January 17th Issue of Greenlane Digest
JANUARY 17, 2020
IN THE NEWS
Greenlane (TSXV: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 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 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 delivered more than 100+ biogas upgrading installations in 18 countries and counting. We’ve learned a lot along the way. First to market in 11 of the 18 countries where our systems operate, 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!
In the United States, a pair of new tax credits will help drive biogas project development, which marks a major step forward for the biogas industry as it has been at a significant disadvantage to the fossil fuel and other renewable energy (solar and wind) industries. The tax provisions will enable biogas to become more competitive for projects that produce renewable electricity and vehicle fuel.
The CEO of BlackRock, the world’s largest money manager, believes climate change and the intensifying crisis will bring about a fundamental reshaping of finance. Larry Fink believes companies, investors, and governments must prepare for a significant reallocation of capital, which he thinks will happen sooner than most people anticipate.
The largest RNG producer from dairy in the United States is expanding its California operations to ultimately capture methane produced from the manure of 75,000 cows. The Calgren facility currently collects methane from 66,000 cows and upgrades the biogas to RNG. At capacity, the expanded processing will equate to 130,000 tons of GHG emissions prevented from entering the atmosphere, or the equivalent of removing 25,000 cars from the highways.
For the latest articles on the RNG sector, click on the links below!
January 10-17, 2020
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