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Greenlane Renewables Inc ( (TSE:GRN) ) has shared an update.
Greenlane Renewables’ customer Orizon Valorização de Resíduos has inaugurated a new biomethane plant at Ecoparque Jaboatão in Pernambuco, Brazil, featuring a complete biogas upgrading system supplied by Greenlane. The project uses biogas from municipal waste decomposition to produce biomethane that can flow through existing fossil gas distribution networks without modification.
The R$258 million facility can produce 110,000 m³ of biomethane per day, which will be injected into the Copergás pipeline system for residential and industrial consumption, positioning Orizon as a leading renewable fuel producer in Brazil. The project underscores Greenlane’s role in complex, large-scale biomethane infrastructure, linking waste management with decarbonization and providing a stable, non-seasonal source of low-carbon energy for industry, transport fleets and urban users.
The most recent analyst rating on (TSE:GRN) stock is a Hold with a C$0.21 price target. To see the full list of analyst forecasts on Greenlane Renewables Inc stock, see the TSE:GRN Stock Forecast page.
Spark’s Take on GRN Stock
According to Spark, TipRanks’ AI Analyst, GRN is a Neutral.
The score is held back primarily by uneven financial performance (volatile revenue, still-negative earnings overall, and cash flow reverting to burn) and weak valuation support (very high P/E). Offsetting factors include a relatively strong balance sheet and a constructive earnings-call outlook with improving profitability, margins, backlog growth, and solid liquidity; technical indicators are neutral-to-mildly positive.
To see Spark’s full report on GRN stock, click here.
More about Greenlane Renewables Inc
Greenlane Renewables Inc. is a provider of biogas upgrading systems that convert raw biogas from organic waste into biomethane, a renewable natural gas suitable for injection into existing gas infrastructure. The company focuses on enabling waste-to-energy and decarbonization projects globally, supporting customers in transportation, industrial and residential energy markets.
Average Trading Volume: 118,987
Technical Sentiment Signal: Buy
Current Market Cap: C$35.9M
Find detailed analytics on GRN stock on TipRanks’ Stock Analysis page.