Frequently asked questions

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Business and strategy

Our mission is to help the world reduce waste and generate clean energy from it. You’ll find more information about our business by visiting our About page.

Our business strategy is built on three fundamental principles: 

1) that we are global leaders in Advanced Gasification Technology

2) that there is a growing demand for addressing local waste, creating localised, small- to medium-scale facilities, supporting local businesses and for producing environmentally friendly energy on a local, decentralised basis; and

3) that we consistently strong delivery of projects, commercial models and investment cases will command strong attention and respect in the waste-to-energy sector. 

EQTEC aims to be as famous for on-time, on-budget project delivery as it aims to be for its advanced gasification solutions. Although the waste-to-energy sector does not have a strong track record with disciplined, timely delivery, we aim to apply our ecosystem of strong partners and its own capabilities with planning, delivery governance and risk management to drive delivery in time with project business cases.

Our growing network of partners includes a range of EPCs, EPCMs, owners engineers, project managers and developers, as well as financial managers and representatives who support access to funding. Together building a delivery framework for repeatable, sustainable use on projects, EQTEC and its partners are building a model for continual delivery success.

We are also building links with local communities and their leaders and connecting with governmental and public-interest groups to support awareness and understanding of gasification and Cleantech, more broadly.

You’ll also find more information about our business by visiting our

About page.

We have not directly encountered true competitors, nor do we expect to do so until the market matures for cleantech, waste-to-energy technologies and businesses. Of the pipeline opportunities announced over the past year or more, none involves competition with other gasification businesses or alternative technologies: all represent genuine interest in EQTEC technology specifically. At this stage of market development, there is plenty of opportunity to pursue for us and for a range of other, scalable, sustainable technologies. Our pursuit of market share therefore is not about taking market share from other cleantech businesses, but about widening awareness that cleantech such as ours exists, clarifying its benefits over legacy alternatives and evidencing that it provides a sustainable way to manage waste and generate energy and biofuel now and in the future. We foresee greater collaboration with other cleantech businesses before we foresee stringent competition or industry consolidation.

We convert waste into energy in an environmentally friendly and sustainable way. Our emissions footprint is far friendlier to the environment than that of alternative waste management methods, including other gasification technologies. Read more about this in Technology & Services.

Our technologies handle a wide variety of waste feedstocks: plant and agriculture biomass (for 1 – 10 MWe plants); forestry wood biomass (for 2 – 5 MWe plants); and Municipal solid wastes (for 5 – 30 MWe plants).

The feedstock is transformed into a pure synthesis gas suitable for a wide range of energy applications: Green electricity; Heat or steam; Liquid biofuels; Bio-synthetic natural gas (Bio-SNG); Synthetic natural gas (SNG); Hydrogen; and/or Biochar.

Our advanced gasification technology is proven and patented for waste-to-energy projects and the we are increasingly confident that it has the potential to become the UK and global standard for waste-to-energy. We want to collaborate with and gradually reduce our collective reliance on increasingly less environmentally friendly waste elimination methods such as traditional incineration. Our model is to deliver locally based, locally focused, green energy infrastructure across the UK and Europe and around the world.

In Europe, we have solid foundations from which we are expanding, including one under construction in Greece, plus three projects in development in the UK and one in development in Greece and the recommissioning of plants with EQTEC advanced gasification inside, in Italy and Croatia. In the USA, we are pioneering advanced gasification in California and working toward new opportunities in California and beyond. In Asia, interest is strong, based on the strength of our technologies and the significant advantages our technologies have over alternatives in Asian markets, with multiple opportunities in South Korea, Japan, Indonesia and Malaysia.

Given the increasing market enthusiasm for our world leading gasification solutions for sustainable, waste-to-energy projects and given the size of our growing pipeline, 2021 is a year of opportunity as governments across the globe progress towards Net Zero and encourage green economic recovery.

Our single, greatest contribution to our mission is our synthesis gas (‘syngas’), produced to meet the most restrictive requirements. From a wide variety of waste feedstocks (we have tested over 50, from forestry, biomass and agricultural, industrial and municipal) the purity of the syngas makes it suitable for the widest range of applications, at scale.

Investor relations

The two largest investors in EQTEC are:

Altair Group Investment (19.1%)
Amati Global Investors: (5.45%)

Last updated 28 July 2021. For more information please visit

Investor Relations.

We currently have no plans to pay a dividend. Dividends are typically paid to shareholders once a business has established continuous cash flow based on consistent revenue and reasonable profitability. As a high growth business, we look in the near term to grow revenue, establish profitability and reinvest profits into further revenue growth which in turn should drive shareholder value through appreciation of the share price. When we believe greater shareholder value is achievable through dividends, we will consider issuing them.

As a public company we are not permitted to make forward-looking statements or provide financial information about future revenue or profit beyond the current year. As a discipline, we carry out long-term forecasting as part of our annual strategy and business planning activities, and as outlined in our Interim Report for 2021, we are forecasting growth.

Financial performance

Our 2020 annual report, published in April 2021, may be found here.

Our 2021 interim results, published in September 2021, may be found here.

Operational and technical

No. EQTEC plants typically deliverer an unlevered Internal Rate of Return (IRR) of 12-14%, which is higher than the average for utility wind or solar energy projects, which typically have a mid-to-high single-digit IRR.

Gasification has the lowest environmental impact of all energy-from-waste (EfW) technologies.

The process of gasification does not create many of the harmful emissions that other forms of waste to energy do, such as incineration. Gasification 1) cuts down on landfill 2) reduces Co2, methane, hydrofluorocarbons, tropospheric ozone and nitrous oxide emissions 3) is more efficient than other waste-to-value methods.

You’ll find case studies to help explain the applications from existing projects here.

Our detailed technology briefing paper contains more technical information here, including how clean, pure syngas is produced by taking raw syngas and applying hot or cold gas conditioning through the synthesis gas purification part of our process.

Our model is part of a diverse ecosystem, supporting a large-scale and reliable renewable energy sector. We contribute to solving the increasingly volumes of waste produced, as our process creates sustainable electricity, biofuels, hydrogen and more.

Once investment for a project has been secured, we work in close collaboration with the owners and operators of plants (these roles can be separate or combined), developers, Engineering Managers, Delivery Managers, contractors and sub-contractors, maintenance parties and other stakeholders, to deliver the end gasification plants and projects.

For more information about our Partners and how we work with them, visit EQTEC Partners.

We currently have patents granted for the technology and process parts of our sustainable waste-to-energy business.

We continually review both the scope and geographic applicability of all EQTEC IP and adjust accordingly. In addition, we are proud to possess a wide ranging level and breadth of proprietary know-how that drives our proven operational capabilities and excellence.

You can find out more about our technology in a briefing paper that contains more technical information here.

No. When we convert biomass, the materials are a waste material from agriculture or food production, for example, sugar cane bagasse, olive stones and pulp, almond and coconut shells and forestry waste (pre-existing dead, burnt or dying trees, or trees cleared as a result of appropriate forestry management.

Our history with gasification has resulted in six successful commercial and two R&D gasification plants – all between 1 MWe and 6 MWe in Spain, Italy, France Croatia and Bulgaria, with others underway in the USA, Greece and the UK. Our longest-running facility (in Spain) has already delivered in excess of 125,000 operational hours, without any unscheduled down-time.

To date, we have no live operational experience in the UK, however we currently have three proposed projects that are progressing in various stages with one, the first-ever RDF gasification installation in the UK, targeted for financial close in 2021.

To support our UK-focused efforts, we have a dedicated, UK & Ireland business development lead with a long career in development of energy-from-waste facilities in the United Kingdom. Additionally, we have a range of UK-based (and other) investors and funding sources arranged, along with development and delivery partners for success. You can read more about our case studies and upcoming projects here.