- Greenlane (GRN) subsidiary Greenlane Biogas North America has secured a $4.6 million contract
- The wholly-owned subsidiary will supply a biogas upgrading system for a dairy renewable natural gas (RNG) project in the western U.S.
- Greenlane Renewables’ pressure swing adsorption system transforms biogas from dairy cow manure into carbon-negative, pipeline-ready RNG
- Greenlane Renewables is a global provider of biogas upgrading systems
- Greenlane (GRN) is up by 5.88 per cent, trading at $0.54 per share
Greenlane (GRN) subsidiary Greenlane Biogas North America has secured a $4.6 million contract.
The wholly-owned subsidiary will supply a biogas upgrading system for a renewable natural gas (RNG) project in the western U.S.
Greenlane Renewables’ pressure swing adsorption system transforms biogas generated from the anaerobic digestion of dairy cow manure into carbon-negative, pipeline-ready RNG.
Management is focused on capitalizing on RNG’s growing mainstream adoption, as evidenced by Chevron’s recent acquisition of 55 compressed natural gas stations across the U.S.
“This new project win for Greenlane continues to highlight just how important dairy-derived RNG is, particularly for commercial transportation fuel providers,” said Brad Douville, CEO of Greenlane Renewables. “Dairy RNG is by far the lowest carbon-intensity fuel available today and remains a core and growing option for major fuel providers to decarbonize now.”
Greenlane Renewables is a global provider of biogas upgrading systems.
Greenlane (GRN) is up by 5.88 per cent, trading at $0.54 per share as of 10:19 am ET.