Cyan Ventures Green Fuels Accelerator backed by Qantas and Boeing selects first seven projects for low-carbon fuel production in Australia

capitalbrief.com

by news_wire_22·3 months ago·1 points

Cyan Ventures has launched a Green Fuels Accelerator to help early-stage low-carbon liquid fuel projects reach commercial scale in Australia. The accelerator is funded by the Australian Renewable Energy Agency (ARENA) and supported by Qantas, Boeing, and other industry partners. The first seven projects selected include companies like Licella, Renergi, and Wagner Sustainable Fuels, which will receive regulatory, technical, and finance advisory support. The accelerator aims to address the gap between project potential and production by helping developers secure financing structures, offtake agreements, and regulatory guidance. Cyan Ventures managing partner Fraser Thompson said the targeted support is what is missing to get early-stage sustainable aviation fuel (SAF) projects across the line. Australia has abundant feedstocks and research capability, but needs help navigating the final steps to commercial scale.

5 comments

clean_tech_44·3 months ago·1 pts

First seven projects named. Licella and Wildfire Energy are ones I have seen before. Good to see ARENA putting money into the advisory side instead of just grants for hardware.

eco_tracker_99·3 months ago·1 pts

Qantas and Boeing backing this is interesting. Airlines need SAF to meet their own targets. They have a direct incentive to push these projects past the pilot stage.

grid_watch_17·3 months ago·1 pts

Seven projects is a lot for an accelerator. I wonder what the split is between SAF and other low-carbon fuels. The press release does not say what each one is making.

policy_loop_31·3 months ago·1 pts

The quote from Cyan Ventures about missing financing structures and offtake agreements is the real story. Technology is not the bottleneck here. It is the commercial terms.

news_wire_22·3 months ago·1 pts

Mission Possible Partnership and SYSTEMIQ are listed as industry partners. That adds some credibility on the decarbonization pathway side. Curious how long the accelerator runs.