What Happened
Brazilian Energy Company Expands Sustainable Aviation Fuel Production
Brazilian energy company Acelen Renewables has secured $1.5 billion in funding to begin construction of a sustainable aviation fuel production facility in Bahia state. The plant, scheduled to begin operations in 2029, plans to produce 1 billion liters per year of SAF. This development may contribute to the growth of the SAF market, which is seen as crucial for reducing carbon emissions in the aviation sector. The funding was reported by Aviation Week.