The Greenlane Digest

Investors

April 29th Issue of Greenlane Digest

IN THE NEWS

Greenlane (TSX:GRN) is a pioneer in the rapidly emerging renewable natural gas (RNG) industry. We work with waste producers, gas utilities, and project developers to turn low-value biogas into a valuable low-carbon and carbon-negative clean energy resource. As a leading global provider of biogas upgrading systems, we are helping to clean up two of the largest and most difficult-to-decarbonize sectors of the global energy system: the natural gas grid and the commercial transportation sector.

Greenlane issued the following news release this week:

Greenlane signs $11 million contract for new system sales

Greenlane announced that it has been awarded an $11.4 million (US$8.9 million) contract with a single customer for the supply of its pressure swing adsorption (“PSA”) biogas upgrading systems for new food waste-to-RNG projects across three US states. “According to the U.S. Department of Agriculture, food waste is estimated at between 30-40 percent of the food supply. It is a big problem today that needs solving,” said Brad Douville, President and CEO of Greenlane. “We are excited to be part of the solution by supporting an organization’s drive to improve the environment through a cost effective decarbonization solution that transforms food waste into RNG.”

Greenlane is a pure play in the RNG space, offering multiple core biogas upgrading technologies, in use and proven in the industry today. Biogas upgrading sales are forecasted by industry to grow at a minimum 30% compound annual growth rate (CAGR) over the next five years in North America and Europe. Our demonstrated leadership in biogas upgrading, scope and breadth of product offerings, and over 30 years of industry experience are fierce competitive advantages.

Today, we are a trusted partner globally and are ranked number one in installed capacity, having sold more than 135 biogas upgrading systems into 19 countries and counting. We’ve learned a lot along the way. First to market in 12 of the 19 countries where our systems have been sold, we’re also proud to have supplied the systems for many of the largest RNG production facilities in the world.

THE LATEST

Through the Greenlane Digest, our goal is to provide weekly updates and the latest articles on the RNG industry. Make sure you forward our newsletter to your contacts!

In Dane County, Wisconsin, EnTech Solutions, a full-service clean energy solutions provider, has partnered with Northern Biogas, a fully funded RNG producer, to repurpose an anaerobic biodigester facility formerly producing electricity to now produce clean RNG using agricultural waste from four local dairy farms. The facility’s RNG is trucked to Dane County’s landfill offload station, where it is injected through the county’s equipment into the interstate transmission pipeline to be used as renewable fuel to power fleets of RNG vehicles.

North American energy infrastructure company, TC Energy, and GreenGasUSA have joined forces to explore the development of a network of natural gas transportation hubs, including RNG, in the United States. The hubs would provide centralised access to existing energy transportation infrastructure for RNG sources, such as farms, wastewater treatment facilities, and landfills. As part of this strategic collaboration, GreenGasUSA will originate RNG, condition the gas to pipeline quality, and transport it to the RNG hub. This is underpinned by firm transportation contracts with TC Energy. TC Energy will build, own, and operate the hubs, developing critical steps towards the acceleration of methane capture projects and, therefore, the reduction of greenhouse gas emissions.

Nestlé has switched 75% of its truck fleet from diesel to bio-LNG. The food and beverage giant will now make its deliveries around the UK and Ireland emitting up to 95% less carbon, marking a significant step towards Nestlé’s commitment to be net zero by 2050. Nestlé has been exploring solutions to reduce its carbon emissions in its transport and logistics network since 2017. Over the next two years, the remaining fleet of Nestlé-owned trucks at the end of their commercial life will be replaced with trucks using alternative fuels.

Waste Management Inc. (WM), the biggest landfill operator in North America, is tapping a growing thirst for fuel made from trash as the company said it would invest $825 million over the next four years to turn methane from garbage dumps into biomethane, a natural-gas substitute. WM said the funds will bring 17 new projects online across the U.S. and Canada by 2026, adding to the 16 it currently runs. WM’s network of RNG facilities, landfill gas-to-electricity plants, and other beneficial use projects are estimated to generate enough renewable energy to supply the equivalent of 1 million homes and help WM fuel its entire natural gas fleet with RNG by 2026.

For the latest articles on the RNG sector, click on the links below!

Apr 22-29, 2022

Wisconsin AD facility converted from power production to RNG

TC Energy, GreenGasUSA to develop RNG transportation hubs

Nestlé converts diesel truck fleet to bio-LNG

Waste Management to invest $825 million in RNG expansion

Greenlane Renewables
Email: IR@greenlanerenewables.com
Phone: 604.493.2004
Address: 110 - 3605 Gilmore Way, Burnaby BC V5G 4X5, Canada.