The 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 35 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 over 140 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!

Nordic greentech company Biokraft has announced that its newly built liquefaction plant in Södertörn, Sweden, has delivered its first batch of Bio-liquefied natural gas (Bio-LNG). Consisting of 34 tonnes of Bio-LNG, the shipment will be used to fuel trucks and decarbonise long-haul transport in northern Europe. According to Biokraft, a container holds 17 tonnes of Bio-LNG – enough to fuel a fully loaded long-haul truck for around 50,000km. The company’s liquefaction unit takes biogas produced from organic waste to generate 220 GWh (gigawatt hours) of biomethane per year, making it the world’s largest such facility. Bio-LNG is essentially the liquefied form of biomethane. Once liquefied, biomethane may hold the potential to meet up to 3% of the total energy demand for shipping fuels in 2030 and up to 13% in 2050, according to SEA-LNG.

CIM Group has announced it has raised US$417 million (€384 million) from corporate and institutional investors to advance the growth of its renewable natural gas (RNG) platform, Terreva Renewables (Terreva). Terreva was founded with the acquisition of 100% of the RNG development platform of MAS CanAm LLC one year ago. The acquisition included a portfolio of five in-construction and two in-development projects. CIM Group said it is building on Terreva's recent successes, including several new RNG operations. In the past year Terreva has completed construction and is operating several RNG facilities, and is growing the company by tapping into North America's ever-increasing demand for RNG as a vital contributor to decarbonisation efforts across transportation, utility and industrial applications. In January, Terreva completed its first RNG facility in Appleton, Wisconsin, and has since commenced commercial operation on additional RNG facilities in Pennsylvania, Illinois, and Virginia. Each facility collects raw landfill methane gas and converts it into RNG to be used predominantly by large vehicle fleets running on compressed natural gas.

Canadian pipeline giant Enbridge Inc. and U.S.-based food waste management company Divert Inc. have broken ground on their first joint project to be built under the terms of a US$1 billion infrastructure agreement announced earlier this year. The joint project will be located in Washington State and will be the first-of-its-kind Integrated Diversion and Energy Facility, where 100,000 tons of wasted food will annually be converted by digesters into carbon-negative RNG. The proposed development stems from an alliance formed in March, when Enbridge acquired a 10% stake in Concord, MA-based Divert and the two announced a $1-billion infrastructure development agreement aimed at growing supply of RNG, lowering GHG emissions and helping solve the alarming, global issue of how society manages wasted food. The plant, located in Longview, is expected to be fully operational by the end of 2024, will employ up to 40 people, including plant managers, technicians and drivers. Customers will include food retailers, as well as industrial partners and manufacturers, among others. Importantly, the operation will be able to offset up to 23,000 metric tons of CO₂ a year at full processing capacity, the equivalent to removing 5,000 gas-powered cars from the road annually.

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

Sep 1-8, 2023

‘World’s largest’ biomethane liquefaction plant delivers first Bio-LNG

CIM Group’s RNG platform attracts US$417M investment

Enbridge, Divert break ground in Washington State to convert wasted food into RNG

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