Xfuel lands $4.77M grant for Catalan fuel production facility
In Spain, XFuel has been awarded a €4.1 million grant from Catalonia’s Nuclear Transition Fund, managed by Catalan regional agency ACCIÓ. The funding will support the development of a new fuel production facility in Catalonia, contributing directly to the economic regeneration of communities facing the future closure of the Ascó and Vandellós nuclear power plants.
XFuel’s investment in the Catalan region will include the construction of a modular fuel production plant capable of processing 16,000 tons of marine waste oils into 14,000 tons of low-carbon marine gas oil.
By using waste-based feedstocks, the project significantly reduces the carbon footprint of the fuel produced, helping to lower emissions in the maritime industry. The facility is expected to create 35 jobs and has been strategically located near the ports of Tarragona, Barcelona, Sagunto and Valencia, minimising emissions associated with feedstock supply and fuel distribution.
The grant – the second largest awarded under the programme, receiving the highest score among grant applicants – was secured in competition with significantly larger, established companies, marking strong recognition of XFuel’s technology and commercial credibility. The Nuclear Transition Fund is one of the region’s most selective and competitive funding mechanisms, designed to attract novel investment and create sustainable employment in industrially transitioning areas.
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Category: Fuels
