TSX-V GRN
LAST 1.21
CHANGE 0.07
TSX-V GRN
LAST 1.21
CHANGE 0.07

September 11th Issue of Greenlane Digest

IN THE NEWS

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.

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!

General Motors Canada announced the completion of a $28 million investment in a cogeneration project at its St. Catherines Propulsion plant that will reduce the operation’s GHG emissions and future energy costs, increasing the competitiveness of the plant.  The 6.4 megawatt project will use RNG produced from a local landfill and is part of the auto manufacturer’s commitment to power all of its global operations’ electricity needs with 100 percent renewable energy by 2040.

Another major freight carrier in the U.S. is adding RNG to its fuel mix, as Virginia-based Estes Express Lines will add 50 new RNG-fuelled trucks to its fleet.  The carrier will acquire the Class 8 trucks for its California fleet and expects to use around 2.8 million gallons of RNG over the life of the contract, which runs for seven years.

Smithfield Foods, one of the largest pork producers in the U.S. with more than 40 processing facilities across the country, announced its plan to become carbon negative in all company-owned operations.  A cornerstone program for the company in achieving that target is producing RNG from the hog manure on its farms, a process the company has been perfecting for years.  Smithfield currently has several operational RNG projects in North Carolina, Virginia and Missouri along with other states.

Although the trucking industry has taken a hit from the COVID-19 pandemic, the future for RNG within the sector continues to look promising.  Of the 175,000 trucks powered by CNG in the United States, an estimated 39% run on RNG as it continues to be a popular option for long-haul and local heavy fleets.  As trucking fleets move to reduce GHG emissions and battery-powered heavy trucks remain cost prohibitive for full-scale rollout, RNG stands out as the low-hanging fruit for a cleaner fuel option that can be used today.

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

Sep 4-11, 2020

GM powers Canadian facility with RNG

US freight carrier adds 50 RNG trucks to fleet

RNG to play a major role in Smithfield Foods' pledge to be carbon negative in 10 years

Trucking: clean fuels, heavy loads and prospects for cleaner fuels in freight fleets

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