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FinDev Canada commits $58 million to Acelen Renewables to support global climate action and local economic growth in Brazil

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By FinDev Canada

July 20, 2026

Business 

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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The U.S. Grains & BioProducts Council, in cooperation with USDA’s Foreign Agricultural Service and the Korea Biofuels Forum, hosted the 2026 Seoul Biofuels & Sustainable Aviation Fuel (SAF) Conference in Seoul, South Korea in July.

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Moeve and Exolum have secured financing to support the development of Muelle Sur, a strategic logistics and maritime transport hub located at the Port of Huelva. The facility will handle feedstocks and products for Moeve’s new biorefinery.

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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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Hawaii Gov. Josh Green on July 14 signed legislation to create a clean fuel standard (CFS) that aims to reduce the carbon intensity (CI) of transportation fuels by at least 50% below 2019 levels by 2045. Hawaii is the fifth state to implement a CFS.

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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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The USDA’s National Institute of Food and Agriculture has awarded $5.6 million to support 11 projects that focus on converting, treating, processing, refining or manufacturing products to utilize plant, animal and woody biomass.

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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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The American Soybean Association is urging the U.S. EPA to update its lifecycle analysis for soybean oil used to produce renewable diesel, arguing that current methodologies treat soybean oil differently than comparable feedstocks.

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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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CoBank’s Knowledge Exchange on July 8 released a new quarterly report that discusses the current status of the Renewable Fuel Standard, indicating that this year’s level of blending could determine the future trajectory of the program.

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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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Topsoe and Sasol have signed a single point licensing agreement with SUSTAERO, a developer of sustainable aviation fuel (SAF) production infrastructure in Canada. When operational, the proposed project will produce 3,200 barrels per day of SAF.

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The USDA maintained its forecast for 2026-’27 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released July 10. The outlook for soybean oil pricing was unchanged.

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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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The U.S. EIA maintained its 2026 production forecasts for renewable diesel and a category of fuel that includes SAF in its latest Short-Term Energy Outlook, released July 7. The outlook for 2026 biodiesel production was revised down.

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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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The U.S. Department of Agriculture on June 25 announced a final rule establishing technical guidelines for the production of regenerative agricultural biofuel feedstocks, a framework intended to help farmers market crops produced using qualifying regenerative practices into biofuel supply chains.

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The European Parliament on July 8 voted to reject a proposed EU regulation that would have phased out the use of soybean oil as a biofuel feedstock by 2030. Representatives of the EU’s biobased diesel industry applauded the decision.

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USDA’s is scheduled to publish a final rule in Federal Register on July 9 altering the Section 9003 loan guarantee program to bar any borrower or guarantor from remaining involved in a project if it results in a monetary loss to the agency.

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President Donald Trump on June 29 signed a proclamation temporarily suspending countervailing duties (CVDs) on certain phosphate fertilizer imports, providing immediate relief to American farmers.

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U.S. biofuel producers consumed 27.973 billion pounds of feedstock in April, down nearly 8% when compared to March, but up 4% when compared to April 2025, according to data released by the U.S. Energy Information Administration on June 30.

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Total U.S. operable biofuel capacity expanded slightly in April, with gains for renewable diesel and associated fuels. Ethanol capacity was down slightly, while biodiesel capacity remained unchanged, according to data released by the U.S. EIA.

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EIA: The 250-year history of US energy consumption

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By U.S. Energy Information Administration

July 07, 2026

Over the 250-year history of our nation, energy consumption has evolved from wood use in the 18th and 19th centuries to today’s use of modern renewable, hydrocarbon, and nuclear technology, according to the U.S. Energy Information Administration.

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A regulatory agenda released by the White House Office of Management and Budget on July 3 indicates the U.S. Department of the Treasury currently plans to issue final 45Z clean fuel production credit regulations in November 2026.

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The USDA’s National Agricultural Statistics Service on June 30 announced U.S. farmers planted an estimated 85.4 million acres of soybeans in 2025, up 5% when compared to last year. Planted acreage is up or unchanged in 20 of the 29 estimating states.

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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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