Southern Energy Renewables and Axens sign MoU to Advance SAF projects in Louisiana
In California, Southern Energy Renewables, a U.S.-based producer of low-cost fuels made from biomass, with a flagship Louisiana project that plans to utilize regional wood-waste biomass to deliver green methanol and carbon-negative sustainable aviation fuel at scale, announced that Southern and Axens have signed a memorandum of understanding to collaborate on the development of SAF and related fuel projects, with an initial focus on Southern’s planned biomass to fuel facility in Louisiana.
Under the MoU, Southern is responsible for leading overall project development, including site work, permitting, feedstock and offtake engagement, and coordination with local stakeholders.
In parallel with the Axens collaboration, Southern has created an experimental digital token referred to as “$SAF.” The current concept is to use $SAF over time as a data layer that helps track and visualize production from Southern’s facilities, starting with limited use at the pilot plant and, subject to further development and approvals, extending to the flagship Louisiana project.
Category: SAF
