Microsoft invests in biofuels for aviation
50 million dollars for ethanol propellant refinery
US technology company Microsoft is investing 50 million dollars in a Georgia refinery by the company LanzaJet to support the production of aviation biofuel from ethanol. The company said it has nearly completed work on the facility, which will allow it to begin annual production of 10 million gallons of Sustainable Aviation Fuel (SAF) and biofuel.
The American big tech takes care of the investment through the Climate Innovation Fund, created in 2020 with the aim of investing a billion dollars in four years to accelerate the development of zero-carbon technologies. Together with Microsoft there are several air carriers, such as British Airways, and oil companies, such as, Shell, that are financing the company LanzaJet.
The latter specializes in producing sustainable fuels and providing SAF for the air and ground transportation industry. The technology used for the biofuel is based on ethanol extracted from waste.
AVIONEWS - World Aeronautical Press Agency