The Greenlane Digest

Welcome to our monthly recap, where we combine the latest in the RNG industry with exclusive Greenlane Renewables updates, as we collectively navigate the path to a more sustainable future.

Some great industry developments are at work as we continue to cover the RNG space!

Greenlane’s Latest News

Greenlane Renewables Extends $26.5 Million Credit Facility

Vancouver, British Columbia, Canada – July 4, 2024 Greenlane Renewables Inc. (“Greenlane” or the “Company”) (TSX: GRN / FSE: 52G) today announced that the Company has extended its $26.5 million standby letter of credit facility (the “Facility”) to April 30, 2025. The Facility is secured by a guarantee from Export Development Canada.

“This extension marks a significant milestone in supporting the Company's financial flexibility,” said Monty Balderston, CFO of Greenlane. The Facility supports the Company’s pursuit and fulfillment of larger projects and larger portfolios of projects in the global RNG market.

The complete news release HERE.

Greenlane’s Product Insights

Greenlane in action: featuring three leading upgrading technologies

Did you know that Greenlane is the only biogas upgrading company to offer multiple core technologies: water wash, pressure swing adsorption (PSA), and membrane separation? Our goal is to design and deliver solutions that provide the best technical fit and economic returns to the customer on every project. This means lowest upfront investment, lowest operating cost, and highest biomethane recovery (which translates into maximum RNG offtake revenue).

Click HERE to Learn more:

Industry News

Greenlane in Biogas World’s Safety issue:

We are excited to be featured in BiogasWorld's Magazine July's issue. July is Biogas Safety Month and this issue features industry members sharing resources, best practices and case studies to promote the safe and efficient operations of biogas sites. Read the article "Managing the Hazards of Hydrogen Sulphide in Biogas Facilities'' by Trenton Cloutier, Manager of Health and Safety North America, and Colin Blair, P.Eng., Manager, Product Engineering:

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Canada Proposes To Regulate Landfill Gas Emissions

The Canadian government on June 28th released proposed regulations to require landfills to control methane emissions and ensure landfill gas-recovery systems capture as much methane as possible. A public comment period is open through August 28th.

According to Environment and Climate Change Canada, the proposed regulations aim to reduce methane emissions from Canadian landfills by approximately 50% by 2030 when compared to a 2019 baseline.

Within the regulations, the government explains that the sale of low-carbon fuels and energy could help offset the cost of compliance. For example, landfills with sufficient methane generation to support a landfill gas utilization project may be able to generate revenue through the sale of low-carbon fuels, such as renewable natural gas (RNG) and electricity. These types of projects can also generate revenue through the sale of compliance credits under Canada’s Clean Fuel Regulations.

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Greenlane Celebrates Energy Independence Day

Global Energy Independence Day was July 10th; a timely reminder of our collective duty to foster a cleaner, sustainable, and more resilient world. This day symbolizes the shift from depleting fossil fuels towards embracing renewable energy sources. Greenlane stands at the forefront of the renewable natural gas (RNG) market, offering cutting-edge biogas upgrading systems. Our solutions empower waste producers, gas utilities, and project developers to unlock the potential of biogas, transforming it from a low-value product into a high-value, low-carbon, and carbon-negative resource.

FortisBC First Energy Utility in North America to Automatically Designate Renewable Natural Gas for customers

FortisBC Energy Inc. (FortisBC) gas customers will have one per cent of their gas automatically designated as Renewable Natural Gas1(RNG). FortisBC is the first energy utility in North America to automatically designate RNG for customers.

“It is clear that our province needs all available tools to address climate change and support an affordable energy transition towards lower emissions for residents, businesses and industry,” said Doug Slater, vice-president of Indigenous relations and regulatory affairs at FortisBC. “The gas system is undergoing a transition as we work to increase the supply of renewable and low-carbon gases, like RNG, to lower emissions and this new RNG blend offering will help us do that.”

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Audio File-Listen Up: Mingling molecules: RNG wins market share in heavy-duty trucking

Renewable natural gas (RNG) has been one of the fastest low-carbon fuels to reach commerciality in the United States because of its ability to leverage traditional gas infrastructure. RNG has also benefited from recent innovation in compressed natural gas (CNG) engines used in heavy duty trucking.

S&P Global experts Tom DiChristopher and Greg Genette join EnergyCents hosts Hill Vaden and Sam Humphreys to discuss RNG’s success as a drop-in fuel and how technological innovation and supportive policy are helping to decarbonize commercial transportation.

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Thank you for your time and interest in Greenlane Renewables and have a great day!