November 18, 2021
BY Erin Krueger
Advertisement
Advertisement
The U.S. Energy Information Administration reduced its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Oct. 8. The production forecast for “other biofuel,” including sustainable aviation fuel (SAF), was maintained.
Greenlane Renewables Inc. on Oct. 6 announced that the company has extended its $20 million standby letter of credit facility to Sept. 30, 2027. The facility is secured by a guarantee from Export Development Canada.
XCF Global Inc. on Oct. 6 announced that XCF stockholders have approved the proposals necessary to complete the previously announced business combination involving XCF, DevvStream Corp. and Southern Energy Renewables Inc.
BerQ RNG on Oct. 6 announced that it has completed the acquisition of a portfolio of assets from Sevana Bioenergy. The transaction includes the Rialto Bioenergy Facility in California and a pipeline of dairy and swine manure RNG development projects.
Uniper has joined a growing list of aviation fuel buyers that have reserved future production capacity from Syzygy Plasmonics’ NovaSAF platform, as commercial momentum behind the company’s biogas-to-SAF technology continues to build.