In New Jersey, AIN Online reported that Hill Aircraft, an FBO at Fulton County Executive Airport (KFTY) near Atlanta, announced it will receive a load of sustainable aviation fuel, marking it as the first retail location in Georgia to offer SAF. The SAF shipment to Hill will come ahead of the Peach Bowl, which will […]
In Washington D.C., the Treasury Department and Internal Revenue Service issued a notice regarding the Sustainable Aviation Fuel (SAF) credit. The agencies noted that this is a new credit created by the Inflation Reduction Act of 2022 and applies to a qualified fuel mixture containing sustainable aviation fuel for certain sales or uses in calendar […]
In Scotland, Green Bioactives has successfully completed a $3.18 million seed financing round. The funding round was led by Eos Advisory LLP and included investments from London-based Regenerate Ventures’ Agtech Fund, London and Singapore co-headquartered Milltrust International Group, and Scottish Enterprise, which also provided the company with advisory support. The firm noted that the financing […]
In Portugal, SilicoLife said it concluded the first of two Series A rounds fundraising to the tune of $5.23 million, covered in its entirety by funds managed by venture capital firm BlueCrow . BlueCrow is committed to securing a second, equally sizable, round of investment in SilicoLife. The two rounds of investment are aimed at […]
In the United Arab Emirates, Emirates News Agency reported that sustainability company BEEAH Group signed an agreement to build what it claims to be the first waste-to-hydrogen power plant in the United Arab Emirates. BEEAH signed a memorandum of understanding with the Japanese gas conglomerate Air Water and the British waste-to-fuel technology firm Chinook Sciences. […]
In Argentina, local newspaper Ambito reported that flag carrier Aerolíneas Argentinas plans to establish a comprehensive agenda to access sustainable aviation fuel. The report noted that the airline aims to carry a joint work between state agencies and private companies next year to achieve this goal. “We develop different projects aligned with the Sustainable Development […]
In Malaysia, Petronas, Eni and Euglena announced that they are jointly studying the possibility of developing and operating a biorefinery in the Pengerang Integrated Complex (PIC). The three parties are currently carrying out technical and economic feasibility assessments for the proposed project, with the investment decision expected to be reached by 2023 and the plant […]
In India, Mint reported that Boeing said India is a priority country for its program to decarbonize aerospace globally from both the civilian and military aircraft. Brian Moran, Boeing’s Vice President for Global Sustainability Policy and Partnerships, said the company is confident of delivering commercial airplanes capable of flying on 100% SAF by 2030. “India […]
In the Netherlands, Air France KLM Martinair Cargo said that Metro Shipping is the first of its customers in the United Kingdom to invest in the company’s SAF program. “We are proud to be partnered with Air France KLM Martinair Cargo and take this collaborative approach directly with the airline. Although it is currently early […]
In Thailand, Bangkok Post reported that Thai energy conglomerate Bangchak Corporation plans to start producing SAF from used cooking oil through a JV scheme. The SAF production plant is expected to enter into operations in the last quarter of 2024. Earlier this year, Bangchak, BBGI and Thanachok Oil Light Co. had signed a JV to […]
