October 29th 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 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!
Waste Management, one of the U.S.’s leading waste collection and disposal companies, is looking to build a new RNG facility somewhere in Pennsylvania as it further builds up its landfill-gas capability. RNG can come from a variety of sources, but one that has become particularly visible in recent months has been the gas collected from the methane stored and emitted from landfills. Waste Management has plans for 16 to 20 new RNG landfill facilities across the U.S.
Pima County, AZ has started turning the methane gas from a sewage treatment plant into home heating fuel, and money. The county invested $10 million to upgrade biogas generated at the Tres Rios Water Reclamation Facility and sell it to local natural gas utility Southwest Gas, generating enough RNG to supply 5,500 homes. The county anticipates a three-to-five-year payback period with the project expected to generate an annual revenue stream of $3 million.
British Columbia’s CleanBC Roadmap to 2030 reaffirms FortisBC’s gas system will continue to play a key role in the province’s decarbonization while accelerating the transition toward renewable energy, including RNG. Over the last few years, FortisBC has been successful in bringing on significant new volumes of RNG, expecting to triple its supply from the start of the year in 2021 and tripling it again by the end of 2022.
San Joaquin Renewables (SJR) has secured $165 million for its flagship RNG project, reaching an agreement with Cresta Fund Management and Silverpeak Energy Partners to invest the funds in developing and constructing a biomass RNG project near McFarland, California. The project will use orchard residuals and shells from San Joaquin Valley farms and convert them into RNG that will be sold as a transport fuel. Additionally, the project will sequester CO2 in an EPA Class VI sequestration well located on-site. Once complete, the RNG facility will replace the current practice of open burning agricultural waste with an enclosed system that will produce RNG and capture and store CO2.
For the latest articles on the RNG sector, click on the links below!
Oct 22-29, 2021
Address: 110 - 3605 Gilmore Way, Burnaby BC V5G 4X5, Canada.