Green Equity - October 7, 2024
News about stocks involved in environmental markets.
Green Equity is a daily series dedicated to tracking emerging investment opportunities in environmental markets. Notable events include green investments, fundraising, M&A, and new public listings.
News From Public Companies
dynaCERT (DYA) has received final approval from Verra for its carbon credit methodology. The company’s technology was designed to reduce fuel consumption and carbon emissions in internal combustion engines (ICE). The Verra-approved methodology allows dynaCERT's clients to earn recurring carbon credits by using HydraGEN™.
Paragon RNG, a joint venture between GFL Environmental (GFL) and OPAL Fuels (OPAL), has started commercial operations at a new RNG facility at the Sampson County Landfill in North Carolina. The facility will produce and inject RNG into the pipeline, with a capacity of approximately 1.6 million MMbtu annually.
Greenlane Renewables (GRN) has announced the expansion of its biogas desulfurization equipment sales into South America, starting with a customer order in Brazil. This order adds to the company's eight units deployed in North America and over 160 sold globally, mainly in Europe. Greenlane's biogas desulfurization products utilize a regenerative chemical scrubbing process, which is efficient, cost-effective, and produces fertilizer as a by-product.
Price Targets & Reports
Oppenheimer has maintained its "Perform" rating on Plug Power (PLUG), noting that their recent agreement with Allied Green Ammonia strengthens Plug Power’s position in the green hydrogen industry.