Syzygy Plasmonics signs strategic agreement with IFC
IFC provides advisory and financing to scale NovaSAF facilities in Latin America, supporting expansion beyond the Uruguay anchor deployment.
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Photonic chemical technology and sustainable aviation fuel company
plasmonics.techLast updated
In short: Syzygy accelerated its global sustainable aviation fuel deployment through key partnerships with the IFC, Trafigura, and World Fuel.
IFC provides advisory and financing to scale NovaSAF facilities in Latin America, supporting expansion beyond the Uruguay anchor deployment.
They secure a six-year agreement with Trafigura for NovaSAF-1 production in Uruguay and multiple MOUs across Americas. The facility uses biogas and renewable electricity for low-carbon jet fuel.
U.S. Embassy Montevideo recognizes the agreement for biogas-to-SAF pathways promoting decarbonization in Uruguay.
The binding deal covers NovaSAF-1 plant production starting 2028, using biogas for cost-competitive sustainable aviation fuel.
Syzygy Plasmonics, a developer of light-driven reactor technology and Sustainable Aviation Fuel (SAF) projects, today announced that it has entered into a capacity reservation agreement...
Syzygy Plasmonics has begun the front-end engineering and design (FEED) phase for NovaSAF 1, described by the company as the world's first fully electrified facility...
US reactor technology company Syzygy Plasmonics has signed a memorandum of understanding with Brazilian developer Geo bio gas&carbon to develop commercial-scale sustainable aviation fuel projects...
Credit: Syzygy Plasmonics U.S. startup Syzygy Plasmonics has signed an agreement to develop commercial-scale facilities in Brazil to produce sustainable aviation fuel (SAF) using biogas...
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