November 22nd Issue of Greenlane Digest
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!
Over the past week, we saw the largest global infrastructure investor, Macquarie, announce the acquisition of Biocow, a dairy biogas producer in the UK, and the U.S. House of Representatives introduce draft legislation for the GREEN Act, which will expand and create new renewable energy tax incentives, which will have a direct positive impact on the renewable natural gas industry.
Many regard Europe as leading the way with respect to addressing climate change and supporting alternative and renewable energy sources, and Navigant released an analysis of how the energy transition and decarbonisation of the EU energy system could significantly impact employment to the upside.
In Canada, the Ontario government is beginning consultations that will look at opportunities to enable biogas upgrading to produce renewable natural gas on-farm, ways to streamline approvals, and requirements for off-farm and agricultural feedstocks, through which it anticipates a potential 50% revenue increase for the sector over the next five years.
For the latest articles on the RNG sector, click on the links below!
November 15-22, 2019-