SAF

Farmers Edge and Gevo Enter Collaboration on Climate-Smart Farm-to-Flight Project

Retrieved on: 
Tuesday, April 9, 2024
Other Energy, Air, Transport, Agriculture, Alternative Energy, Natural Resources, Energy, Gevo, Ethanol, USDA, Aviation biofuel, GEVO, Education, Acquisition, Edge, Farmer, Multimedia, SAF, Renewable energy

Farmers Edge Inc. a pure-play digital agriculture company, and Gevo Inc. (NASDAQ: GEVO), a leader in renewable fuels, have entered a collaboration as part of Gevo’s Climate-Smart Farm-to-Flight project that utilizes funding from a U.S. Department of Agriculture (USDA) grant.

Key Points: 
  • Farmers Edge Inc. a pure-play digital agriculture company, and Gevo Inc. (NASDAQ: GEVO), a leader in renewable fuels, have entered a collaboration as part of Gevo’s Climate-Smart Farm-to-Flight project that utilizes funding from a U.S. Department of Agriculture (USDA) grant.
  • Farmers Edge has already been working with growers in Canada on carbon-intensity programs for the past 3 years and will bring their experience to the recruitment and education aspects of the project.
  • Collaborating with growers across three states, Farmers Edge will support in the data capture associated with the qualifying sustainability practices and calculation of field-level CI scores.
  • Farmers Edge is committed to helping growers be the best by digitizing their operations and telling their sustainability story through data.

Strategic Biofuels Announces Strategic Investment from Magnolia Sustainable Energy Partners

Retrieved on: 
Tuesday, April 9, 2024
Carbon, Sumitomo Group, Partnership, LGF, JX, CCS, Biofuel, Utilization, Forestry, CCUS, SAF, Renewable energy

COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels, a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX). The investment from M-SEP will be used to further advance the company's flagship Louisiana Green Fuels (LGF) project, an ultra-low carbon negative SAF plant located in Caldwell Parish, Louisiana.

Key Points: 
  • COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels , a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX).
  • "It's an honor to work with Strategic Biofuels and SCOA, who possess remarkable technical, project management, business, and financing expertise and leadership to help us achieve our goals."
  • We continue to support creating strategic partnership with Japanese strategic investors through M-SEP"
    In February, SCOA announced a major investment commitment to Strategic Biofuels' LGF project, revealing that it will help the project reach a Financial Investment Decision and commencement of construction in early 2025.
  • At the same time, Strategic Biofuels announced that it would be shifting its primary renewable fuel product to SAF.

NEW RISE RENEWABLES ANNOUNCES CONVERSION OF STATE-OF-THE-ART RENEWABLE DIESEL FACILITY IN NEVADA PAVING THE WAY FOR SUSTAINABLE AVIATION FUEL (SAF) PRODUCTION

Retrieved on: 
Tuesday, April 9, 2024
McCarran, Carbon, Air travel, Movement, Aviation, TRIC, SAF, Renewable energy

RENO, Nev., April 9, 2024 /PRNewswire/ -- New Rise Renewables , a cutting-edge renewable energy company, announces the inauguration of its new 3200 barrel-per-day renewable sustainable aviation fuel (SAF) facility located at the Reno-Tahoe Industrial Complex in Storey County, Nevada.

Key Points: 
  • RENO, Nev., April 9, 2024 /PRNewswire/ -- New Rise Renewables , a cutting-edge renewable energy company, announces the inauguration of its new 3200 barrel-per-day renewable sustainable aviation fuel (SAF) facility located at the Reno-Tahoe Industrial Complex in Storey County, Nevada.
  • This facility, situated on a 10-acre parcel at 611 Peru Drive, McCarran NV 89436, is nearly through the conversion of its existing renewable diesel plant as part of a groundbreaking effort to revolutionize the aviation industry by producing sustainable aviation fuel (SAF).
  • As the demand for sustainable aviation fuel continues to rise, estimating the need for over 3 billion gallons per year by 2030, New Rise Renewables is committed to decarbonizing the aviation industry while supporting American agriculture.
  • New Rise Renewables' entrance into the production of sustainable aviation fuel marks a pioneering effort in the industry.

Aemetis Approved by USCIS for $200 million of EB-5 Investment in Biogas, SAF and Carbon Sequestration Projects

Retrieved on: 
Thursday, March 21, 2024
Ethanol, USDA, NCE, Natural gas, Oil, Growth, Authority, Unemployment, EB-5, ATC, Aviation, Biofuel, Carbon, Sugar, CO2, USCIS, JCE, Region, RD, Renewable natural gas, Engineering, RNG, SAF, Renewable energy

Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel (SAF) production plant, the dairy renewable natural gas (RNG) project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant.

Key Points: 
  • Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel (SAF) production plant, the dairy renewable natural gas (RNG) project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant.
  • The Riverbank plant was recently granted Authority to Construct (ATC) air permits and is designed to produce 78 million gallons per year of SAF for the aviation market.
  • Aemetis has already secured more than $3 billion of contracts to supply airlines with SAF.
  • The Project’s two primary locations are the Aemetis Advanced Fuels Keyes 65 million gallon per year ethanol plant and the Riverbank Industrial Complex.

JetBlue Expands Transatlantic Service to Paris With Launch of Daily Nonstop Flight From Boston

Retrieved on: 
Thursday, April 4, 2024
Air, Transport, Transportation, Vacation, Destinations, Travel, Tea, DIG, Caraá, Sport, Tuft, DHG, Partnership, Coffee, Legacy Recordings, Terminal, Sale, News, JetBlue Mint, A321, A321LR, Carbon, Plus ultra, Wine, Investment, JetBlue, Tuft & Needle, TrueBlue, Restaurant, Atmosphere, CDG, Aircraft, Fortification, Beer, BOS, Paris Agreement, Economics, Television, SAF, Airline

The A321 - offering the range of a wide-body but with the economics of a single-aisle aircraft- allows JetBlue to effectively disrupt the transatlantic market with the airline’s award-winning service and low fares.

Key Points: 
  • The A321 - offering the range of a wide-body but with the economics of a single-aisle aircraft- allows JetBlue to effectively disrupt the transatlantic market with the airline’s award-winning service and low fares.
  • Charles de Gaulle airport is Europe’s second busiest international airport, serving more than 76 million travelers in 2019.
  • Through this strategy, JetBlue’s goal is to reach net zero carbon emissions by 2040, ten years ahead of broader industry targets.
  • JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan.

Phillips 66 Announces Major Milestone in Production of Renewable Diesel

Retrieved on: 
Monday, April 1, 2024
Professional Services, Other Energy, Utilities, Oil, Gas, Energy, Finance, Carbon, Refining, Phillips 66, PSX, SAF, Renewable energy

Phillips 66 (NYSE: PSX) today announced a major milestone in its conversion of the San Francisco refinery into the Rodeo Renewable Energy Complex, expanding commercial scale production of renewable diesel.

Key Points: 
  • Phillips 66 (NYSE: PSX) today announced a major milestone in its conversion of the San Francisco refinery into the Rodeo Renewable Energy Complex, expanding commercial scale production of renewable diesel.
  • The Rodeo Renewed project has progressed, with the facility now processing only renewable feedstocks and producing approximately 30,000 barrels per day of renewable diesel.
  • The Rodeo Renewable Energy Complex is on track to increase production rates to more than 800 million gallons per year (50,000 BPD) of renewable fuels by the end of the second quarter, positioning Phillips 66 as a leader in renewable fuels.
  • “We are proud to announce this significant achievement at our Rodeo facility,” said Rich Harbison, Phillips 66 executive vice president of Refining.

Global Commercial Aviation Turbofan Engines Benchmark Analysis Report 2024: Comparative SWOT & Strategy Focus of the Top 4 Companies - GE Aerospace, Pratt & Whitney, Rolls Royce, Safran - ResearchAndMarkets.com

Retrieved on: 
Friday, March 29, 2024
Aerospace, Manufacturing, Air, Transport, Engineering, Aircraft, Comparative, GE Aviation, RPK, Challenge, Pratt & Whitney, Risk, Growth, Original equipment manufacturer, Shock, MRO, Forecast, Carbon, IATA, Sustainability, MAX, PW1000, Movement, SAF, Airline

The "Top 4 Companies in the Global Commercial Aviation Turbofan Engines Market: GE Aerospace, Pratt & Whitney, Rolls Royce, Safran - Comparative SWOT & Strategy Focus, 2024-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Top 4 Companies in the Global Commercial Aviation Turbofan Engines Market: GE Aerospace, Pratt & Whitney, Rolls Royce, Safran - Comparative SWOT & Strategy Focus, 2024-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global economy, however, is projected to be heading towards a slowdown in 2024 following continued monetary policy tightening posture by central banks globally over the recent years to check inflation.
  • However, any further, major potential shock at this time could send the global economy spiraling down into a recessionary cycle.
  • Against this backdrop, the report provides comprehensive insights into the Top 4 Global Commercial Aviation Turbofan Engine Manufacturers with focus on a blend of quantitative & qualitative analysis.

Terragia Secures $6M to Develop Cost-Competitive, Low-Carbon Biofuel Technology

Retrieved on: 
Thursday, March 28, 2024
Chemicals, Plastics, Alternative Energy, Energy, Green Technology, Manufacturing, Sustainability, Alternative Vehicles, Fuels, Start-Up, University, Education, Professional Services, Environment, Biotechnology, Automotive, Health, Energy Centre, Ethanol, Biofuel, Research, Enzyme, EIP, National Science Foundation, Partnership, Chairperson, Distinguishing, Aviation, Dartmouth College, Carbon, Biology, Education minister, CO2, Ship, Fermentation, Multimedia, SAF, Renewable energy

Terragia Biofuel , a technology startup aiming to drive the next generation of biofuels, today announced it has raised a $6 million seed round led by Engine Ventures and Energy Impact Partners (EIP).

Key Points: 
  • Terragia Biofuel , a technology startup aiming to drive the next generation of biofuels, today announced it has raised a $6 million seed round led by Engine Ventures and Energy Impact Partners (EIP).
  • “Terragia has an exciting opportunity to succeed where others in the cellulosic biofuel industry have not.
  • Brief joins co-founders Lee Lynd, who transitioned to Chief Technology Officer, Bill Brady, Board Chair, and Chris Herring, Vice President of Technology Development.
  • We have a unique opportunity to make a transformational impact on climate outcomes, in addition to generating substantially higher revenues for biofuel producers.”

Next Wave Energy Partners Announces Commercial Operations of Innovative Ethylene-to-Alkylate Production Facility

Retrieved on: 
Wednesday, March 20, 2024
Oil, Gas, Energy, Diamond, Ethanol, ECP, Gasoline, Next wave, Aviation, Transport, Vapor pressure, Carbon, Plastic, Alkylation unit, Engineering, SAF, Renewable energy

Next Wave Energy Partners, LP (“Next Wave”), a portfolio company of Energy Capital Partners (ECP), today announced that its alkylate production facility, known as Project Traveler and located adjacent to the Houston Ship Channel in Pasadena, Texas, has achieved commercial operations.

Key Points: 
  • Next Wave Energy Partners, LP (“Next Wave”), a portfolio company of Energy Capital Partners (ECP), today announced that its alkylate production facility, known as Project Traveler and located adjacent to the Houston Ship Channel in Pasadena, Texas, has achieved commercial operations.
  • “We are extremely pleased that this innovative facility is now producing what we believe to be the world’s highest quality alkylate product,” said Next Wave Executive Chairman Patrick Diamond.
  • “ECP is proud to have partnered with Next Wave, a company that has been at the forefront of the U.S. energy revolution.
  • “By converting natural gas liquids and their derivatives into higher-value, fuel-efficient products, Next Wave has created a win-win scenario for feedstock suppliers and alkylate customers.”

Full-Service Airline Sustainable Aviation Fuel Growth Opportunities with Focus on North America and Europe: United States, United Kingdom, and Norway are Leading the Way in Developing Tax Incentives - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 19, 2024
Oil, Gas, Aerospace, Alternative Energy, Manufacturing, Energy, Research, Forecasting, Investment, Aviation, SAF, Airline

The "Full-Service Airline Sustainable Aviation Fuel Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Full-Service Airline Sustainable Aviation Fuel Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • SAF for commercial aviation is an attractive ancillary revenue channel for traditional oil companies that are seeing competition from new entrants.
  • SAF in commercial aviation was a nascent market in 2022 with limited production and airline participation.
  • The United States, United Kingdom, and Norway are leading the way in developing tax incentives, providing cheaper loans and grants for research and innovation, setting mandates for net-zero aviation operations, and establishing targets for SAF use.