Greenlane Announces Over $2 Million in Orders for Biogas Desulfurization Equipment
Greenlane Renewables Inc. ("Greenlane" or the "Company") (TSX: GRN) (FSE: 52G), a leading global provider of biogas desulfurization and upgrading systems, today announced that its wholly-owned subsidiary Airdep S.r.l. has received new purchase orders totalling over $2 million (€1.3M). The purchases were made by a repeat customer for the supply of multiple units of proprietary biogas desulfurization equipment to support the production of renewable natural gas ("RNG"). Order fulfillment is expected to commence immediately.
"Our aim at Greenlane is to make RNG projects more accessible and scalable by solving the industry's most challenging technology problems, one of which is biogas desulfurization," said Brad Douville, CEO of Greenlane. "All biogas projects require hydrogen sulfide ("H2S") removal and our biogas desulfurization product line has set the standard in Italy and is increasingly being adopted in global markets. According to the International Energy Agency, Italy is the fastest growing biomethane market in Europe. Our biogas desulfurization product line delivers a proven and reliable regenerative solution where the goal is high H2S removal performance at low cost."