its proprietary Technology Platform as part of Sea Dragon Energy’s $19.2 million contract with the Office of Naval Research (ONR) to design and build a demonstration unit in Kona, Hawaii to exhibit […]
In Japan, Nippon reported that Japanese company Cosmo Energy Holdings Co. said that it will start supplying domestic sustainable aviation fuel to All Nippon Airways and Japan Airlines in April. Cosmo Energy said that it will be the first to supply SAF made in Japan from materials procured domestically. The company will collect used cooking […]
In Hungary, Hungary Today reported that Budapest Airport’s subsidiary, Airport Fuel Supply Ltd., has successfully passed the audit criteria for the introduction of sustainable aviation fuel at Ferenc Liszt International Airport. Certification is a prerequisite for the airport operator to provide airlines with the minimum 2% sustainable aviation fuel from 1 January 2025, according to […]
In Nebraska, Corporate Travel Management said its proprietary online booking tool (OBT) Lightning now displays SAF scores at the time of booking to help organizations and business travelers make more informed sustainable travel choices. Lightning users will see SAF scores for all 250+ leading airlines when viewing flight search results alongside other critical flight information […]
In California, Verdagy announced it has entered into a strategic partnership with Petron Scientech. Under the terms of the deal, Petron will use 320 MW of Verdagy’s eDynamic electrolyzers to produce over 45 kilo tons per annum (KTA) of green hydrogen for integration into its first biorefinery project for production of SAF, renewable diesel and […]
