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July 7th Issue of 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!

Cocal started the construction of a new biogas plant in Paraguaçu Paulista, Brazil this month. The project will be an updated version with better efficiency gains, as compared to the plant located in Narandiba - the company's pioneer that began operations in early 2022. The expectation is that the second biogas plant will commence production in April 2025, with companies within the region acting as project partners. Biogas production will be 100% focused on biomethane.

NGVAmerica announced that over US$230 million has been awarded by the Biden administration to compressed natural gas (CNG) bus transit projects across the country. Another $44.4 million went to transit agencies where at least a portion will be spent on CNG buses and infrastructure. Funding natural gas transit maximizes the opportunity to deploy more transit buses thereby increasing ridership opportunities and accelerating the retirement of older more polluting buses. Natural gas buses offer the most cost-effective emission reduction investment; operators can affordably achieve carbon-negative transit now by refueling with RNG.

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

Jun 30-Jul 7, 2023

Cocal begins construction of new biogas plant in Brazil

Biden administration announces over US$230 Million in CNG transit investments

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