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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
In France, Qair, an independent renewable energy company, and Airbus, announced the signing of a memorandum of understanding to jointly structure the sustainable aviation fuels (SAF) sector in the French Occitanie region. The partnership aims at identifying commercial opportunities and share techno-economic data to develop a sustainable aviation fuel (e-SAF) production facility. The partners commit […]
In Germany, DHL Global Forwarding partnered with Schneider Electric to design and launch a multi-modal shipping model, using sustainable aviation fuels to help improve the agility and reduce the environmental impact of its supply chain. Together with Schneider Electric, DHL Global Forwarding has successfully deployed two innovative multi-modal shipping bridges – between Singapore and North […]
