TSX GRN
LAST 0.085
CHANGE -0.01
TSX GRN
LAST 0.085
CHANGE -0.01

January 24th Issue of Greenlane Digest

JANUARY 24, 2020

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 100+ biogas upgrading installations 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.

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!

In Europe, Estonia’s second largest city has converted its entire public transportation system to run on RNG.  As of January 1, all 64 buses travelling the urban lines of Tartu are powered by biomethane, or RNG, which makes Tartu one of the few medium-sized towns in Europe where the bus network runs completely off renewable energy.

Three organizations in the European biogas and transport sector are urging the EU to expand the natural gas and renewable natural gas infrastructure across the EU to deliver fuel to the transportation industry.  The European Biogas Association, the Natural and Biogas Vehicle Association, and the European Automobile Manufacturers’ Association are joined in the belief that both natural gas and renewable natural gas (in compressed and liquefied forms) are relatively quick and current solutions for the transportation sector the help the EU reach its goal of achieving net-zero emissions by 2050.

And finally, from Davos, Switzerland, where the world’s business elite and political leaders have gathered for the World Economic Forum, the founder and chairman of the event has asked all attendees to make a commitment to act on climate change.  With the theme of the 2020 event titled “Stakeholders for a Cohesive and Sustainable World”, climate change is clearly a key topic at the gathering, and attendees have been asked to set a target, either within their business organizations or countries, of achieving net-zero GHG emissions by 2050. 

All positive for renewable energy players like Greenlane, which has a strong and growing presence in Europe.

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

January 17-24, 2020

Estonia's second largest city converts entire public transportation system to run on RNG

Biogas is a "concrete solution" for European transportation sector

Climate action a key theme at World Economic Forum in Davos

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