TSX GRN
LAST 1.57
CHANGE -0.05
TSX GRN
LAST 1.57
CHANGE -0.05

June 18th 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 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.

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!

Chevron U.S.A. announced the rebranding of the company’s first compressed natural gas (CNG) refueling station, located in Napa, California.  The global energy producer expects to rebrand or open more than 30 CNG sites by 2025, which underscores the company’s commitment to providing cleaner fuels to its customers, including the marketing of RNG for use in vehicles operating on CNG.

As pressure builds for commercial fleet operators to reduce emissions and carbon footprints, natural gas-powered trucks are generating more attention thanks largely to RNG, according to a recent article in Commercial Carrier Journal.  Based on data provided by the California Air Resources Board (CARB), RNG has the lowest carbon intensity score (CI) among all transportation fuels, including electricity.  Although RNG production facilities have doubled in recent years, there is still tremendous upside to expand production – only 15% of all U.S. landfills (300 out of 2,000) are currently capturing methane and upgrading into RNG.  Waste Management, one of the nation’s largest refuse hauling companies, has converted its entire fleet of garbage haulers on the West Coast to run on RNG, which is primarily sourced from the company’s landfills.

Florida’s largest natural gas distribution utility, Peoples Gas, has partnered with Alliance Dairies to bring RNG to Florida.  The utility, which serves about 425,000 customers, reached an agreement with the dairy to build, own and operate an RNG facility on the diary’s property in Trenton, Florida.  Alliance Dairy’s operations consist of approximately 6,500 head of dairy cows, and the facility is anticipated to produce 105,000 MMBtu of RNG annually, which is enough to serve 4,400 homes.  The clean RNG produced from the dairy farm waste will be directly injected into Florida’s natural gas pipeline system.

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

June 11-18, 2021

Chevron brands its first CNG retail site

Natural gas trucks enjoying 'great interest' thanks mostly to RNG surge

Florida utility Peoples Gas partnering with Alliance Dairies to bring RNG to Florida

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