Haffner Energy and IGNIS P2X have announced the launch of their collaborative project, AeroVerde, in Spain, marking a significant development in the energy transition sector. The project focuses on producing bio and e-Sustainable Aviation Fuel (SAF) utilizing Haffner's innovative technology, which converts residual biomass into hydrogen-rich syngas. This initiative aims to address the growing need for SAF in the European Union, which under regulatory mandates, must increase its use significantly. By strategically locating its first site to optimize biomass supply and reduce the carbon footprint associated with transport, AeroVerde seeks to advance sustainable fuel production in alignment with circular economy principles.
In other market news, Goldwind Science&Technology (SZSE:002202) was a standout up 10% and ending the day at CN¥29.04. Meanwhile, First Solar (NasdaqGS:FSLR) trailed, down 10.3% to end trading at $241.11.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com