XCF Global posts $12M+ September sales on 1.4M gallons of renewable diesel from Reno plant
Published:
English editorial record · renofaro
Key points
- (Nasdaq: SAFX) reported September gross product sales of more than $12 million from renewable diesel, shipping about 1.4 million gallons from its New Rise Renewables Reno facility in Nevada.
- Daily production rose to roughly 85,000 gallons per day by end-September, up from about 50,000 gal/day when the plant restarted earlier this year and over 70,000 in August.
- Revenue covers fuel sales, government incentives and renewable attributes.
Summary
XCF Global Inc. (Nasdaq: SAFX) reported September gross product sales of more than $12 million from renewable diesel, shipping about 1.4 million gallons from its New Rise Renewables Reno facility in Nevada. Daily production rose to roughly 85,000 gallons per day by end-September, up from about 50,000 gal/day when the plant restarted earlier this year and over 70,000 in August. Revenue covers fuel sales, government incentives and renewable attributes. CEO Chris Cooper said the facility is scaling toward repeatable, sustainable commercial operations on the path to its 38-million-gallon-per-year nameplate capacity.
Original source title
XCF Global (Nasdaq:SAFX) Announces $12M+ in Gross Product Sales and Shipments of 1.4 Million Gallons of Renewable Diesel in September
This page provides an editorial summary and links to the original source.
Read the original