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TSX GRN
LAST 1.57
CHANGE -0.05

October 1st 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 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 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!

Enbridge, Inc. and Vanguard Renewables announced a partnership whereby Enbridge will purchase upwards of 2 billion cubic feet of RNG annually from the anaerobic digesters that Vanguard Renewables will invest $200 million to build in the U.S. Northeast, Southeast, and Midwest. Enbridge will invest approximately $100 million in RNG upgrading equipment to convert the farm derived RNG into pipeline quality RNG and provide transportation and marketing services to market that gas to U.S. customers.

Shell Oil Products US, a subsidiary of Royal Dutch Shell, is now producing RNG at its first US biomethane facility – Shell New Energies Junction City in Oregon.  The facility utilizes locally sourced cow manure and excess agricultural residues to produce around 736,000 MMBtu a year of RNG. This milestone is part of a growing portfolio of developing RNG production and distribution assets supporting low-carbon intensity R-CNG as fuel for heavy-duty, on-road transport.  Shell is also developing additional RNG production facilities to be located directly within operating dairies. Shell Downstream Galloway at the High Plains Ponderosa Dairy in Kansas and Shell Downstream Bovarius at the Bettencourt Dairies in Idaho are part of this expanding portfolio using cow manure as feedstock. Together, these two facilities can produce approximately 900,000 MMBtu a year of negative carbon intensity RNG.

The Iowa Economic Development Authority (IEDA) and Iowa Finance Authority (IFA) have been exploring biogas potential in the state to fulfill their goal of broadening Iowa’s renewable energy base, creating new job opportunities, and diversifying farm markets by growing the RNG industry.  The IEDA partnered with Des Moines (IA)-based EcoEngineers, a renewable energy consulting and auditing firm, to research, write, and distribute the Iowa Anaerobic Digester Resource Guide, which provides an introduction to anaerobic digestion (AD), anaerobic digesters, and the knowledge necessary to develop a successful project. To assist financially, IFA’s Solid Waste Facility Revenue Bonds are designed to enable tax-exempt bonding for these types of projects.  An upcoming multi-farm AD installation is receiving funding through the program, according to IFA, and this financing option can cover design through construction, including digesters and related equipment, gathering pipelines and gas-upgrading equipment.

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

Sep 24-Oct 1, 2021

Enbridge and Vanguard Renewables announce 2 Bcf RNG partnership

Shell starts RNG production at Oregon facility

Resource guide, low interest bonds target AD-to-RNG projects

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