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LAST 0.69
CHANGE -0.03

February 4th 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 announces closing of previously announced acquisition of Airdep S.R.L.

Greenlane announced that it has closed its acquisition of Airdep S.R.L.(“Airdep”), a provider of biogas desulfurization and air deodorization products based in Vicenza, Italy, previously announced on December 15, 2021. For the previous news release announcing the transaction, please click HERE.

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 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!

SoCalGas, the largest natural gas distributor in the U.S., is continuing to focus on growing the supply of RNG derived from landfills, dairies and wastewater treatment facilities to several areas in Central and Southern California. The company is aiming to exceed California state mandates to show a 20 percent reduction in fugitive methane emissions by 2025 and 40 percent by 2030. SoCalGas also aims to achieve net zero energy for 50 percent of its existing buildings by 2030 and transition its fleet to 100 percent zero emissions by 2035. To accelerate the transition of clean energy, the company has also pledged to deliver 20 percent RNG to its core customers by 2030.

Dutch brewery Grolsch is planning to produce biomethane from its wastewater treatment plant and install a biogas upgrading system that will produce over 1 million Nm3 of biomethane annually - equivalent to the gas needs of approximately 700 households. The company states that its CO2 emissions will decrease by over 85 percent as it moves toward its goal of becoming a carbon neutral brewer by 2025.

Global energy company TotalEnergies and Veolia Group, a French company focused on water and energy from waste, have signed an agreement to produce biomethane from Veolia waste and water treatment facilities operating in more than 15 countries. The partners will develop and co-invest in a portfolio of international projects, with the ambition to produce up to 1.5 terawatt-hours (TWh) of biomethane per year by 2025. This production of RNG made from organic waste will be equivalent to the average annual natural gas consumption of 500,000 residents and will avoid some 200,000 tons of CO2 per year. TotalEnergies will market the resulting biomethane as a renewable fuel for mobility or as a substitute for natural gas in other uses.

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

Jan 28 - Feb 4, 2022

SoCalGas Details Transition to Clean Energy in 2045 Sustainability Strategy

Dutch brewer Grolsch to produce biomethane

TotalEnergies and Veolia join forces to accelerate the development of biomethane

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