August 20th Issue of Greenlane Digest
IN THE NEWS
Greenlane (TSX:GRN) is a pioneer in the rapidly emerging renewable natural gas (RNG) market. 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.
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 30+ years’ 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 125 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 the largest RNG production facilities in North America and Europe, respectively.
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!
NGVAmerica, the national organization representing the natural gas in transportation industry, has pledged that by 2030, 80 percent of natural gas vehicle (NGV) on-road motor fuel in the United States will be derived from renewable sources, rising to 100 percent by 2050. Last year, RNG collected at local landfills, wastewater treatment plants, commercial food waste facilities, and agricultural digesters displaced conventional natural gas derived from fossil sources as the dominant on-road NGV fuel source nationwide, and the carbon intensity of RNG biofuel continues to drop.
RoadEX, a major California drayage company, is adding 16 new natural gas trucks to its fleet through Chevron and Clean Energy Fuels’ Adopt-A-Port program. The trucks will run on RNG and RoadEX has committed to approximately 960,000 gallons of RNG through the length of the contract term. Earlier this year in May, Chevron invested an additional $20 million in Clean Energy’s Adopt-A-Port initiative and has now invested a total of $28 million in the initiative, which provides truck operators – large fleets and owner-operators – serving the ports of Los Angeles and Long Beach, with cleaner, carbon-negative RNG to reduce emissions.
FortisBC is celebrating a significant milestone in climate action in British Columbia – the 10th anniversary of its RNG program. FortisBC was the first utility in North America to offer RNG to its customers and the demand for RNG has grown substantially over the last decade. Over the last year and a half, the organization has been focused on growing RNG supply and moving forward with several projects and agreements to meet the growing demand for renewable energy.
For the latest articles on the RNG sector, click on the links below!
Aug 13-20, 2021
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