XCF Global Produces 886,000 Gallons of Renewable Diesel
MT Newswires Live
Sep 01
XCF Global (SAFX) said Tuesday that its Reno facility has produced more than 886,000 gallons of renewable diesel to date.
The business generated $1.25 million by selling 550,000 renewable energy credits for $2.27 each, and the plant currently ships roughly 55,000 gallons of fuel daily with a permitted capacity of 38 million gallons annually, the company said.
Production of synthetic blending materials for sustainable aviation fuel is slated to begin in Q4, XCF Global said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.