Category: Aviation
United’s Bet on Carbon Capture: United Airlines’ UAV Sustainable Flight Fund is backing Heirloom, a leader in direct air capture (DAC) technology, to boost its decarbonization strategy. The investment includes...
Norsk e-Fuel, Prime Capital, and RES are partnering to launch Project Alby, a large-scale sustainable aviation fuel (SAF) plant in Ånge, Sweden. The facility will produce at least 80,000 tons...
The International Civil Aviation Organization (ICAO) is launching the Finvest Hub, a global platform designed to secure funding for aviation sustainability initiatives. This move, formalized through a Letter of Intent...
The U.S. Energy Department has approved the disbursement of a loan guarantee for Calumet (CLMT.O) to expand the Montana Renewables sustainable aviation fuel (SAF) refinery in Great Falls. Why It...
DHL Express has signed a landmark agreement with Cosmo Oil Marketing Co., Ltd. To purchase 7.2 million liters of Sustainable Aviation Fuel (SAF) annually, beginning April 2025. This initiative marks...
The Department of Energy (DOE) has closed a $1.67 billion loan guarantee for Montana Renewables, LLC (MRL) to expand its renewable fuels facility in Great Falls, Montana. This expansion aims...
The European Commission has introduced the Flight Emissions Label (FEL), a voluntary program offering airlines a standardized and transparent way to report flight emissions. Fully operational by July 2025, FEL...
Aramco, TotalEnergies, and the Saudi Investment Recycling Company (SIRC) have joined forces to evaluate the development of a sustainable aviation fuels (SAF) plant in Saudi Arabia’s Eastern Province. The initiative...
Lufthansa Cargo and A.P. Moller – Maersk (Maersk) have announced a strategic collaboration aimed at reducing CO₂ emissions in airfreight through the use of Sustainable Aviation Fuel (SAF). As part...
IAG’s Bold Step Towards Decarbonization International Airlines Group (IAG) has announced a groundbreaking purchase agreement with e-SAF producer Infinium to bolster its sustainability efforts. Infinium will supply power-to-liquid e-SAF to...
A Major Step Toward Sustainability HSBC Hong Kong, Cathay Pacific, and EcoCeres have joined forces to launch Hong Kong’s most significant initiative to date in promoting sustainable aviation fuel (SAF)....
Some of the world’s biggest companies, including BlackRock Inc., Block Inc., Ripple, and Samsara Inc., are driving decarbonization in aviation through a $200 million investment in sustainable aviation fuel (SAF)....
In a groundbreaking move for sustainable air travel, California Governor Gavin Newsom announced a pioneering partnership between the state and Airlines 4 America (A4A) to increase the use of sustainable...
Key Impact Points: Gevo, Inc. has secured a $1.46 billion loan commitment from the U.S. Department of Energy (DOE) Loan Programs Office for its Net-Zero 1 (NZ1) project in South...
Key Impact Points: Loan Guarantees Approved On October 16, 2024, the U.S. Department of Energy announced conditional loan guarantees totaling nearly $3 billion for two significant sustainable aviation fuel (SAF)...
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