XCF Global has unveiled a strategic plan to invest nearly $1 billion (€860 million) over the next three years to build a network of sustainable aviation fuel (SAF) production facilities. This move aims to expand its U.S. operations and accelerate international growth. Since its inception, the company has invested over $350 million (€300 million) in […]
On July 28, the European Commission approved a €36 million ($41.07 million) Danish state aid scheme aimed at promoting the use of sustainable aviation fuel (SAF) on domestic routes. This is the first time the Commission has authorized a state aid scheme specifically to encourage SAF usage in aviation. The scheme is designed to support […]
According to Reuters, Indian Oil Corp (IOC), the country’s largest refiner, plans to upgrade a diesel desulfurization unit at its Panipat refinery — which has a capacity of 300,000 barrels per day — to produce sustainable aviation fuel (SAF). The revamp is expected to take place either at the end of this year or early […]
HAMR Energy announced on July 28 that it plans to develop Australia’s first large-scale methanol-to-sustainable aviation fuel (SAF) production facility following the successful completion of a feasibility study, with an estimated project investment of AUD$700 million to AUD$800 million (approximately US$455 million to US$520 million). The project is a key component of HAMR Energy’s strategy […]
According to Reuters in Singapore, the International Air Transport Association (IATA) has intensified its criticism of the European Union’s (EU) mandatory sustainable aviation fuel (SAF) policy. At a recent media roundtable, IATA Director General Willie Walsh stated that the EU’s approach is not only costly but also ineffective in delivering real environmental benefits, especially given […]
EcoCeres Inc., based in Hong Kong, has recently issued a position paper highlighting the importance of fairness, effectiveness, and anti-fraud measures in the EU’s sustainable biofuel certification framework. As Europe accelerates its transition to renewable energy, ensuring the integrity and transparency of sustainability claims has become more crucial than ever. The paper calls for practical, […]
On July 10, XCF Global Inc. announced a major strategic plan to invest nearly $1 billion over the next three years to develop multiple sustainable aviation fuel (SAF) production facilities in the United States, further expanding its influence in the clean energy sector and advancing its global growth strategy. Since its inception, XCF has invested […]
Zhuoyue New Energy announced on the evening of July 8 that it plans to invest RMB 700 million of self-raised funds in a bioenergy production project in Chonburi Province, Thailand. The project will be executed by its wholly owned subsidiary, Zhuoyue New Energy (Thailand) Co., Ltd. The project includes the construction of a 300,000-ton-per-year biodiesel […]
On July 8, All Nippon Airways (ANA), Japan Airlines (JAL), and engineering firm JGC Holdings Corp. held a ceremony at Tokyo’s Haneda Airport to mark the official launch of domestically produced Sustainable Aviation Fuel (SAF) supply in Japan. The event represents a significant step toward decarbonizing the nation’s aviation sector. The SAF used was made […]
On July 1, Bangkok Airways announced the continued expansion of its “Fly Net Zero with Bangkok Airways” initiative by formally incorporating Sustainable Aviation Fuel (SAF) into more of its commercial flights, aiming to significantly reduce carbon emissions from its operations. Since 2024, the airline has been conducting SAF trial flights on the Samui–Bangkok route. It […]