January 22nd Issue of Greenlane Digest
IN THE NEWS
Greenlane (TSXV: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 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 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 delivered more than 110 biogas upgrading systems in 18 countries and counting. We’ve learned a lot along the way. First to market in 11 of the 18 countries where our systems operate, 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!
Water companies in the U.K. are joining forces to pledge a net-zero water supply to customers by 2030. Water UK, which represents all water firms in England, Wales, Scotland and Northern Ireland, launched the Net Zero 2030 Routemap last November, which is designed to provide water companies with a framework on which to build their own net-zero action plans. Since 2011, water companies in the U.K. have cut operational GHG emissions by almost 50 percent through a combination of renewable energy generation, energy efficiency measures, and the production of biomethane from sewage treatment processes.
Dominion Energy and Smithfield Foods announced the completion of their first RNG project in Utah. The project, located in Milford in the southwestern part of the state, is producing RNG from a network of 26 family farms under contract with Smithfield. The Dominion/Smithfield joint venture, announced in November 2018, is the largest venture of its kind in the United States, with plans to invest $500 million over the next 10 years to develop RNG projects across the country. Once the partnership's planned projects are complete, they will reduce annual greenhouse gas emissions from U.S. hog farms by 2.5 million metric tons, the same amount as taking 500,000 cars off the road or planting 40 million new trees each year.
The Integrated Biogas Alliance (IBA), in which Greenlane is a founding member, announced its first dairy biogas project in North America. The project, located near Boise, Idaho, will produce RNG from seven dairy farms and 16,500 head of cattle, and is the first phase of a much larger biogas facility planned that will generate over 1,200 MMBtu of RNG per day. For further clarification, the IBA issued a second news release noting that the IBA members and partner companies are excited to work towards completing the project, however, are not yet under contract for some of the services and equipment. Both news release links are included below.
For the latest articles on the RNG sector, click on the links below!
Jan 15-22, 2021
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