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Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.


TSX:GRN - Post by User

Comment by bmbruceon Feb 18, 2021 8:12am
326 Views
Post# 32593560

RE:NEWS: Greenlane signs contracts

RE:NEWS: Greenlane signs contractsVancouver, British Columbia, Canada February 18, 2021 Greenlane Renewables Inc. (Greenlane) (TSX: GRN / FSE: 52G) today announced that its wholly-owned subsidiary, Greenlane Biogas North America Ltd., has signed two contracts together worth $3.6 million (US$2.8 million) for new renewable natural gas (RNG) projects. The first contract involves a project in the Midwest United States for upgrading biogas to RNG from dairy operations. The Brazilian contract win marks the fifth contract for Greenlane for the supply of biogas upgrading equipment in the country. For competitive reasons, further contract details have not been disclosed at this time. The transition to renewable natural gas as an essential solution to decarbonize transportation and the natural gas grid continues to build momentum, said Brad Douville, President & CEO of Greenlane. Were seeing new opportunities progress through our sales pipeline at an increased pace and were seeing results from the investments we made in product development, marketing and sales over the last 12 to 18 months. These two new contract wins demonstrate continued success in sectors where we see additional upside potential and a unique position in the market for Greenlane.
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