
January 15, 2025
BY Alyssa Norris
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The European Union Aviation Safety Agency published the first ReFuelEU Aviation Annual Technical Report, laying out the initial picture of how SAF are being supplied, purchased and used across the European Union.
XCF Global Inc. has signed a binding term sheet with New Rise Australia Pty. Ltd. (New Rise AU) to accelerate the development of biorefineries in Australia. New Rise AU is expected to build and operate at least three SAF facilities.
Rep. Mike Thompson, D-Calif., on Oct. 28 introduced a bill that aims to reinstate many of the renewable energy tax credits eliminated by the One Big Beautiful Bill, including the reinstatement of the 45Z clean fuel production credit “special rate” for SAF.
Plug Power Inc. on Oct. 23 announced a strategic partnership with Edgewood Renewables to support the development and construction of its advanced renewable fuel facility in North Las Vegas, Nevada, that will produce SAF and renewable diesel.
Neste Corp. on Oct. 29 announced sales of SAF reached a record 251,000 metric tons during Q3. The company’s renewable products segment reported improved EBTIDA, comparable sales margins and sales volumes for the three-month period.