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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

Post by retiredcfon Mar 24, 2021 8:52am
218 Views
Post# 32865037

Renewable Energy in Canada

Renewable Energy in Canada

Canada’s biggest oil-producing province Alberta is expected to see the fastest growth in renewable energy capacity between 2018 and 2023, the Canada Energy Regulator forecast in a Tuesday report, as new wind and solar projects help replace coal-fired electricity.

By 2023, 26% of Alberta’s electricity capacity will come from renewable sources, up from 16% in 2017. The neighbouring prairie province of Saskatchewan will also see renewable energy capacity jump to 33% from 25% over the same period.

Both provinces are in the process of phasing out coal-fired electricity generation, and replacing it with natural gas, wind and solar power. Alberta will add nearly 2,000 megawatts of renewable power capacity between 2017 and 2023, while Saskatchewan will add 587 megawatts in that time.

The “Canada’s Renewable Power” report says the country’s total installed renewable capacity will hit 71% in 2023, or 106,027 megawatts, up from 67% in 2018. However the rate of growth will slow from 2.9% per year in 2010-2017, to 1.3% per year in 2018-2023.

“When people think about the Prairies, many of them think about fossil fuels. Interestingly, our projections show they are actually now leading the way in renewable energy growth, while national levels will slow in the next three years,” said Darren Christie, CER chief economist.

The vast majority of the country’s clean power comes from an extensive network of hydropower dams in British Columbia, Manitoba and Quebec. Canada generated 426,000 gigawatt hours of electricity from renewables in 2018, 66.2% of its total power.

Among the countries included in Organisation for Economic Co-operation and Development, Canada has the eight-largest share of renewables in its electricity mix, and is targeting net-zero greenhouse gas emissions by 2050.

Christie said much of the activity over the last decade had been driven by Ontario phasing out coal-fired power plants and building more renewables, and that growth was tapering off.

“There’s a bit of a passing of the baton from Ontario to Alberta and Saskatchewan,” he added.

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