Greenlane Renewables Secures $2.5M RNG Equipment and Service Deal — Greenlane Renewables Inc.

Event summary

Greenlane Renewables secured $2.5M in equipment and service contracts from an existing U.S. RNG customer.
The deal includes the purchase of Greenlane's Cascade H₂S biogas desulfurization system and a service work order.
Cascade H₂S has over 350 units sold, with adoption expanding from Italy to North America.
The system offers a regenerative chemical process that reduces operating costs and improves uptime.
Elemental sulfur produced as a by-product can be reused as fertilizer.

The big picture

Greenlane Renewables is positioning itself as a leader in biogas desulfurization technology, with a focus on expanding its Cascade H₂S system in North America. The $2.5M deal underscores growing customer confidence in the product's ability to reduce operating costs and meet stringent RNG pipeline specifications. As the renewable natural gas market continues to grow, Greenlane's technology could play a crucial role in transforming biogas into high-value, low-carbon energy sources.

What we're watching

Market Expansion: Whether Greenlane can replicate Cascade H₂S's success in Italy within the North American RNG market.
Cost Efficiency: The pace at which existing RNG facilities adopt Cascade H₂S to reduce operating costs and improve uptime.
Recurring Revenue: How multi-year service agreements will support customers and generate recurring revenue for Greenlane.