Clean Energy Fuels Corp. recently reported significant growth in renewable natural gas (RNG) sales, alongside planning for future opportunities with the upcoming Cummins X15N engine. In the fourth quarter of 2024, Clean Energy sold 62.0 million gallons of RNG, representing an 8.8% rise from the same period the year before. Over the full year, the company achieved a 4.9% increase in RNG sales, totaling 236.7 million gallons, according to details shared at their investor relations site.
This growth comes as Clean Energy gears up for the anticipated end-of-2024 launch of the Cummins X15N, a 15-liter natural gas engine specifically designed for heavy-duty trucks. The company predicts that more than 25 fleets will adopt this engine in 2025, contributing to an estimated fuel usage of 3 to 5 million gallons. To support this rollout, Clean Energy plans to spend up to $104 million in developing anaerobic digestion RNG production facilities, which will supply the necessary fuel for these engines.
Clean Energy Fuels is emphasizing its strategy to drive further adoption of RNG and capitalize on the introduction of the Cummins X15N to strengthen sustainable transportation efforts. This initiative is part of a broader push to integrate cleaner fuel technologies and build a robust infrastructure to meet the evolving needs of the transport sector.