EQTEC

EQTEC plc is a technology company specializing in advanced gasification solutions for waste-to-value applications. The company's proprietary and patented Advanced Gasification Technology converts a wide range of waste feedstocks into syngas without combustion, offering a cleaner emissions profile compared to other approaches. EQTEC's technology can process approximately 50 different types of feedstock, including forestry, agricultural and industrial waste, as well as refuse-derived fuel (RDF) produced from municipal solid waste (MSW).

The company's gasification plants are designed and built by its engineering team to provide integrated solutions tailored to local feedstock, requirements, and offtake options. EQTEC's technology enables the production of various energy sources and biofuels, including electricity, heat, synthetic natural gas, and green hydrogen. The company has been operating commercial-scale plants since 2011, with its first plant commissioned that year.

In 2021, EQTEC reported a significant increase in revenue, reaching EUR 9.2 million, up from EUR 2.2 million in 2020. However, the company has been undergoing a strategic shift, moving away from high-risk legacy project development toward becoming a pure-play technology provider focused on pre-funded, risk-mitigated projects owned by credible infrastructure investors. This transition has impacted its financial performance in the short term, with revenue dropping to EUR 145,293 in the first half of 2023.

EQTEC continues to innovate and expand its intellectual property portfolio. The company maintains research and development partnerships with universities in France and Spain, where it operates pilot plants to test and analyze new feedstocks. EQTEC also operates a Market Development Centre in Gallina, Italy, which demonstrates its technology in a live, commercial environment by converting wood waste into electrical power for export to the national grid and producing biochar.