In January 2024, SAF advanced via government, industry, infrastructure, tech, and production.
- A portion of the initial loan from the U.S. DOE to Montana Renewables faced a delay. A total of $1.44 billion was approved to support the expansion of its Great Falls facility into a key SAF production hub, with $782 million expected on January 28, 2025. However, this has been postponed, and there is no confirmed timeline for when the funds will be received.
- The U.K.’s Department for Transport (DfT) announced ~$82 million in funding for SAF producers through a one-year extension of the Advanced Fuels Fund, a program aimed at financially supporting early-stage SAF projects.
- Haffner Energy, a biomass-to-clean fuels solution provider, announced partnership with LanzaTech and LanzaJet to explore SAF production opportunities, including the development of commercial plants and joint technology licenses.
- J-Oil Mills, a Japanese edible oil producer, produced 100% SAF using inedible oil extracted from Pongamia and Calophyllum seeds, which complies with the international quality standard of ASTM D7566 Annex A2 for the HEFA pathway.
- SQUAKE, an integrated emissions management platform, partnered with Nippon Express, a global logistics company, to offer its clients ways to reduce their CO₂ emissions, including SAF.
- Norsk e-Fuel secured investment from Prime Capital to support the development of its PtL projects, including ongoing projects in Norway and Finland.
- MAIRE’s KT-Kinetics Technology secured a $125 million contract with Pengerang biorefinery in Johor, Malaysia, to build a hydrogen production unit. The biorefinery will use the hydrogen to produce ~215 million gallons of SAF, HVO, and bio-naphtha, with operations set to start by 2028.
- The Budapest Airport’s subsidiary, Airport Fuel Supply, has successfully met the audit criteria and obtained the ISCC EU certification for the introduction of SAF at Ferenc Liszt International Airport in Hungary.
- Enilive announced the start of SAF production at its Gela refinery in Sicily, Italy, with an annual capacity of ~132 million gallons.
- USA BioEnergy secured ~1,600 acres of land in Bon Weir, Texas, U.S., to build a $2.8 billion biorefinery to produce SAF from wood waste.
- Topsoe has signed an agreement with Chuangui New Energy, a Chinese energy company, to supply technology and services for a SAF and renewable diesel plant in Guangxi, China.
- Lydian, a U.S.-based electric fuels company, demonstrated its proprietary technology to produce SAF by converting carbon dioxide and hydrogen into methanol, which is further processed into SAF.
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