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XCF Global and Continual Renewable Ventures sign agreement to expand New Rise ANZ renewable fuels platform in Australia

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By XCF Global Inc.

July 24, 2026

Sustainable Aviation Fuels Business Operations Markets 

XCF Global Inc. on July 23 announced that it has entered into a joint commercialization and development agreement with Continual Renewable Ventures Pty Ltd and New Rise Australia Pty Ltd. for a proposed biorefinery project in Australia.

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The U.K. government on July 23 announced plans to broaden eligibility criteria for sustainable aviation fuel (SAF) financing and released updated statistics on the volume of fuel used to meet the country’s SAF mandate last year.

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Sustainable aviation fuel (SAF) could become a major driver of Canada's industrial and economic growth, according to a macroeconomic study conducted by Airbus and ICF, unveiled at the Farnborough International Airshow.

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SAF Magazine announced that six companies have selected to pitch to a group of investors at Pitch Day at the 2026 North American SAF Conference & Expo, taking place Aug. 25-27, 2026 in Tacoma, Washington.

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Air Canada and Airbus have announced their intent to establish a jointly funded Sustainability Co-Investment Platform, which will provide CAD 13.7 million (US$10 million) to support a commercial-scale SAF industry in Canada.

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Topsoe and Sasol have signed a licensing agreement with Allied Biofuels to provide technologies for its eSAF and biobased sustainable aviation fuel (SAF) production facility located in the Khorezm region of Uzbekistan.

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Canada’s bilateral development finance institution, FinDev Canada, announces a $58 million loan to Brazil-based Acelen Renewables. The financing will support the construction and operation of a biorefinery to produce SAF and renewable diesel.

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Axens has announced the launch of the ERA project (Ethanol to Refuel Aviation), France’s first industrial-scale sustainable aviation fuel (SAF) production unit based on advanced bioethanol. The facility is expected to begin operations in 2030.

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The U.S. EPA on July 16 released data showing nearly 2.16 billion RINs were generated under the RFS in June, up 7% when compared to the same month of last year. Total RIN generation for the first half of 2026 reached 11.94 billion.

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Gevo Inc. on July 15 updated its recent progress on its business objectives, including those related to ethanol production, carbon capture and sequestration (CCS), biogas production and plans to produce SAF.

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Delta plans to scale its use of SAF across multiple U.S. hubs and priority cities with a five-year agreement with Shell Aviation set through 2030. The collaboration will help build the infrastructure, delivery, blending and logistics.

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Velocys on July 14 announced the first stage of a product roadmap designed to extend superior microchannel reactor performance to larger, more cost-competitive sustainable aviation fuel (SAF) projects.

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Global project development, manufacturing and engineering group Alfanar on July 1 announced that it has signed a land option agreement for its Lighthouse Green Fuels sustainable aviation fuel (SAF) project in Seal Sands, Teesside, U.K.

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The U.K. Department for Transport on July 13 published a document that sets out the agency’s planned approach to allocating contracts under the government’s upcoming sustainable aviation fuel (SAF) revenue certainty mechanism.

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The North American SAF Conference & Expo has expanded its agenda with the addition of a new Tuesday afternoon General Session featuring many of the industry's most influential leaders and organizations.

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XCF Global Inc., an emerging U.S.-based producer of renewable diesel and sustainable aviation fuel (SAF), on July 9 announced that its New Rise Renewables Reno facility has begun producing renewable fuels.

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Montana Renewables LLC collaborated with Gulfstream Aerospace Corp. and its partners as the exclusive fuel supplier for recent low emissions testing on the Gulfstream G800 aircraft. MRL provided MaxSAF to fuel the aircraft.

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As part of its strategy to reduce the climate impact of business travel, Deutsche Bank is investing in the deployment of sustainable aviation fuel (SAF) in air transport with the Lufthansa Group.

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Ministry of Construction and Global Centre for Green Fuels convenes policymakers, aviation regulators, airlines, fuel suppliers and technology providers to discuss SAF policy frameworks, market development and investment opportunities.

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A research team at the University of Illinois Urbana-Champaign has developed a method to produce jet-grade fuel from food waste, contributing to a circular bioeconomy.

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Refinity, an Innventure Inc. company, on June 22 announced it has licensed technology from PNNL that is designed to convert waste plastic-derived light olefins into distillate-range products for further upgrading into SAF and renewable diesel.

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SkyNRG on May 28 celebrated the groundbreaking of the DSL-01 project in Delfzijl, the Netherlands, a project being delivered by Technip Energies. The sustainable aviation fuel (SAF) facility is expected to be operational in 2028.

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TruAlt Bioenergy Ltd., India's largest ethanol producer and a leading integrated biofuels company, on June 18 announced that it has received approval for financial assistance for its proposed commercial-scale SAF project.

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SAF Magazine, the Commercial Aviation Alternative Fuels Initiative and the Canadian Sustainable Aviation Fuels Initiative released the preliminary agenda for the 2026 North American SAF Conference & Expo, taking place Aug. 25-27 in Tacoma, Washington.

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Allied Biofuels has signed a FEED and detailed engineering contract with rollover to EPC with Sinopec Engineering Group Co., Ltd., for its landmark sustainable aviation fuel (SAF) and e-SAF Project in Uzbekistan.

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XCF Global Inc. on June 24 provided an update on the advancement of its New Rise Renewables Reno facility as it progresses toward initial production during a period of heightened volatility across global fuel markets.

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Brazil-based Petrobras on June 17 announced it has completed the production and sale of its first batch of sustainable aviation fuel (SAF) made from CORSIA-certified soybean oil. The soybean oil was sourced from Bunge.

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OMV Petrom SA has concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) to be produced in Petrobrazi refinery.

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Petrobras on June 19 announced its board of directors has approved a $1.2 billion project to produce sustainable aviation fuel (SAF) and renewable diesel at its existing Presidente Bernardes Refinery (RPBC), located in Cubatão, São Paulo, Brazil.

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Worley has completed the front-end engineering and design (FEED) for Alfanar’s Lighthouse Green Fuels sustainable aviation fuel (SAF) project in Teesside, U.K. A final investment decision on the project is expected next year.

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