August 27th 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!
bp announced a 15-year agreement to purchase RNG from Clean Bay Renewables. The RNG will be processed from poultry litter – a mixture of manure, feathers, and bedding – and be sold as fuel for the U.S. transport sector. bp, one of the largest suppliers of RNG to the transportation sector in the U.S., will initially sell the fuel to its customers in California due to strong demand for RNG in the state due to its Low Carbon Fuel Standard.
Brightmark LLC and Chevron U.S.A. Inc. announced the second expansion of their previously announced joint venture, Brightmark RNG Holdings LLC, to own projects across the United States to produce and market dairy RNG. Additional equity investments by each company in the joint venture will fund construction of infrastructure and commercial operation of 10 dairy biomethane projects, including new sites in Iowa and Wisconsin and additional sites in Michigan and South Dakota. Chevron will purchase RNG produced from these projects and market the volumes for use in vehicles operating on compressed natural gas.
The Toronto Zoo announced that its ZooShare Biogas Project is now operational. The project, the first of its kind in Canada, provides an example of the circular economy in action. The facility converts 2,000 tonnes of zoo manure and 15,000 tonnes of food waste from supermarkets, restaurants, and other businesses around the Greater Toronto Area into enough biogas that can power 250 homes. The project will reduce GHG emissions by as much as 20,000 tonnes annually.
For the latest articles on the RNG sector, click on the links below!
Aug 20-27, 2021
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