Greenlane obtains $7.9M in orders from repeat customers

Executive Summary

• Greenlane Renewables Inc.'s subsidiary, Airdep Srl, secured $7.9 million (4.9 million euros) in new purchase orders during the third quarter for proprietary biogas desulphurization equipment.
• The orders were placed by three repeat customers and are intended to support the production of renewable natural gas (RNG), also known as biomethane.
• CEO Brad Douville highlighted strong market adoption, noting that the company's technology is expanding from Italy into Europe and the Americas.

Key Details

• Total Order Value: $7.9 million (4.9 million euros).
• Timeframe: Third quarter.
• Customer Base: Three repeat customers.
• Product: Proprietary biogas desulphurization equipment (Airdep DBC series, branded as Greenlane Cascade H2S in the Americas).
• Application: Production of renewable natural gas (RNG)/biomethane.
• Technology Features:
  • Regenerative biogas desulphurization solution.
  • High performance at low cost.
  • Fast startup; does not rely on sensitive biological processes.
  • Does not require the addition of oxygen to the treated gas (avoiding compliance issues associated with biological scrubbers or direct injection).
• Market Expansion: Adoption began in Italy (Europe's fastest-growing biomethane market) and is expanding across Europe and into the Americas.
• Company Track Record: Over 35 years of experience, with more than 355 systems supplied into 28 countries.

Notable Quotes

• "These recent purchase orders from repeat customers demonstrate the strong market adoption of our biogas desulphurization product line," said Brad Douville, chief executive officer of Greenlane.
• "Our solution is setting the standard for dependable, cost-effective hydrogen sulphide (H2S) removal. Adoption began in Italy, Europe's fastest-growing biomethane market, and is now expanding across Europe and into the Americas, reflecting the confidence customers place in our technology."