Global Clean Energy Holdings delivers first renewable diesel from Bakersfield Renewable Fuels Facility
SOURCE: Global Clean Energy Holdings Inc.
December 31, 2024
BY Global Clean Energy Holdings Inc.
Global Clean Energy Holdings Inc., a renewable fuels innovator and leading camelina producer, on Dec. 20 announced that its Bakersfield Renewable Fuels Facility is commercially operational, producing approximately 250,000 gallons of renewable diesel daily. This critical milestone marks a significant step forward as the Company begins delivering sustainable, low-carbon, and cost-efficient fuel to the market.
The Facility leverages patented, highly scalable nonfood camelina varieties to produce renewable fuel that delivers up to 90% lower carbon and greenhouse gas emissions than petroleum-based diesel. With a design capacity of up to approximately 210 million gallons annually, the Facility not only produces renewable diesel but also generates other sustainable co-products, such as renewable propane and renewable butane, contributing to cleaner air quality and a more sustainable energy future.
“I am incredibly proud of our talented team, whose dedication over the past several years has made this achievement possible,” said Noah Verleun, President & Chief Executive Officer. “This milestone validates the tremendous potential of our unique vertically integrated model – from camelina production to refining – and positions us to capitalize on the strong, long-term increasing demand for renewable fuel.”
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Global Clean Energy is selling renewable fuels at its truck loading facility in Bakersfield pursuant to its supply and offtake agreement with Vitol, Inc. Global Clean Energy’s vertically integrated, capital-light, farm-to-fuel business model, combined with the Facility’s advantaged logistics and ability to run on multiple feedstocks, ensures operational efficiencies and production flexibility across the value chain.
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