Category: SAF

Destination 2050 says inclusion of SAF in EU’s Net-Zero Industry Act is only the first step in developing a leading SAF industry in Europe

Destination 2050 says inclusion of SAF in EU’s Net-Zero Industry Act is only the first step in developing a leading SAF industry in Europe

February 14, 2024 |

In Belgium, the Destination 2050 alliance said that following the inclusion of SAF as a ‘strategic net zero technology’ under the EU Net Zero Industry Act, the five leading European aviation associations representing Europe’s airlines, airports, civil aeronautics industry and air navigation service providers, are calling on EU policymakers to go further to ensure Europe […]

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LanzaJet and Jet Zero Australia sign deal to advance Australia’s first ethanol to SAF plant

LanzaJet and Jet Zero Australia sign deal to advance Australia’s first ethanol to SAF plant

February 14, 2024 |

In Australia, Jet Zero Australia announced the the execution of a first-of-a-kind license and engineering agreement for Australia between Jet Zero and LanzaJet. The agreement will progress the development of Project Ulysses, a North Queensland SAF project using LanzaJet’s Alcohol-to-Jet (ATJ) technology, that converts the bioethanol into SAF and renewable diesel. The project is the […]

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APAC SAF market to expand at CAGR of 59% in 2023-2033, study finds

APAC SAF market to expand at CAGR of 59% in 2023-2033, study finds

February 14, 2024 |

In Ireland, Research and Markets reported that the Asia-Pacific sustainable aviation fuel market is estimated to reach $39.23 billion by 2033 from $380 million in 2023. According to the research, the SAF market in the region is forecast to expand at a CAGR of 58.99% during the forecast period 2023-2033. “Growth in the sector is […]

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Velocys begins new chapter as a private SAF technology company with new funds

Velocys begins new chapter as a private SAF technology company with new funds

February 14, 2024 |

In the UK, Velocys, a SAF technology company, announced that it has begun a new chapter following the completion of its take-private on 18 January 2024. As part of the transaction, a new consortium of growth investors, including Carbon Direct Capital, Lightrock, GenZero and Kibo Investments, has infused Velocys with US$40 million of growth capital. […]

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American Carbon Alliance issues statement on U.S. Senate Farm to Fly Act

American Carbon Alliance issues statement on U.S. Senate Farm to Fly Act

February 14, 2024 |

In Iowa, the American Carbon Alliance (ACA) issued a statement in response to the Farm to Fly Act announcement. “The development of SAF not only benefits the environment but also opens new markets for farmers. The cultivation of these markets is absolutely crucial for the viability of small and medium-sized farming operations, which have been […]

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Dubai inks MoU with global companies to produce SAF

Dubai inks MoU with global companies to produce SAF

February 14, 2024 |

In the United Arab Emirates (UAE), Gulf Business reported that the Dubai Municipality has partnered with global companies to create a project that transforms waste into sustainable aviation fuel (SAF). This initiative, signed at the World Governments Summit 2024, with ENOC, BESIX Middle East, and Marubeni Middle East and Africa Power, paves the way for […]

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Natixis Corporate & Investment Banking joins United Airlines Ventures SAF fund

Natixis Corporate & Investment Banking joins United Airlines Ventures SAF fund

February 14, 2024 |

In New York, Natixis Corporate & Investment Banking (Natixis CIB) announced its investment in the United Airlines Ventures Sustainable Flight Fund. Natixis CIB joins a group of 22 investors consisting of industry leaders across the aviation value chain including OEMs, airlines, fuel producers, technology and engineering specialists, banks, aircraft lessors and travel management. “Our commitment […]

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Sherbacow pleads guilty to wire fraud, awaits sentencing

Sherbacow pleads guilty to wire fraud, awaits sentencing

February 8, 2024 |

In Washington, Acting Assistant Attorney General Nicole M. Argentieri of the Justice Department’s Criminal Division and Assistant Director in Charge David Sundberg of the FBI Washington Field Office announced that Bryan Sherbacow, founder and former CEO of a sustainable fuel company, Alder Energy LLC dba Alder Fuels, pleaded guilty today one count of wire fraud […]

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DHL Express helps SCREEN Semiconductor Solutions cut carbon emissions using SAF

DHL Express helps SCREEN Semiconductor Solutions cut carbon emissions using SAF

February 7, 2024 |

In Japan, DHL Express and SCREEN Semiconductor Solutions Co. have signed a long-term agreement for GoGreen Plus, an international shipping service that reduces the carbon emissions through the use of sustainable aviation fuel (SAF). With the signing of this agreement, SCREEN Semiconductor Solutions, a Japanese manufacturer of semiconductor equipment will reduce 100% of the CO2 […]

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AerCap says governments will need to make huge investments in SAF for greener fleets

AerCap says governments will need to make huge investments in SAF for greener fleets

February 7, 2024 |

In Ireland, Reuters reported that governments will need to invest huge sums of taxpayers’ money if they want the fleets of the future to fly mainly on greener fuel, according to Aengus Kelly, CEO of the world’s number one lessor AerCap. “If governments want airlines to burn sustainable aviation fuel, they’re going to need to […]

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