October 13, 2016
BY Renewable Fuels Association
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XCF Global Inc. announced on Jan. 12 that it is evaluating financing options to support the construction of its New Rise Reno 2 facility. If constructed, New Rise 2 is expected to enable XCF to expand its SAF and renewable fuel platform.
The USDA reduced its forecast for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Jan. 12. The forecast price for soybean oil was unchanged.
U.S. soybean production fell by approximately 3% in 2025, according to the USDA’s latest Crop Production report, released Jan. 12. Soybean yields, however, reached a record high of 53 bushels per acre.
Washington State leaders, aviation industry partners, research institutions, Tribal representatives and sustainability advocates on Jan. 8 launched the Cascadia Sustainable Aviation Accelerator, an initiative that aims to accelerate SAF deployment.
The American Biogas Council on Jan. 8 announced the results of its annual board election. Five directors were re-elected, and one new director—Jessica Linville, senior project manager at Tetra Tech—has joined the board.