XCF Global Capital Inc. announced Feb. 24 that New Rise Renewables LLC has begun commercial production of sustainable aviation fuel (SAF) at the Reno-Tahoe Industrial Park in Story County, Nevada.
In April 2024, New Rise Renewables stated that the conversion from renewable diesel to SAF at its newly constructed 3,200 barrels per day (approximately 45 million gallons per year) facility is nearing completion and production is scheduled to begin in the summer of 2024.
In addition to commencing production, XCF Global Capital announced in February that New Rise has entered into an irrevocable corporate purchase order with an unaffiliated third-party buyer for the sale of over 3 million gallons of pure SAF.
The first shipment of pure SAF is expected to begin in February with deliveries expected to begin in early March.
