Greenlane Renewables, a subsidiary of Greenlane Biogas North America, has signed new supply contracts worth $20.6m for Greenlane’s Pressure Swing Adsorption (PSA) biogas upgrading system.
The first contract, worth $17.1m, is for the supply of biogas upgrading and related equipment for a multi-location dairy farm cluster located in California.
Greenlane’s biogas upgrading systems will create clean renewable natural gas for injection into the local gas distribution network owned and operated by Pacific Gas and Electric Company.
The second contract, worth $3.5m, is part of the same cluster, however, is subject to final financing approval.
Brad Douville, President and CEO of Greenlane, commented, “This is a major contract win for us, representing over 185% of 2019’s revenue, for a showcase project in the California dairy industry that will meaningfully contribute toward the state’s greenhouse gas reduction targets.”
“This is Greenlane’s fourth and largest project to-date to upgrade biogas to high quality renewable natural gas for injection into the California gas pipeline system.”
“We’re working with a high calibre team including a dynamic project developer and one of the largest and most experienced players in the renewable natural gas industry in the US.