Welcome to our dedicated page for Gevo news (Ticker: GEVO), a resource for investors and traders seeking the latest updates and insights on Gevo stock.
Gevo, Inc. (NASDAQ: GEVO) is frequently in the news for developments in renewable fuels, renewable chemicals, and carbon management. Company announcements highlight progress in synthetic aviation fuel (SAF) based on alcohol-to-jet (ATJ) technology, expansion of carbon capture and sequestration (CCS/CCUS) activities, and the commercialization of carbon dioxide removal credits from its North Dakota operations. News coverage also reflects Gevo’s focus on ethanol production, renewable natural gas (RNG), and the use of its Verity platform for tracking sustainability attributes across agricultural and energy supply chains.
Investors following GEVO news can expect updates on patents and technology milestones, such as the company’s patented Ethanol-to-Olefins (ETO) process that produces light olefins from ethanol for fuels and renewable chemical building blocks. Press releases also describe multi-year carbon dioxide removal sales agreements, ratings of Gevo’s carbon projects by independent carbon rating agencies, and partnerships that combine Gevo’s bioenergy CCS expertise and Verity’s digital tracking with third-party sequestration hubs and transportation networks.
Gevo’s news flow regularly includes information on Section 45Z Clean Fuel Production Credits generated from ethanol production and sold under tax credit transfer agreements, as well as financial results that discuss revenue contributions from its North Dakota facility and dairy-based RNG operations. Corporate governance and leadership transitions, including board and executive changes, are disclosed through Form 8-K filings and accompanying press releases.
For readers tracking GEVO, the news stream provides insight into how the company is integrating ethanol, RNG, ATJ-based jet fuel projects, and carbon markets. Regular updates on project financing, carbon credit sales, and technology deployment offer context for understanding Gevo’s evolving role in low-carbon fuels and carbon management. Bookmark this page to review ongoing press releases, transaction announcements, and regulatory disclosures related to Gevo, Inc.
Gevo, Inc. (NASDAQ: GEVO) has secured a fuel sales agreement with Iberia Airlines, providing 6 million gallons per year of sustainable aviation fuel (SAF) for five years, starting in 2028. The expected total value of the agreement is $165 million, which includes environmental benefits. Iberia Airlines aims for net-zero carbon emissions by 2050, and this deal supports their target of 10% SAF use by 2030. Gevo's mission is to produce one billion gallons of SAF by 2030, enhancing its global impact by expanding its airline partnerships.
Gevo, Inc. (NASDAQ: GEVO) has announced a new five-year agreement with Qatar Airways for the purchase of 5 million gallons of sustainable aviation fuel (SAF) annually, starting in 2028. This agreement supplements a prior memorandum of understanding with the oneworld Alliance, allowing for up to 200 million gallons of SAF purchases. Gevo aims to produce a billion gallons of SAF by 2030, focusing on sustainable farming and renewable energy to reduce emissions.
Gevo, Inc. (NASDAQ: GEVO) announced a conference call on November 8, 2022, at 4:30 p.m. EST to discuss its financial results for Q3 2022, ending September 30. Participants can register through provided links to receive dial-in details. A webcast replay will be accessible two hours post-call on Gevo's Investor Relations webpage. The company aims to transform renewable energy into low-carbon fuels, addressing market needs while reducing greenhouse gas emissions. Gevo believes its technology can significantly impact the low-carbon fuels market.
Gevo, a renewable fuels company, has updated its progress on sustainable aviation fuel (SAF) production. The company secured 375 million gallons per year of financeable SAF agreements, potentially generating $2.3 billion in annual sales. The recent Inflation Reduction Act is expected to benefit Gevo, providing up to $1.75 per gallon tax credits for net-zero carbon intensity SAF. The Net-Zero 1 project is anticipated to produce 55 MGPY of SAF, with Project EBITDA projected between $300-$325 million. Gevo also progresses in RNG production and received a tentative $30 million USDA grant.
Gevo, Inc. (NASDAQ: GEVO) announced that its Climate-Smart Farm to Flight proposal received funding approval from the U.S. Department of Agriculture, with a ceiling of up to $30 million. The initiative is part of the USDA's $2.8 billion funding opportunity aimed at promoting climate-smart commodities. This project will enhance low carbon-intensity corn production and increase sustainable aviation fuel creation, thereby reducing reliance on fossil fuels. Gevo will implement blockchain technology for carbon tracking from farm to airline sales, reflecting its commitment to sustainability.
Gevo, Inc. (NASDAQ: GEVO) has received EPA approval for its Northwest Iowa Renewable Natural Gas project, allowing it to participate in the Renewable Fuel Standard program. This early approval, ahead of the expected timeline, highlights the effectiveness of Gevo's operational and compliance teams. The project will generate approximately 355,000 MMBtu of renewable natural gas annually from dairy cow manure supplied by local farms. Gevo aims to reduce carbon intensity in fuels, striving for net-zero greenhouse gas emissions through renewable energy solutions.
Gevo, Inc. (NASDAQ: GEVO) reported its Q2 2022 financial results, highlighting a revenue of $0.1 million, down from $0.3 million in Q2 2021. The company secured multiple sustainable aviation fuel (SAF) supply agreements, totaling over 350 million gallons annually, projected to generate approximately $2.1 billion in revenue. Gevo's cash reserves increased to $546.8 million, and its Net-Zero 1 project remains on schedule. While operational loss narrowed to $(16.1) million, research and administrative expenses rose significantly. The company remains optimistic about market growth and SAF production capacity.
Gevo, Inc. (NASDAQ: GEVO) has signed a five-year agreement with Alaska Airlines (NYSE: ALK) to supply 37 million gallons annually of sustainable aviation fuel (SAF), starting in 2026. This deal builds upon a memorandum of understanding established in March 2022, potentially leading to future sales of 200 million gallons of SAF per year to other members of the oneworld alliance. Gevo aims to produce one billion gallons of SAF by 2030. The agreement is contingent upon Gevo's ability to develop required production facilities.
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