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The aviation sector has charted a course to decarbonize itself – and investors see opportunity. According to BNEF, startups with a focus on low-carbon aviation technology raised $4.6 billion in 2022, and another $1.21 billion was added to that tally in the first half of 2023. Among venture capital and private equity investments, sustainable aviation …
Continue reading “The Future Is Bright for Turning Sunlight Into Sustainable Jet Fuel”
Synhelion has joined the WEF’s Global Innovators Community. The Global Innovators Community is an invitation-only group of the world’s most promising start-ups and scale-ups that are at the forefront of ethical technological and business model innovation. Synhelion will actively contribute toward the Airports of Tomorrow (AoT) initiative. As part of the WEF’s Center for Nature …
Vast Solar Pty Ltd (Vast), a world-leader in concentrated solar thermal power (CSP) energy systems, today announced that it has entered into a subscription agreement with Canberra Airport Group (Canberra Airport) to purchase up to USD $10 million of Vast ordinary shares at an approximate price of USD10.20 per share through an investment vehicle. The …
Australian cleantech company Vast Solar, a world-leader in concentrated solar thermal power (CSP), and the Solar Methanol Consortium have been selected to receive AUD$19.48m and EUR13.2m from a collaboration between the Australian and German Governments to develop a world-first green methanol demonstration plant, SM1 in Port Augusta, South Australia. The German-Australian Hydrogen Innovation and Technology Incubator …
The latest figures for aviation fuel use per year show that the world used 300 megatons of jet fuel annually in 2019, manufacturing them from fossil fuels. But a carbon-constrained future requires us to envision a world that can produce that much aviation fuel for commercial aircraft, but without carbon emissions. A promising technology (see …
Continue reading “How Much Land Would Concentrated Solar Power Need to make All Our Aviation Fuel?”