September 3rd 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.
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!
Kinder Morgan, the Houston-based pipeline operator, closed its $310 million acquisition of Kinetrex Energy, a leading supplier of LNG in the Midwest and a rapidly growing player in producing and supplying RNG based in Indianapolis, IN. The deal follows the formation in March of Kinder Morgan’s Energy Transition Ventures group, which has been tasked with identifying commercial opportunities emerging from the low-carbon energy transition.
The International Finance Corporation (IFC), a member of the World Bank Group, is investing in a new project involving ethanol and biogas production in Brazil. The $70 million financing for Grupo Cocal (Cocal), an independent sugar and ethanol producer, will allow the company to expand its ethanol and biogas production. Cocal will produce biogas, biomethane, CO2, and electricity from vinasse and filter cake, which are by-products of the sugarcane milling process. The biogas will be upgraded for injection into the local gas grid and to displace diesel fuel in Cocal’s vehicle fleet.
In Colorado, the cities of Longmont and Boulder are utilizing RNG in their waste collection fleets. Both cities have completed projects at their Water Resource Recovery Facilities (WRRF) that produce clean RNG from biogas that is used in the cities’ CNG-powered fleets. In Longmont, 11 of the city’s diesel-powered trucks have been replaced with CNG trucks capable of burning RNG, with the remaining diesel fleet anticipated to be transitioned to CNG by 2024. In Boulder, RNG produced from the city’s WRRF is sold to the contracted waste hauler, with the capacity to fuel up to 38 trash haulers.
Petrobras Distribuidora S.A. signed a Cooperation Agreement with ZEG Biogas e Energia S.A. for the joint development of the biomethane market. The objective is to promote the growth of the biomethane market in Brazil, providing producers with technological solutions for the manufacture of biomethane from by-products that originate from the production of ethanol.
For the latest articles on the RNG sector, click on the links below!
Aug 27- Sep 3, 2021
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