Welcome to visit box knife Middia website
Microsoft invests in clean energy startup LanzaJet, working on sustainable aviation fuel and more
Release time:2024-09-11click:0
According to MSPoweruser, Microsoft announced on Thursday that it has made a $50 million investment in LanzaJet, a clean energy startup working on sustainable aviation fuel and renewable diesel. LanzaJet received the funding through the Microsoft Climate Innovation Fund, which it will use to build its first ethanol-jet Sustainable Aviation Fuel (SAF) production plant. This investment will enable Microsoft to obtain sustainable, renewable diesel for its data centers, taking Microsoft further towards its net-zero goals.
"We know that creating the change our world desperately needs requires persistence, innovation and like-minded partnerships. We are excited to invite Microsoft and its Climate Innovation Fund to help us in Georgia LanzaJet CEO Jimmy Samartzis said: “Partnering with Microsoft is more than just financing – it advances our work to achieve net-zero fuels, it makes low-cost sustainable fuels accessible. Market, it supports the urgency of scale-up and deployment of real, proven technology." Jimmy added: "We have set an ambitious goal to support the White House in Achieving the goal of 1 billion gallons of sustainable fuels by 2030. With support from Microsoft, this first plant significantly expands the production of sustainable fuels in the United States, establishing Georgia at the forefront of clean technology and establishing our status as the first state in the world. The foundation for a sustainable producer of ethanol-jet fuel and our blueprint for developing commercial plants around the world. "With this investment, we support LanzaJet in creating new ways to Helping companies across industries achieve net zero carbon by using sustainable fuels and decarbonizing hard-to-abate industries and technologies is critical to achieving our carbon reduction goals by 2030," said Brandon Middaugh of the Microsoft Climate Innovation Fund. "We look forward to working with LanzaJet to accelerate the global development and deployment of high-quality, sustainable fuel technologies."
(Original title: Microsoft invests in clean energy startup LanzaJet to commit to sustainable aviation Fuel, etc.)