In California, Ohmium International, a green hydrogen company that designs, manufactures and deploys advanced proton exchange membrane (PEM) electrolyzer systems, announced the close of a $250 million Series C growth equity financing. The round was led by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, and also […]
In the UK, Highlands and Islands Airports Limited (HIAL) reported that sustainable aviation fuel is already available at Inverness Airport. The SAF is supplied by World Fuel Services as a 35% blend and is available to all flight operators at the airport. HIAL’s managing director Inglis Lyon, said: “At HIAL we are committed to reducing […]
In India, research firm Prudent Markets reported that the Middle East and Africa (MENA) sustainable aviation fuel market is projected to register a CAGR of 40.7% in the forecast period of 2022 to 2029. Some of the major factors contributing to the growth of the Middle East and Africa sustainable aviation fuel market are the […]
In Wyoming, Raven SR, a renewable fuels company, said it has signed an agreement with Cap Clean Energy Corp., a clean energy development company headquartered in Calgary, Alberta, to co-develop biofuels facilities in Canada to produce sustainable aviation fuel and renewable diesel for the heavy duty transport sector. The agreement provides a roadmap for a […]
In Finland, Neste said that Mexican low-cost carrier Viva Aerobus signed a new purchase agreement for one million liters of Neste MY Sustainable Aviation Fuel. The sustainable aviation fuel supplied to Viva Aerobus will be blended with conventional jet fuel and used to power the airline’s flights from Los Angeles International Airport to Guadalajara, Mexico […]
In Washington, The Tri-Cities Area Journal of Business reported that the Washington State University Tri-Cities and Snohomish County have teamed up to develop a proposed research and development center for sustainable aviation fuels. According to the report, the $6.5 million SAF Applied Research and Development Center will offer fuel testing, fuel finishing as well as […]
In Delaware, Future Market Insights reported that the sustainable aviation fuel market is anticipated to expand at a CAGR of 60% between 2023 and 2033. The market is expected to reach revenues of $ 61.92 billion by 2033 while it is projected to be valued at $ 563.2 million in 2023. “The slowly decreasing availability […]
In India, Mint reported that the Indian government is considering issuing a directive to force airlines to use blended sustainable aviation fuel by 2025. “We have put together an advisory saying we will look at 1% blending of sustainable aviation fuel by 2025, 2% by 2026, and 5% by 2030,” Union civil aviation minister Jyotiraditya […]
In China, China Daily reported that Honeywell is positioned to expand its business in the sustainable aviation fuel sector in China. “We are optimistic about the SAF industry prospects in the country, which are expected to further facilitate China’s green transition,” said Henry Liu, vice-president and general manager of Honeywell Performance Materials and Technologies Asia-Pacific. […]
In Georgia, Delta said it will purchase up to 10 million gallons of neat SAF from Shell Aviation over a two-year period for use at its hub at Los Angeles International Airport. The company said this new deal will increase the global airline’s SAF commitments to over 200 million gallons – more than halfway to […]
