TSX GRN
LAST 0.65
CHANGE -0.02
TSX GRN
LAST 0.65
CHANGE -0.02

September 16th Issue of Greenlane Digest

IN THE NEWS

Greenlane (TSX:GRN) is a pioneer in the rapidly emerging renewable natural gas (RNG) industry. 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. As a leading global provider of biogas upgrading systems, we are helping to clean up two of the largest and most difficult-to-decarbonize sectors of the global energy system: the natural gas grid and the commercial transportation sector.

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 over 30 years of 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!

The Logan City Council in south-east Queensland, Australia, has opened a $28 million (€18.9m) biosolids gasification facility, with backing from the Australian Renewable Energy Agency (ARENA), aiming to turn waste human sewage into renewable energy and a money-generating fertiliser and building product while taking a step towards its target of carbon emissions neutrality. ARENA said the Loganholme Wastewater Treatment Plant (LWWTP) will reduce carbon emissions by 6,000 tonnes and save the council $1m (€675k) per year. An end product, known as biochar, will create potential new revenue streams.

National Grid, an electricity, natural gas, and clean energy delivery company serving New York and Massachusetts, issued a request for information (RFI) in May 2022 to better understand RNG and hydrogen availability for its customers. In August, National Grid announced that through the RFI responses, it has located “robust stocks” of RNG and hydrogen potentially available for its customers in Massachusetts and New York. It determined there will be at least 33 trillion BTUs (TBtus) available in the next three years, more than double the 15 TBtus needed in 2025.

The US Department of Energy (DOE) announced $178 million for bioenergy research to advance sustainable technology breakthroughs that can improve public, health, help address climate change, improve food and agricultural production, and create more resilient supply chains. The funding intends to support cutting-edge biotechnology research and development of bioenergy crops, industrial microorganisms, and microbiomes.

Jim Beam announced it is aiming to produce more bourbon while cutting back on its greenhouse gas emissions. The company, which is owned by Japanese parent Suntory, said it would invest $400 million in renewable energy systems while boosting bourbon production at its largest Kentucky distillery. The Booker Noe distillery in Boston, Kentucky, will see capacity increase by 50% to meet growing demand with plans to reduce the distillery’s greenhouse gas emissions by the same percentage. The company added it will power the facility, located about 36 miles south of Louisville, with RNG. The project is expected to be completed by 2024. By then, the company said the Booker Noe distillery will be 65% powered by RNG, and 35% by fossil-based natural gas.

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

Sep 9-16, 2022

Council in Queensland, Australia opens $28M biogas facility

Gas utility inventory finds ample RNG and green hydrogen supplies

US Department of Energy announces $178M to advance bioenergy technology

Jim Beam invests $400M in renewable energy for bourbon production

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