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DevvStream Enters Biogas Market via Partnership with Methane Renewable Energy Leader
DevvStream (NASDAQ: DEVS) has announced a partnership with Strategic Environmental & Energy Resources (SEER) to enter the biogas market, estimated at $10 billion in the US and projected to reach $15 billion by 2030. The Carbon Management Program will focus on biogas capture, fugitive emissions mitigation, and carbon sequestrationthrough biochar production.
The program leverages SEER's 150+ existing biogas installations across North America, serving major utility companies, food processors, brewers, and agriculture firms. SEER's subsidiary MV Technologies deploys two key technologies: the V3RU for oil field vapor recovery and a proprietary biogas conditioning system. The partnership extends to projects in Saudi Arabia, including the Green Riyadh project and collaboration with Eco Tadweer. Revenue generation is expected to begin in 2025 through biochar and technology-based carbon credits, with DevvStream retaining a portion of credit sales revenue.
The program leverages SEER's 150+ existing biogas installations across North America, serving major utility companies, food processors, brewers, and agriculture firms. SEER's subsidiary MV Technologies deploys two key technologies: the V3RU for oil field vapor recovery and a proprietary biogas conditioning system. The partnership extends to projects in Saudi Arabia, including the Green Riyadh project and collaboration with Eco Tadweer. Revenue generation is expected to begin in 2025 through biochar and technology-based carbon credits, with DevvStream retaining a portion of credit sales revenue.
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