Greenlane Renewables Inc. (GRN)

Overview

Greenlane Renewables Inc. stands as a pivotal provider of biogas upgrading systems with a global reach, offering state-of-the-art solutions for converting raw biogas into biomethane, a clean and renewable energy source. The company’s innovative technologies are utilized to purify and upgrade biogas generated from various sources such as landfills, wastewater treatment plants, food waste facilities, and agricultural sites. Greenlane Renewables is instrumental in transforming this biogas for either injection into the natural gas grid or for direct use as vehicle fuel, showcasing a commitment to sustainable energy solutions. Originally established in 1986 and previously known as Creation Capital Corp., it rebranded to Greenlane Renewables Inc. in June 2019, marking a new chapter in its journey towards a more sustainable future. With headquarters located in Burnaby, Canada, Greenlane continues to expand its footprint worldwide, underpinning its vision with the experience and innovation that comes from decades of dedication to the green energy sector.

Products and Services

• Water Wash Technology - This technology is designed to effectively remove impurities from biogas, employing a process that washes the raw biogas with water. The soluble gases, like carbon dioxide and hydrogen sulfide, are absorbed by the water, resulting in a clean biomethane product. This method is celebrated for its simplicity and effectiveness, making it a popular choice for biogas upgrading.
• Pressure Swing Adsorption (PSA) - PSA technology is used to purify biogas by adsorbing the undesired components at high pressure and then releasing them at low pressure. This cyclic process allows for the separation of biomethane from contaminants such as carbon dioxide, nitrogen, or oxygen, leading to a high-purity biomethane suitable for various applications, including energy generation and vehicle fuel.
• Membrane Separation Technology - Utilizing semi-permeable membranes, this technology separates gases based on their molecular characteristics. When raw biogas is passed through these membranes, the smaller molecules like methane can pass through, whereas larger molecules such as carbon dioxide are retained, resulting in a stream of purified biomethane. Membrane separation is renowned for its efficiency and operational simplicity, offering an environmentally friendly upgrading solution.