December 24th 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 issued the following news release this week:
Greenlane announced that it has been awarded a $12.1 million contract by FortisBC Energy Inc. (“FortisBC”) for the supply of a biogas upgrading system for a new project at the Vancouver landfill in British Columbia, Canada. Order fulfillment is expected to commence immediately. Greenlane will supply its two-stage pressure swing adsorption (“PSA”) system to upgrade the landfill gas to clean, low carbon RNG for direct injection into FortisBC’s regional natural gas pipeline system. “Greenlane is proud to have been chosen by FortisBC as a key supplier in the City of Vancouver’s landfill gas-to-RNG project for the supply of our PSA biogas upgrading system,” commented Brad Douville, President and CEO of Greenlane.
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!
The Renewable Gas Trade Centre in Europe (REGATRACE) project has launched a digital network to track and exchange renewable gas certificates and boost biomethane trading across Europe. By providing certainty and information on where, when, and how the renewable gas is produced, renewable gas certificates provide confidence in the green gas sector; encourage gas producers to inject green gas into the grid and allow biomethane producers to sell gas to all EU Member States. The REGATRACE network is open to any organisations, institutions and authorities involved in the verification and documentation of renewable gases, as well as any associations, representing producers, traders and/or consumers of renewable gas certificates.
CNG Fuels has opened Scotland’s first public access biomethane refuelling station, in response to growing demand from major UK brands. Demand for renewable biomethane has increased by 1,000% in the last five years as brands urgently seek to reduce emissions in line with the UK’s net-zero goals. CNG Fuels said the trend is set to continue, with demand forecasted to increase five-fold in the next five years as the UK Government’s 2040 ban on the sale of new diesel HGVs approaches.
For the latest articles on the RNG sector, click on the links below!
Dec 17-24, 2021
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