
SOURCE: CoBank
March 27, 2024
BY Erin Voegele
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XCF Global Inc. on Oct. 20 announced that it has entered into a definitive agreement to acquire a renewable fuel production facility in Paramount, California through a newly formed subsidiary of XCF, New Rise Renewables Paramount LLC.
The USDA on Oct. 19 announced plans to launch a new Harvest Fuel Relief program to provide $8 billion to U.S. farmers to help offset high fuel costs. The one-time payments will be funded through the USDA’s CCC and administered by the FSA.
Researchers at Penn State have found that mixing manure with plant biomass can increase methane production — which is necessary for biogas — and improve the economic feasibility of farm-scale anaerobic digestion.
XCF Global Inc. on Oct.13 announced September gross product sales of more than $12 million, driven by increasing production and expanding commercial contracts and shipments of 1.4 million gallons from the New Rise Renewables Reno facility.
The U.S. Department of Energy on Oct. 14 released guidance that will help clean fuel producers claim the 45Z clean fuel production credit for fuels, feedstocks and pathways not included in the agency’s current 45Z rate table.