Solena Fuels’ Projects
Our model is to offer an end to end solution to our customers and end users using our proprietary technology as the key enabler. We co-develop our projects with leaders at their respective major hubs. In addition to the list of projects below, additional efforts are underway with other industrial end-users and one of the world’s largest shipping companies.
British Airways (“BA”) is one of the world’s leading airlines transporting over 31 million passengers per year. In 2010, British Airways publicly announced the GreenSky London project with Solena CEO Dr. Robert T. Do and with support from the Mayor of London. In November 2012, BA announced its binding offtake and investment commitment to GreenSky London. The BA offtake commitment represents ~$500 million of jet fuel based on today’s sport prices. GreenSky London will transform tonnes of municipal waste – normally sent to landfills – into Bio-SPK, Green FT Diesel and Green FT Naphtha.
Lufthansa owns the SWISS, Austrian, Brussels and German wings airlines and collectively flies over 100 million passengers per year. In September 2012, Solena and Lufthansa announced the selection of a site at the PCK Industry Park in Schwedt/Oder located approximately 50 miles northeast of Berlin near the Poland border. PCK Industry Park is the largest contiguous industrial park in northern Brandenburg, strategically located in the northeast greater Berlin-Brandenburg economic area on the Berlin-Szczecin axis. The park is an ideal launch pad for outreach to Eastern and Central Europe, Scandinavia and the Baltic states. Solena Berlin will be of the same design and capacity of GreenSky London.
Founded in the Queensland outback in 1920, Qantas has grown to be Australia’s largest domestic and international airline. Registered originally as the Queensland and Northern Territory Aerial Services Limited (QANTAS), Qantas is widely regarded as one of the world’s leading long distance airlines and one of the strongest brands in Australia. Over the next 10 years, the Qantas Group has committed capital investment worth around $23 billion in more fuel efficient, next generation aircraft, such as the Airbus A380, Boeing 787 Dreamliner and Airbus A320 neo. Qantas is committed to renew their current fleet to offer the greatest benefits to fuel efficiency in the long run by replacing older aircraft with new more fuel-efficient aircraft. In addition, Solena is developing an IBGTL facility in Sydney.