Using our proprietary technology, Solena Fuels has developed a synthetic fuels solution and business model that addresses the historical challenges faced by the biofuels market. Solena’s synthetic fuel is a “drop-in” fuel that allows airlines and shipping companies to utilize a sustainable energy source without any changes to their engines or infrastructure. Our proprietary technology allows us to use a wide variety of heterogeneous waste feedstocks that do not compete with crops or use water. We partner with the end users of our fuel to develop a facility that allows them to sustainably operate their business. The aviation and shipping industries consume large amounts of fuel that has traditionally been refined from fossil-based sources - predominately crude oil. The consumption of these fossil fuels is unsustainable, harms the environment and makes it difficult for airlines and shipping companies to operate their businesses. Various market drivers such as the inclusion of airlines into the EU Emissions Trading Scheme (beginning in 2012) and shipping companies incurring sulfur emission restrictions while coming into ports has accelerated the need for our solution. Solena Fuels is committed to helping its partners operate in a sustainable manner by producing a synthetic, drop-in, carbon neutral, low-sulphur fuel from waste biomass.
