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Greenlane Update, May 2026

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 Signs Definitive Agreements with Panasonic as Cascade LF Production Partner in Brazil

~Partnership establishes local production facility to fulfill Brazilian demand for Greenlane’s next-generation landfill gas upgrading technology~

On May 11th, Greenlane announced it had signed definitive agreements with Panasonic do Brasil Limitada (“Panasonic”) to localize production of Greenlane’s proprietary next-generation Cascade LF landfill gas upgrading technology in Brazil.

Under the terms of the agreements, Greenlane and Panasonic will partner to establish volume production of Greenlane’s Cascade LF and Cascade MS proprietary standard product lines. Panasonic has been granted a technology license for fabricating the products in Brazil. Panasonic will produce the Greenlane branded product modules in its facilities in São José dos Campos in the Brazilian state of São Paulo, investing in facility modifications, tooling, and production equipment, while also providing the necessary working capital and advance payment assurances to meet customer requirements. Panasonic’s initial investments are expected to be in the range of 8 million to 10 million Brazilian Reais (C$2 million to C$3 million). Greenlane retains responsibility for product design, management of the supply chain including supplier selection and supplier quality assurance, marketing and sales, and commissioning and servicing of the products. The target is to be ready to ship the first system by the end of 2026. The partnership is expected to strengthen Greenlane’s competitive positioning in one of the world’s most dynamic biomethane markets and spur adoption of Greenlane’s new technology.

Click HERE to read the complete news release.

Greenlane Renewables Announces First Quarter 2026 Financial Results

~Company on track with its strategic plan with strong YoY growth in our most profitable business areas and progression toward start of production of our next generation Cascade LF landfill gas upgrading technology in Brazil~

On May 14th, Greenlane announced its financial results for the first quarter ended March 31, 2026. 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 $9.5 million;
  • Gross profit of $3.8 million, Gross Margin before amortization of $4.1 million (43% of revenue);
  • Adjusted EBITDA2 loss of $0.8 million;
  • Net loss and comprehensive loss of $2.1 million;
  • Sales Order Backlog3  of $31.5 million as at March 31, 2026;
  • Cash and cash equivalents of $13.5 million and no debt, other than payables and off balance sheet arrangements, as at March 31, 2026; and
  • Subsequent to quarter end, the Company announced the signing of definitive agreements with Panasonic do Brasil Limitada (“Panasonic”) to localize production of Greenlane’s proprietary next-generation Cascade LF landfill gas upgrading technology in Brazil. Panasonic’s initial investments are expected to be in the range of $2 million to $3 million (8 million to 10 million Brazilian Reais).

“We remain on track with execution of our strategic plan as demonstrated by this quarter's results,” said Brad Douville, CEO at Greenlane. “We continue to produce strong gross margin contributions from the most profitable areas of our business, namely our biogas desulfurization product line and parts and service. We continue to ramp down legacy low-margin upgrading system contracts to ramp back up centered on proprietary standard products to reconfigure our upgrading systems business for stronger profitability. Finally, we are advancing step-change profitable growth potential by completing final development and preparing for start of production by the end of 2026 of Cascade LF, our next generation landfill gas upgrading technology. As we push towards the start of production, in partnership with Panasonic, we are increasing our investment in research and development.”

Click HERE to read the complete news release.

Greenlane Completes Testing of its New Linear NRU Technology Demonstrating Methane Recovery Performance of up to 99.5% in the Removal of Nitrogen from Landfill Gas when Producing Renewable Natural Gas

~Linear NRU technology, at the heart of Greenlane’s next generation Cascade LF landfill gas upgrading system, demonstrates breakthrough methane recovery performance with low-cost architecture~

On May 19th, Greenlane announced that recently completed testing of its proprietary Linear Nitrogen Rejection Unit (NRU) technology has demonstrated breakthrough methane recovery performance of up to 99.5%. Greenlane’s Linear NRU technology, at the heart of its next generation Cascade LF landfill gas upgrading system, is engineered to efficiently remove nitrogen from landfill gas, producing pipeline quality renewable natural gas (“RNG”) while maximizing methane capture in a configurable low-cost system architecture.

Greenlane’s Linear NRU technology is based on equilibrium pressure swing adsorption (“PSA”) principles and removes nitrogen to the level required to meet RNG pipeline injection specifications in a simplified stepwise methane gas enrichment process using fewer and smaller adsorption beds than conventional equilibrium PSA technology. It also eliminates the internal gas recycling step, which is wasteful in terms of operating cost and methane recovery.  For landfill gas with higher nitrogen levels, Greenlane's modular design uses additional adsorption beds and compression in a staged configuration, maintaining the linear approach.

Click HERE to read the complete news release.

Greenlane Product News

conference image

The Greenlane team attended Biogas Americas in Detroit, MI on May 18-21. BIOGAS AMERICAS 2026 has set a new record for exhibit space, featuring more than 35,000 square feet of exhibitors and further solidifying its position as North America’s premier biogas and renewable natural gas (RNG) conference and tradeshow. The event has attracted approximately 2,000 industry participants from around the world to Detroit for four days of technical presentations, networking opportunities, and discussions focused on the latest innovations and technologies supporting continued growth across the biogas sector.

Here's the team in action at the booth.

Industry News

CIP

EIF commits EUR 200 million to Copenhagen Infrastructure Partners to scale European biogas production

The European Investment Fund (“EIF”) announced in May 2026 a EUR 200 million commitment to Copenhagen Infrastructure Partners’ (“CIP”) Advanced Bioenergy Fund II, one of Europe’s largest dedicated bioenergy investment vehicles. According to the announcement, the fund is focused on scaling biomethane and advanced bioenergy production across Europe to help advance the energy transition as well as energy security. Copenhagen Infrastructure Partners is one of the world’s largest fund managers dedicated to clean energy infrastructure.

The fund will invest primarily in the development, construction and operation of new industrial-scale biogas plants using anaerobic digestion technology. The projects will convert feedstock such as manure and other agricultural waste into biomethane that can help decarbonise sectors including industry and maritime transport. The strategy focuses mainly on greenfield projects in countries including Denmark, Ireland, Spain, Belgium, and Finland.

Read More

UNN

Ukraine plans to reach production of 150 million cubic meters of biomethane by the end of 2026 - Ministry of Economy

According to statements released in May 2026 by Ukraine’s Ministry of Economy, Environment and Agriculture of Ukraine, the country plans to reach approximately 150 million cubic metres of biomethane production by the end of the year. Officials highlighted that Export to the European Union is expected to be the main driver of market development. Ukraine’s agricultural sector and existing gas transportation infrastructure were identified as key competitive advantages supporting future growth in renewable gas production.

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Center for Methane research

U.S. RNG Outlook Highlights Maturing Renewable Gas Market

GTI Energy’s 2026 RNG Outlook report stated that RNG continues to be a core long term strategy to reduce emissions and a sustainability strategy adopted by natural gas companies and decarbonization focused industrial end users of natural gas. Current RNG production in the U.S. is primarily associated with agricultural manure and upgraded landfill gas. Based on estimated RNG growth potential, opportunities to expand RNG production are observed across all feedstock sources, especially agricultural manure.

According to the RNG Coalition, there are 153 RNG facilities under construction across the U.S. in 2025. While RNG can be a direct replacement of traditional natural gas, RNG is primarily considered as a blended component of delivered natural gas due to supply availability.

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Waste360

Which Industry Knowns Are Driving RNG Tailwinds and Future Outlook

A May 2026 article published by Waste360 noted that renewable natural gas development in North America continues to accelerate, with nearly 500 RNG facilities now operating across the United States and Canada compared to only 31 facilities in 2011. According to the article, Renewable natural gas (RNG) projects are coming online at a fast clip, with a rise in waste management operators and developers powering the tailwinds. This industry trend continues, despite regulatory and market uncertainties.

By the second quarter of 2025, 474 plants were up and running, up from 31 of them in 2011—landfill gas accounts for about 47 percent of what feeds these facilities.

Read More

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