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DOE updates 45ZCF-GREET model

May 30, 2025

BY Erin Krueger

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Neela Biotech raises £2.1m for AI-driven sustainable fuel technology

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By Founders at the University of Cambridge

5 hours ago

Sustainable Aviation Fuels Biogas Business 

Neela Biotech, the Cambridge-based biotech startup turning waste into SAF, on Oct. 8 announced it has raised £2.1 million in pre-seed funding to take its technology from the lab to a pilot-scale trial at a biogas plant over the next two years.

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XCF Global Inc. on Oct. 20 announced that it has entered into a definitive agreement to acquire a renewable fuel production facility in Paramount, California through a newly formed subsidiary of XCF, New Rise Renewables Paramount LLC.

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The USDA on Oct. 19 announced plans to launch a new Harvest Fuel Relief program to provide $8 billion to U.S. farmers to help offset high fuel costs. The one-time payments will be funded through the USDA’s CCC and administered by the FSA.

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CoBank on Oct. 7 released its latest quarterly insights report, which discusses the impact of 45Z clean fuel production credits and fuel mandates on biofuel demand and highlights how soaring fuel prices are impacting the farm supply chain.

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The ASEAN Centre for Energy and Airbus have signed MOU) establishing a three-year cooperation program to support the development of sustainable aviation fuel (SAF) in the Association of Southeast Asian Nations (ASEAN).

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