TSX GRN
LAST 0.09
CHANGE 0.00
TSX GRN
LAST 0.09
CHANGE 0.00

October 28th 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 issued the following news release this week:

Greenlane named a 2022 EDC Export Star

Greenlane announced that it has been named as one of Export Development Canada’s (“EDC”) 2022 Export Stars. This award recognizes Canadian cleantech companies demonstrating innovation in their field, rapid export growth and an impactful contribution towards a more sustainable economy. "The Greenlane team is proud to have been chosen as an Export Star by EDC this year, which highlights not only our technical and business innovation, but also our unwavering commitment to helping our customers and partners across the globe move towards more sustainable operations and lower carbon intensities", said Brad Douville, Chief Executive Officer.

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 30 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 more than 135 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!

Commercial operations commenced at the first landfill RNG production facility in Minnesota. The Pine Bend RNG Project is located at a landfill owned by Republic Services and interconnected with a pipeline owned by Xcel Energy, the leading electric and gas utility in the region. The new, state-of-the-art RNG facility captures naturally occurring biogas from Pine Bend Landfill and transforms it into RNG. At full capacity, the facility is expected to process an estimated 3,350 SCFM of landfill gas resulting in the production of 6.3 million gasoline gallon equivalent (GGE) per year of RNG. The low-carbon gas is then injected into Xcel Energy’s gas pipeline. This RNG, when used as transportation fuel rather than diesel, will avoid GHG emissions equivalent to achieving zero Scope 1 and Scope 2 emissions from approximately 484 heavy-duty trucks per year.

Countries around the world are turning to biogas and biomethane to enhance their energy and food security and jump-start their circular economies. Titan, a Netherlands-based independent supplier of low- and zero-carbon fuels, recently announced that it will build and operate the world’s largest biomethane liquefied natural gas export plant at the Port of Amsterdam, which is slated to come on-line in 2025. Titan will source the biogas from BioValue, one of the largest biogas producers in the Netherlands, which is constructing a new biogas production plant adjacent to Titan’s export facility. This project comes on the heels of the European Commission’s announcement in May that it will ramp up the EU’s biogas production from 3bn cubic metres to 35bn cubic metres by 2030. The EU kicked off its biogas push earlier this month with the Biomethane Industrial Partnership, part of the REPowerEU plan launched in May as a strategy to end the EU’s dependence on Russian fossil fuels.

Martin-Brower of Canada, a logistics service provider for restaurant chains around the world, announced that it is operating its first truck for McDonald’s Canada food delivery services on 100 per cent RNG supplied by FortisBC. The first tractor is in operation, with an additional six scheduled to arrive later this year. The tractors are being tested in British Columbia to assess the feasibility of using them to deliver to McDonald’s Canada restaurants across Canada where possible. FortisBC says they will supply Martin Brower with up to 5,000 gigajoules of RNG over the next year, which can power seven tractors in service for McDonald’s Canada. All of these tractors will be fuelled with 100 per cent RNG to drive the vehicles.

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

Oct 21-28, 2022

Minnesota’s first landfill gas to RNG facility begins commercial operations

Biogas and biomethane could bolster the green circular economy

McDonald’s Canada testing RNG in its supply chain fleet

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