The Greenlane Digest

Welcome to our monthly recap, where we combine the latest in the RNG industry with exclusive Greenlane Renewables updates, as we collectively navigate the path to a more sustainable future.

Some great industry developments are at work as we continue to cover the RNG space!

Greenlane’s Latest News

Greenlane Renewables Announces First Quarter 2025 Financial Results

Vancouver, British Columbia, Canada – May 15, 2025 Greenlane today announced its financial results for the first quarter ended March 31, 2025. For further information on these results please see the Company’s Condensed Consolidated Interim Financial Statements and Management’s Discussion and Analysis filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. All amounts reported are in Canadian dollars and in accordance with International Financial Reporting Standards (“IFRS”) unless otherwise stated.

First Quarter Highlights Include:

• Revenue of $7.0 million;
• Gross profit of $2.6 million, Gross Margin¹ before amortization of $2.8 million (40% of revenue);
• Adjusted EBITDA² loss of $1.1 million;
• Net loss and comprehensive loss of $1.0 million;
• Sales Order Backlog³ of $21.2 million as at March 31, 2025; and
• Cash and cash equivalents of $16.2 million and no debt, other than payables, advance payment / performance bonding and standby letters of credit resulting from normal course operations, as at March 31, 2025

Click HERE to read the complete shareholders letter news release.

Greenlane Product News

On-demand webinar on how to boost biogas project ROI—now available!

We are pleased to offer the webinar, Boost Your Biogas Project ROI with Low-Cost and Reliable H2S Removal, on-demand, available to view at your convenience. This educational session was originally presented on February 6th to explore how low-cost and reliable H₂S removal can transform biogas production. Greenlane's experts Phil Taschereau and Sébastien Provent explored the risks and challenges associated with H₂S in biogas production and discussed the significant ROI and OPEX benefits of our regenerative Cascade H₂S product, designed specifically for biogas anaerobic digesters. Watch now by clicking HERE.

Industry News

RNG in North America Experiences Growth as BIOGAS AMERICAS 2025 Sets New Attendance and Exhibitor Records

The American Biogas Council reported that BIOGAS AMERICAS 2025, held April 28–30 in Denver, Colorado, broke previous records with over 2,000 attendees and 340 exhibitors across 100,000 square feet of exhibit space - a 30% increase compared to 2024. The event highlighted the rapid growth and innovation within the biogas and RNG industries across North America.

Biogas from organic waste can power and heat homes, fuel vehicles, or generate electricity, and organic fertilizer is a byproduct of biogas production which helps support soil health.

Read more

Brazil's New Biomethane Legislation Aims for Twenty-Fold Production Increase

Natural gas suppliers in Brazil must reduce up to 10% of all their greenhouse gas emissions after the approval of the Fuel for the Future law. Starting in 2026, at least 1% of carbon dioxide (CO₂) emissions from producers and importers must be abated using biomethane commercialization or credits. Regulators can revise the target annually, but no deadline has been set for reaching the 10% abatement goal.

Given the country's 2024 demand, meeting the 10% target would require 5.1 million cubic meters per day (MMcmd) of biomethane—around eight times the existing operational capacity of 0.61 MMcmd and twenty times the current average production of 0.25 MMcmd.

Read more

Washington governor signs laws regulating landfills, expanding organics service and more

Gov. Bob Ferguson signed five laws, including ones that affected renewable natural gas, PFAS in biosolids and plastic bags. One of the Bill, House Bill 1409, has some focus on RNG.

The law sets a more aggressive timeline than prior regulations on which fuel suppliers must reduce the carbon intensity of the fuels they supply. Suppliers must now reduce the intensity by 45% by 2038, compared with 2017 levels.  The change is seen as advantageous for the RNG industry and may see more RNG demand due to its low carbon intensity score as a result of the more stringent standard.

Read more

Biogas Market Awaits RFS Guidance; Plus RNG News from Waste Management, Viridi, Vision

The U.S. EPA is overdue to set new alternative fuel targets under the Renewable Fuel Standard. The market for transportation fuels made from biogas may be suffering as a result. EPA Administrator Lee Zeldin has set out a busy regulatory (or deregulatory) agenda over the first 100 days of President Donald Trump’s term, but one regulation he’s left untouched is the Renewable Fuel Standard. The regulation sets a certain amount of non-petroleum fuel credits that refiners and importers of petroleum-based fuels must acquire in a given year, which plays an important role in creating demand for the fuels.

The U.S. EPA initially set those levels, known as Renewable Volume Obligations, annually, but it chose to set the targets for three years in 2023. With those targets set to expire at the end of this year, many fuel producers are wondering how aggressive the Trump administration will be for the next round of RVOs.

Read more

New Poll Shows Broad Support for Federal Investments in U.S. Biogas Production

A new poll released today by the American Biogas Council (ABC) shows 3 out of 4 voters support increasing government investment for U.S. biogas production. Biogas is energy captured from organic materials like manure, food waste and wastewater solids as they break down. It can be used to power and heat homes, fuel vehicles, and generate electricity. In addition, the process produces nutrient-rich organic fertilizer that offers a sustainable alternative to chemical fertilizers.

According to the data, 74% of respondents support increasing U.S. government investment in domestic biogas production, and 77% support increasing U.S. biogas production.The data also show that 3 in 4 Americans support the use of  both energy tax credits (72%) and direct legislative funding to encourage and expand biogas production on farms across the country (79%).

Read more

RNG Growth in India as Maharashtra Approves Biogas Project in Mumbai

The Maharashtra state government has approved the transfer of 18 acres of land at Deonar from the Brihanmumbai Municipal Corporation (BMC) to Mahanagar Gas Ltd (MGL) to establish two compressed biogas plants with a combined capacity to process 1,000 tons of wet waste per day. The project will be executed in two phases and is part of the central government's Gobardhan scheme to promote urban biogas infrastructure. MGL anticipates annual revenues of approximately C$12 million from the sale of compressed biogas, which can also be used as auto fuel.

Read more

Thank you for your time and interest in Greenlane Renewables and have a great day!