What does it take to become a major player in America's sustainable aviation fuel race? For XCF Global, the answer is $300 million and a second production facility in Nevada.
The company announced on December 5, 2025 that it will build New Rise Reno 2, effectively doubling its total SAF production capacity to approximately 80 million gallons per year. Site preparation is already complete, with grading finished on a 10-acre parcel and access roads built.
Construction is set to begin in 2026, and the expansion couldn't come at a more critical time. Current U.S. SAF production represents less than 1% of total jet fuel demand, while federal targets call for 3 billion gallons annually by 2030.
>> RELATED: US SAF Production Hits Critical 30,000 BPD Milestone
"New Rise Reno 2 is the next leap forward in our growth strategy. By adding a second, fully integrated facility, we're turning New Rise Reno into a major U.S. SAF production center and positioning XCF for sustained, long-term growth. This expansion exemplifies how XCF grows: intentionally, efficiently, and with a platform built to meet surging global demand."
Chris Cooper, CEO of XCF Global
The SAF market is entering a pivotal growth phase. Global demand is projected to exceed $25 billion, and the U.S. market alone could reach nearly $7 billion by 2030.
XCF's flagship New Rise Reno facility has already produced over 2.5 million gallons of SAF since beginning commercial operations in February 2025. First customer deliveries followed in March 2025, and the facility currently has a nameplate production capacity of 38 million gallons per year.
An overview of XCF Global's expansion at the New Rise Reno facility. The infographic outlines the planned $300 million investment for Phase 2, which aims to double total Sustainable Aviation Fuel (SAF) production capacity to roughly 80 million gallons per year starting in 2026, complementing the existing $350 million operation.
>> In Other News: Carba Raises $6M Investment Round Led by Rusheen Capital and Canopy Generations Fund to Transform Landfill Waste into Economic Value
One of the smartest aspects of this expansion is the shared infrastructure approach. By building adjacent to the existing facility, XCF can leverage common resources that reduce capital costs and speed up time to production.
The new site will integrate with existing gas, water, rail, hydrogen production, and logistics infrastructure. This efficiency model allows XCF to scale faster while keeping execution risk low.
>> RELATED: A Turbulent Push for Net Zero: How Airlines and Fuel Producers Are Reshaping Flight
In November 2025, XCF signed a Memorandum of Understanding with BGN INT US LLC, a global energy and commodities group. The partnership aims to develop global distribution, marketing, and offtake frameworks across Europe, the Middle East, and other strategic markets.
This deal connects XCF's expanding production capacity with BGN's logistics and trading network. The result is an integrated supply chain from feedstock to finished fuel, a critical piece for scaling sustainable aviation fuel production globally.
"We now have unequivocal evidence that if SAF production is prioritized then feedstock availability is not a barrier in the industry's path to decarbonization. There is enough potential feedstock from sustainable sources to reach net zero carbon emissions in 2050. However, this will only be accomplished with a major acceleration of the SAF industry's growth. We need shovels in the ground now."
Willie Walsh, Director General, International Air Transport Association (IATA)
The U.S. SAF Grand Challenge calls for 3 billion gallons annually by 2030 and 35 billion gallons by 2050 to meet 100% of domestic demand. Meanwhile, Europe's ReFuelEU Aviation mandates require airlines to blend 2% SAF in 2025, rising to 70% by 2050.
XCF is also advancing a pipeline of three additional production sites in Nevada, North Carolina, and Florida. The company is building partnerships across energy and transportation sectors to scale SAF globally.
XCF went public in June 2025 after completing its business combination with Focus Impact BH3 and now trades on Nasdaq under the ticker SAFX.
With $650 million in total planned investment across its Nevada campus, XCF Global is positioning itself as a key player in America's clean aviation future. As mandates tighten and demand accelerates, companies with real production capacity will define the next chapter of aviation decarbonization.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ✈️ AIRCO's Pennsylvania Hub Makes Jet Fuel from CO2 On-Site 🛡️ Initial Partners Selected in Air Force Geologic Hydrogen Energy Resilience Initiative 🍁 Alberta Releases Updated Qu...
Inside This Issue 🛢️ No CCUS, No Pipeline: The $100 Billion Bet Behind Alberta's West Coast Oil Route 🌋 GeoRedox and Canada Nickel Launch the World's First Stimulated Geologic Hydrogen Well in Ont...
Inside This Issue 🏜️ California Resources Corporation Achieves First CO₂ Injection at Carbon TerraVault I, a Major Milestone for Carbon Management in California 💂 Plug and Carlton Power, Barrow Gr...
Climeworks Solutions Signs 10-Year Carbon Removal Agreement With TD Bank
Focused on high-quality North American carbon removal credits Zurich, June 1, 2026 – Climeworks Solutions a global leader in high quality carbon dioxide removal (CDR) portfolios, has signed a 10-y...
Eni CCUS Holding Expands the Financing Sources for Its Platform of CCS Projects
London, May 21st 2026 – Eni and Global Infrastructure Partners (“GIP”), a part of BlackRock, strategic partners in Eni CCUS Holding, announce that Eni CCUS Holding is expanding its financing source...
LSB Industries Reaches Agreement Establishing a Pathway to 100% Ownership of El Dorado CCS Project
Strategic Structure Provides Pathway To Full Ownership While Preserving Near-Term Capital Flexibility OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (NYSE: LXU) (“LSB” or “the Company”), tod...
Alberta Releases Updated Quantification Protocol for CCS
On May 27, 2026, the Government of Alberta released a draft update to the Quantification Protocol for Carbon Dioxide Capture and Permanent Geologic Sequestration. This updated protocol replaces the...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.