Project Speedbird - a partnership between Nova Pangaea Technologies,
New funding stream follows multi-million-pound investments by
The project will produce 102 million litres of sustainable aviation fuel (SAF) per year, reducing CO2 emissions by 230,000 tonnes per year - the equivalent of approximately 26,000
It is hoped the new funding will help establish the
Project Speedbird - a joint partnership between Nova Pangaea Technologies (NPT),
NPT, a Teesside-based cleantech company developing advanced biofuels used to produce Sustainable Aviation Fuel (SAF), was awarded
It follows the multi-million-pound investments from
Technological innovation
The SAF will be developed using a combination of NPT's innovative technology, which converts agricultural waste and wood residue feedstocks into second-generation biofuels such as ethanol, and LanzaJet's proprietary technology that converts ethanol into SAF. The NPT ethanol will be initially processed into SAF using LanzaJet's Alcohol to Jet (ATJ) plant in
Project Speedbird will produce 102 million litres of SAF per year, which will reduce CO2 emissions, on a net lifecycle basis, by 230,000 tonnes per year, the equivalent of approximately 26,000
Project Speedbird will produce SAF at full capacity by 2028, supporting progress towards the
'Nova Pangaea Technologies are delighted to have secured this multi-million-pound investment. With support from the Government, and in partnership with
'Our first commercial-scale production facility will be the first of its kind in the
'Sustainable aviation fuel will play a critical role in meeting our net zero targets and is currently the only realistic low carbon solution for long-haul flights, so it is vital that we continue to invest and develop SAF technology in order to create enough supply. We welcome the government's investment and continued support in Project Speedbird which represents landmark new technology for
'The aviation industry has set ambitious and necessary targets to address the urgency of climate change, and this next generation of sustainable aviation fuels will be critical to meeting the industry's goals. Project Speedbird is a tremendous example of what it takes to scale the industry and meet this moment. Government support like this is critical in facilitating that growth and we're thrilled to be working with exceptional partners like
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Notes to Editors
*Based on the calculated average
SAF Production
NPT is one of several companies in the
Second-generation biofuels: Unlike other methods of ethanol production, NPT's REFNOVA process creates second generation biofuels which is produced from residual and waste products, as opposed to first-generation biofuels which are typically produced from crops.
NPT's technology is feedstock agnostic, which de-risks their supply chain and future proofs the production of second-generation ethanol. Residues from sawmills and forestry operations will come from
About Nova Pangaea Technologies
Nova Pangaea Technologies (NPT) is a cleantech company that has created a revolutionary process, converting wood residues and agricultural waste into advanced biofuels and biochar, some of which are then used to produce Sustainable Aviation Fuel (SAF), a crucial tool in the effort to decarbonise flight.
Based in Teesside, NPT has gained significant momentum in recent years, securing millions of pounds worth of private investment and public funding. NPTs innovative REFNOVA process also produces the co-product biochar, a natural carbon sink which can be used as soil enhancement.
Construction at NOVAONE, NPTs commercial-scale production site, is expected to begin by the end of 2023, and the facility is due to be producing fuels by 2025. The development is set to create major employment opportunities, supporting the decarbonisation of the aviation industry, and helping the
About LanzaJet
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the energy transition. As a Sustainable Aviation Fuel (SAF) technology provider and producer with our patented LanzaJet Alcohol-to-Jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by accelerating the deployment of SAF and other clean technologies critical to addressing the climate crisis and transforming the global economy. Further information is available at https://www.lanzajet.com/
About
The airline is committed to achieving net zero carbon emissions through a series of short, medium- and long-term initiatives. In the short-term this includes improving operational efficiency, introducing new fuel efficient aircraft and progressively introducing sustainable aviation fuels using waste feedstocks, while in the medium to longer term this includes continuing to invest in the development and scale up of sustainable aviation fuel and looking at accelerating the growth of new technologies such as zero emissions hydrogen-powered aircraft and carbon capture technology. More details on
About Project Speedbird
In 2021, Nova Pangaea Technologies (NPT) announced the launch of 'Project Speedbird' - a partnership with
Project Speedbird will produce 82,000 tonnes of SAF per year, with
About the
The
'Become a leader in zero-emission flight, kick-starting commercialisation of
The
To support these aims, the
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