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EIA: Total US biofuels capacity expands to 23.77 billion gallons per year in November

SOURCE: U.S. Energy Information Administration

February 2, 2024

BY Erin Krueger

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XCF Global announces agreement to acquire Paramount, California renewable fuel production facility

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By XCF Global Inc.

October 21, 2026

Sustainable Aviation Fuels Business Advanced Biofuels 

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.

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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.

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PurposeEnergy on Oct. 19 announced the commissioning of its industrial food waste and wastewater pre-treatment facility in Minster, Ohio. The facility converts organic waste into biogas, clean water and fertilizer.

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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.

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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.

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