~Greenlane purchase order reflects further
build out of RNG-producing facilities in Canada~
VANCOUVER, BC, Nov. 12,
2024 /CNW/ - Greenlane Renewables Inc.
("Greenlane") (TSX: GRN) (FSE: 52G) is pleased to
announce that it has secured a $6.5
million contract to provide a new system for upgrading
biogas produced at a landfill in Canada into pipeline-quality renewable natural
gas ("RNG"). The customer's name and further contract details have
not been disclosed at this time.
"We're seeing traction on the further build out of RNG-producing
facilities in Canada and the
acceleration of decarbonization through renewable energy
infrastructure," said Brad Douville,
CEO of Greenlane. "Beyond our commitment to decarbonization, we're
deeply committed to our customers' success and are set to begin
order fulfillment immediately."
Greenlane's biogas upgrading systems cleanse the impurities in
biogas and separate the carbon dioxide from the biomethane to
create a clean, high-purity low-carbon fuel: biomethane / RNG.
Greenlane is the only biogas upgrading company offering and
actively deploying multiple core technologies: water wash, pressure
swing adsorption (PSA), membrane separation, plus proprietary
desulfurization solutions.
Greenlane solutions are built around standard product platforms.
Once operational, Greenlane can provide aftercare service including
24/7 technical support and remote monitoring, as well as
maintenance and spare parts. For more information on Greenlane's
biogas upgrading solutions, click HERE.
About Greenlane Renewables
Greenlane is driving change: accelerating the energy transition
to a net-zero emissions economy. We are cleaning up two of the
largest and most difficult to decarbonize sectors of the global
energy system: the natural gas grid and commercial transportation.
As a pioneer and leading specialist in biogas upgrading, we have
been actively contributing to the decarbonization of our planet for
over 35 years. The systems we provide transform biogas generated
from organic waste into high-value grid-ready renewable natural gas
("RNG"). Our systems produce clean, low-carbon and carbon-negative
RNG from organic waste sources including agriculture (such as dairy
and hog manure), water resource recovery facilities, food waste,
landfills, and sugar mills. Greenlane is the only biogas upgrading
company offering and actively deploying the three main upgrading
technologies: waterwash, pressure swing adsorption, and membrane
separation, plus proprietary biogas desulfurization technology.
Greenlane has delivered over 145 biogas upgrading systems into 19
countries, including some of the largest RNG production facilities
in the world, and over 160 biogas desulfurization units. For
further information, please visit www.greenlanerenewables.com.
FORWARD LOOKING INFORMATION – This news release contains
"forward-looking information" within the meaning of applicable
securities laws. All statements contained herein that are not
historical in nature contain forward-looking information.
Forward-looking information can be identified by words or phrases
such as "may", "is expected", "likely", "should", "would", "plan",
"anticipate", "intend", "potential", "proposed", "estimate",
"believe" or the negative of these terms, or other similar words,
expressions and grammatical variations thereof, or statements that
certain events or conditions "can", "may" or "will" happen. In
particular, this news release contains forward looking information
relating to the progress of expanding RNG-producing facilities in
Canada, and the fact that order
fulfillment will commence immediately. The forward-looking
information contained herein is made as of the date of this press
release and is based on assumptions management believed to be
reasonable at the time such statements were made, including
management's perceptions of future growth and expected future
developments, as well as other considerations that are believed to
be appropriate in the circumstances. While management considers
these assumptions to be reasonable based on information currently
available to management, there is no assurance that such
expectations will prove to be correct. By their nature,
forward-looking information is subject to inherent risks and
uncertainties that may be general or specific and which give rise
to the possibility that expectations, forecasts, predictions,
projections or conclusions will not prove to be accurate, that
assumptions may not be correct and that objectives, strategic goals
and priorities will not be achieved. A variety of factors,
including known and unknown risks, many of which are beyond the
Company's control, could cause actual results to differ materially
from the forward-looking information in this press release.
Additional risk factors can also be found in the Company's
Management Discussion and Analysis, its Annual Information Form and
in its base shelf prospectus dated January
4, 2024, all of which have been filed under the Company's
SEDAR+ profile at www.sedarplus.com. Readers are cautioned not to
put undue reliance on forward-looking information. The Company
undertakes no obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, except as required by applicable law. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement.
SOURCE Greenlane Renewables Inc.
