Greenlane Renewables Signs System Supply Contract with Grupo Cocal of Brazil
Greenlane Renewables Inc. (“Greenlane”) (TSXV: GRN / FSE: 52G) today announced that its wholly-owned subsidiary, Greenlane Biogas North America Ltd., has signed a $2.4 million (US$1.8 million) contract with Grupo Cocal (“Cocal”), a Brazilian sugar mill operator that refines sugar and produces ethanol biofuel from sugarcane. Greenlane will supply its Pressure Swing Adsorption (“PSA”) biogas upgrading system for this first-of-its-kind renewable natural gas (“RNG”) project.
The Greenlane supplied system will process and upgrade biogas created from the anaerobic decomposition of byproducts from Cocal’s sugar refining and ethanol production process into clean RNG. The RNG will be used, in part, to displace diesel fuel in Cocal’s commercial operations and vehicle fleet and provide a clean low-carbon supply of RNG for the local gas grid. This is expected to be the first commercial-scale pipeline injection RNG project in the Brazilian sugar cane industry.
By Business Wire