
SOUCE: Summit Carbon Solutions
January 28, 2025
BY Erin Krueger
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Circularity Fuels, which earlier this year completed the world’s first end-to-end conversion of raw biogas from dairy manure into SAF, on Nov. 5 announced it has closed a $7 million seed round led by Trucks and DCVC.
The European Bank for Reconstruction and Development is considering providing a senior secured loan of up to $135 million to a sustainable aviation fuel (SAF) project under development in Morocco by Green Sky Capital Manara Ltd.
Shell Aviation on Nov. 2 announced it has signed a long-term offtake agreement for sustainable aviation fuel (SAF) with Green Sky Manara LLC, a subsidiary of Green Sky Capital that is developing a proposed biorefinery in Morocco.
The Massachusetts Port Authority (Massport) joined Delta Air Lines, elected officials, Shell Aviation and aviation stakeholders on Oct. 29 to mark a major milestone in sustainable aviation with the first barge delivery of SAF to Massachusetts.
Neste on Oct. 29 announced renewable product sales volumes reached a record 1.29 million metric tons during the third quarter. Total renewable fuel production was up 20%, with renewable diesel production up 34% and SAF production down 30%.