XFuel
Palma, Spain
What is XFuel anyway? 🚀🌳⛽ Our mission is to decarbonise the transportation industry, and we devote our technology, time and talent to advancing the transition to sustainable low-carbon fuels. For the world to reach net-zero, we urgently need sustainable liquid fuel replacements now. Over the last 10 years, XFuel has developed and patented technology to produce sustainable low-carbon road, marine and aviation fuels from solid biomass waste sources such as forestry, manufacturing, construction and agriculture. Our road and marine fuel is a drop-in replacement to fossil fuels, not requiring blending, engine modifications or infrastructure investment in energy distribution or storage. Our project capital requirements are up to 5x lower, and our production costs are comparable or lower than fossil fuel market prices. We have a pilot plant in Mallorca, Spain with a production capacity of ~1m litres per year which demonstrates our technology, and have a modular approach to scaling up...