Syzygy Plasmonics lands IFC agreement to develop SAF pipeline across LatAm
Under the agreement, IFC will provide technical and commercial advisory services as Syzygy advances individual projects. The framework establishes a pathway for further collaboration as Syzygy scales its SAF platform across the region.
The first project supported under the framework is NovaSAF-1, a planned commercial-scale SAF facility in Durazno, Uruguay. As the first commercial deployment of Syzygy’s technology, the project is expected to demonstrate a new approach to producing sustainable aviation fuel using renewable electricity and biogas, while serving as a model for potential future facilities across Latin America.
The collaboration comes at a pivotal moment for the aviation industry, as airlines seek scalable, lower-carbon alternatives to conventional jet fuel. By combining Syzygy’s proprietary light-driven technology with Latin America’s abundant renewable energy resources and biogas feedstocks, Syzygy aims to accelerate the commercialization of SAF in emerging markets.
Category: Fuels
