In Spain, XFuel’s European Innovation Council Accelerator project, ROW2FUEL, was awarded €7.7M blended finance from the October 2024 call to bring their sustainable transportation fuel to market.
XFuel owns two proprietary technologies to produce high-grade transportation fuel from all types of scalable waste material: Chemical liquid refining (CLR) that refines and cracks hydrocarbon liquids and residues into ultra clean drop-in transport fuels, and Mechanical Catalytic Conversion (MECC) that co-processes lignocellulosic biomass and waste oil producing marine fuels and biochar. Both technologies have the potential to be used for the processing of a diverse range of different waste feedstocks and are designed with decentralized operation in mind.
With this EIC Accelerator project, ROW2FUEL, XFuel will work towards bringing the CLR technology to market. While the current focus for CLR is on sludge-derived Marine Gasoil (MARPOL to MGO), the company has been working on diversifying inputs with highly promising results. XFuel aims to be the first company on the market to produce low-carbon drop-in transportation fuel with certified GHG saving, at a comparable market price to fossil fuels.
The project was awarded in the most competitive EIC Accelerator funding round to date, with 1211 applicants and only 71 awarded projects.
Tags: low carbon fuels, Spain, Xfuel
Category: Fuels
