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Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant
Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of Energy.
US offers conditional loan guarantees worth about $3 bln for two sustainable aviation fuel projects
The U.S. Department of Energy said on Wednesday it has approved conditional loan guarantee commitments totaling nearly $3 billion for two sustainable aviation fuel projects.
DOE makes $3B commitment to two sustainable aviation fuel projects
Airlines are banking on sustainable aviation fuel to reduce the industry’s planet-warming pollution. But the amount of lower-carbon alternatives available to them right now represents just a few drops in an ocean of petroleum.
Sustainable aviation fuel interest at home and abroad
Interest in sustainable aviation fuel is climbing domestically and overseas. Iowa Corn Growers Association president Stu Swanson says SAF was discussed during a recent trade mission to India. “India Air hopes to become a hub in India for regional air carriers,
Vietjet launches first flights using sustainable aviation fuel
Vietjet launched its first flights using sustainable aviation fuel (SAF) from Tan Son Nhat Airport on October 17, flying to Melbourne and Seoul, marking a step towards sustainability in Vietnam's aviation sector.
Sustainable Aviation Fuel Projects Get Government Boost
The Department of Energy offered conditional loan guarantees worth about $3 billion for two sustainable aviation fuel projects in Montana and South Dakota.
Gevo lands $1.4 billion loan to support South Dakota sustainable aviation fuel plant
Renewable fuels company Gevo has been awarded a $1.4 billion loan guarantee from the U.S. Department of Energy to support a sustainable aviation fuel plant in South Dakota. Tad Hepner, VP for Strategy and Innovation with the Renewable Fuels Association tells
US Offers Conditional Loan Guarantees Worth About $3 Billion for Two Sustainable Aviation Fuel Projects
The U.S. Department of Energy said on Wednesday it has approved conditional loan guarantee commitments totaling nearly $3 billion for two sustainable aviation fuel projects. The agency's Loan Programs Office said the funding of up to $1.
DOE floats $3B loans to boost low-carbon aviation fuel
The Department of Energy announced its first two loans Wednesday for fossil fuel-free aviation fuel, giving a nearly $3 billion boost to the fledgling industry. DOE floated a $1.46 billion loan to biofuels producer Gevo Net-Zero 1 for a facility located in Lake Preston,
AeroTime
22h
SAF: A step towards a greener aviation or just another greenwashing approach?
SAF: a step towards a greener future or greenwashing? AeroTime columnist, Dr. Klaus Radermacher looks at the science behind ...
KFGO
13h
Company proposing Lake Preston jet fuel plant receives $1.46 billion federal endorsement
LAKE PRESTON, S.D. ( South Dakota Searchlight) – The U.S. Department of Energy has granted a conditional loan guarantee worth ...
techxplore
8d
New technology converts wastewater to sustainable aviation fuel with potential 70% reduction in emissions
Made from renewable materials like biomass and agricultural waste, sustainable aviation fuel has enormous potential to ...
14h
Aviation Taxes—Revenue Generators Or Behavior Change Catalysts?
The relevant question for aviation tax policy is whether success is measured in dollars raised or flights not taken.
2d
Calumet’s Strategic Expansion into Sustainable Aviation Fuel Justifies Buy Rating
In a report released today, Jason Gabelman from TD Cowen maintained a Buy rating on Calumet Specialty Products (CLMT – Research Report), ...
AviationPros
10h
Aviation Partners Joins 4AIR Sustainability Solutions Program in Carbon Footprint Assessment
Aviation Partners’ designed Winglets have provided a sustainable option to the industry for decades, saving users billions of ...
1d
Southwest Airlines Signs Sustainable Fuel Deal For Chicago Midway Airport
Southwest Airlines is bringing sustainable aviation fuel to Chicago Midway International Airport. Earlier today, the airline ...
Aviation Week
2d
Germany’s D328 Flies On 100% Power-To-Liquid Fuel
Deutsche Aircraft and German aerospace center DLR have flown for the first time the D328 UpLift testbed, a twin-turboprop ...
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