First include WebControls namespace to use FieldRenderer:
using Sitecore.Web.UI.WebControls;
Next, use the following overload for the Render method:
FieldRenderer.Render(Item item, string fieldName, string parameters);
As far as the parameters argument goes, this where I had to dig endlessly to figure out the right string every time I use the functionality. Here is the info I was able to come up with, which will hopefully save you some time:
1. Date Formatting, add format= and then formatting string you want to use
FieldRenderer.Render(item, "Date", "format=MM/dd/yyyy")
2. Images - one thing to note, URL format is used to combine parameters together.
FieldRenderer.Render(item, "Date", "w=500&h=700&as=1")
For images the list of options is significantly larger:
w: - Width
h: - Height
mw: - Max Width
mh: - Max Height
la: - Language
vs: - Version
db: - Database
bc: - Background Color
as: - Allow Stretch
sc: - Scale (.33 = 33%)