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DOE announces up to $23 million to propel renewable chemicals and fuels

3D model of a molecular structure and bio-based fuel close up. Image credits: Getty Images and Adobe Stock.

January 14, 2025

BY U.S. Department of Energy

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DevvStream, Southern, and Frontline BioEnergy to advance biomass-to-jet development and environmental-asset monetization

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By DevvStream Corp.

February 06, 2026

Sustainable Aviation Fuels Chemicals Business 

DevvStream Corp. has signed a term sheet with Southern Energy Renewables Inc. and Frontline BioEnergy that outlines an expanded collaboration to support the development and de-risking of Southern’s planned biomass-to-fuels and chemicals platform.

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Neste Corp. on Feb. 5 released Q4, reporting that renewable sales volume were up for both the quarter and the full year 2025. The renewable diesel market improved toward the end of the year and record-high SAF sales supported profitability.

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Eni and Q8 Italy announce a major strategic investment in the ongoing project for the construction of a new biorefinery in Priolo, Sicily. The facility will have the capacity to produce 500,000 metric tons of renewable diesel and SAF annually.

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Sen. Jerry Moran, R-Kan., on Feb. 2 introduced the bipartisan Securing America’s Fuels (SAF) Act. The bill aims to reinstate the 45Z clean fuel production credit premium for sustainable aviation fuel (SAF) and extend the 45Z credit through 2033.

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The U.S. Department of Treasury and IRS on Feb. 3 released proposed regulations for the 45Z clean fuel production tax credit, as updated by the One Big Beautiful Bill in mid-2025. A public comment period is scheduled to be open for 60 days.

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