access_time May 11, 2022 labelAnnouncement

The White House and 360Fuel Combine Forces to Advance Alternative Energy Infrastructure


Tuxedo Park, New York - May 11, 2022

The White House has unveiled a new strategy and investments as part of a long-term commitment to spur smart development and adoption of sustainable, homegrown fuels across the United States (U.S.).

The President declared new steps to achieve this goal by increasing fuel supply, offering new options for consumers, and reducing gasoline prices for Americans. Of these investments, 360Fuel scored infrastructure funding to increase U.S. availability of biofuels for consumers.

New infrastructure is greatly needed to support biofuel availability containing ethanol fuel blends with more than 10% content. Today only 3% of all U.S. fueling sites are capable of dispensing E15 or greater biofuel blends. E15 is approved for use in 9 out of 10 cars registered in the U.S. and saves drivers 10 cents per gallon. Flex-fuel vehicles that accept E85 saves drivers 25%, equivalent to over $1 per gallon savings based on today's average fuel price.

Of the Administration’s investments in this critical U.S. renewable energy infrastructure, grant funding of $5.6 million was announced to support 9 projects in 7 states. Projects awarded by the Administration included dedicated funding towards fueling locations part of 360Fuel’s new Tri-State Biofuel Network spanning 53 locations across New York, New Jersey, and Connecticut. This new Tri-State Biofuel Network connects both independent fuel retailers with nationally branded retailers under one mission: to significantly increase the availability of U.S. biofuels to consumers.

360Fuel is building a nationwide retailer, consumer, and supplier network with several new markets scheduled to open across the U.S. in 2022, featuring the new TRON Biofuel Dispenser and Platform. This platform delivers advanced biofuel dispensing alongside enhanced customer experience and biofuels education. Retailers and consumers receive enhanced features through 360Fuel’s patented AI technology, including special built-in automation. The TRON Biofuel Platform is by far the most advantageous fueling infrastructure, offsetting costs for all network participants while encouraging widespread adoption of biofuels produced in the U.S.

"360Fuel is committed to democratizing alternative energy infrastructure across the United States, where 95,000 fueling sites are owned by a single site owner lacking economies of scale. We prioritize these underserved, while solving the complex technological and infrastructure shortfall our nation faces in achieving a sustainable renewable energy framework for widespread adoption," said Werlien Prosperie III, CEO of 360Fuel.

Any retailer and supplier located in the United States can apply to join the 360Fuel Biofuels Network and may be eligible to receive substantial investment towards upgrading existing equipment or towards new construction of biofuel compatible infrastructure.

Apply to join the 360Fuel Biofuels Network

White House Press Release