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XFuel recebe investimento de ? 8,2 milhões para acelerar a implantação da tecnologia de combustível de baixo carbono
Publicado em 08/08/2022 às 08h31
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Sustainable energy firm XFuel announced it has secured ?8.2 million funding, laying the foundation for the commercialisation of its next-generation synthetic diesel, marine and jet fuel technology.

XFuel´s patented technology efficiently converts biomass waste into low-cost, drop-in fuel that can be used in road, marine, and aviation applications.

It uses feedstock from sustainable waste sources in manufacturing, construction, forestry, and agriculture. Its fuels comply with marine and road fossil fuel specifications, and can therefore be used in existing infrastructure and engines, either blended with conventional fuels or as a replacement.

Using modular and scalable biorefineries, XFuel can produce high-grade fuels at a comparable or lower price point to fossil-based fuels on the market.

Nicholas Ball, CEO of XFuel, said: "There is a clear global consensus to decarbonise, but our dependency on liquid fuels isn´t ending soon enough. For us to reach carbon neutrality and make an impact today, we need liquid fuel replacements that are net-zero, sustainable, drop-in and cost-effective."

"Our mission is to decarbonise the transportation industry and meet this urgent need, and this is why we are thrilled to have received such a vote of confidence from our investors. Our low carbon drop-in fuels and low-cost, modular biorefining technologies will play a major role in global decarbonisation, across the automotive and haulage sectors as well as in hard-to-decarbonise industries like shipping and aviation. This investment will allow us to set the foundations for the commercialisation of our company and the rapid scaling of our technology."
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