Author Archive: Juan Pedro Tomas

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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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Renewable fuel market to surpass $2 trillion by 2031, research finds

Renewable fuel market to surpass $2 trillion by 2031, research finds

February 10, 2024 |

In Delaware, a new report published by Allied Market Research stated that the renewable fuel market size was valued at $955 billion in 2021, and is estimated to reach $2 trillion by 2031.  The report noted that the market is forecast to expand at a CAGR of 7.9% from 2022 to 2031.  “The renewable fuel […]

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Pakistan’s largest biogas plant opens in Gujjar Colony

Pakistan’s largest biogas plant opens in Gujjar Colony

February 10, 2024 |

In Pakistan, The Express Tribune reported that the biggest biogas plant of Pakistan was inaugurated in Gujjar Colony. The compressed biogas plant has the capacity to produce 600 cubic meters of gas daily. As much as 1,600 kilograms of dung would be used in the biogas plant daily to produce 16,000kg of organic fertilizer, according […]

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Gasum invests to expand biogas plant in Finland

Gasum invests to expand biogas plant in Finland

February 10, 2024 |

In Finland, Finnish energy company Gasum has decided to invest $ 8.08 million in a project aimed at expanding and enhancing the current biogas plant in Riihimäki, Finland.  Operational since 2016, the plant contributes around 45 gigawatt hours (GWh) of biomethane annually to the gas transmission network, meeting industrial and transportation needs for renewable energy, […]

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