In New York, Technavio reported that the global sustainable aviation fuel market is estimated to grow by %1.98 billion from 2022 to 2027, growing at a CAGR of 59.08%. The report noted that the biofuel segment is estimated to witness significant growth during the forecast period. “Regulatory bodies have been placing a greater emphasis on […]
In Spain, local airline Volotea said it has completed its first flight with 50% SAF fuel supplied by Spainish oil company Repsol. The route selected for this event has been the new connection between Madrid and the Region of Murcia, inaugurated last December. Volotea’s first flight with 50% SAF – the maximum allowed by current […]
In the UK, Hydrocarbon Engineering reported that Willis Sustainable Fuels, the wholly-owned subsidiary of Willis Lease Finance Corp. (WLFC), a leading lessor of commercial aircraft engines and global provider of aviation services, has announced that the Redcar and Cleveland Borough Council has approved the plans for its Carbonshift SAF refinery project at Teesworks in Tees […]
In Japan, Kintetsu World Express and Volvo Group have embarked on a partnership for the use of sustainable aviation fuel. The Volvo Group will purchase the environmental attributes derived from SAF through Kintetsu World Express for all their contracted air freight shipments year-round with KWE. Yoshikazu Yashiki, Managing Officer of KWE said: “As a global […]
In the UK, Jet2.com has announced that it will use a blend of SAF at Bristol Airport in 2024, almost a year ahead of the UK’s Government’s SAF mandate which is due to be introduced from 2025. The UK’s third largest airline has purchased over 300 tons of SAF from Q8Aviation, which will be used […]
In Ireland, Ryanair announced that it will take an additional 500 tons of SAF from OMV in 2024. This agreement will save a further 1,250 tons in CO2 emissions, the airline said. Under Ryanair and OMV’s agreement, Ryanair has unique access to purchase up to 160,000 metric tons of SAF from OMV up to 2030. […]
In Japan, Nissan Motor Co. announced that it has developed a stationary, bio-ethanol-fueled system capable of high-efficiency power generation. Trials have begun at Nissan’s Tochigi Plant in Japan aimed to improve power generation capacity toward full-scale operations from 2030, the company said. In 2016 Nissan became the first automotive company in the world to create […]
In the United Arab Emirates (UAE), Utilities Middle East reported that Iraq has attracted significant interest from both local and foreign companies for the construction of a waste-to-energy plant in Nahrawan, in Baghdad. The National Investment Commission (NIC) in Iraq announced that it has received 17 bids for the project, according to the report. With […]
In France, shipping firm CMA CGM reported it recently signed a deal with Nike under which the latter will purchase sustainable biofuel for a part of their maritime transport. This initiative will make an important contribution to the decarbonization of Nike’s supply chain, said CMA CGM. From July 1, 2023, to May 31, 2024, Nike […]
In Spain, EU Startups reported that Sonichem, an UK-based startup that converts low-value forestry by-products into high-value, renewable biochemicals, has secured $1.5 million in Pre-Series A funding including a follow-on investment by ACF Investors. The investment will be used to further develop its technology and finalize plans for a biorefinery plant. Adrian Black, CEO of […]
