Our story
EQTEC technology at Movialsa, Ciudad Real, Spain
Decades of clean energy development
In the beginning, EQTEC Iberia started operations from Spain in 1997.
Led by our current CTO, the company brought together a number of innovative and influential energy engineering PhD professionals with many years’ combined experience in designing and building co-generation plants. EQTEC Iberia has since developed a research and development program in biomass and waste thermochemical gasification based on a bubbling fluidized bed gasifier.
In Ireland in 2008, under the name Kedco plc and later React Energy plc, a business started operating as a developer of renewable energy projects and listed on the Alternative Investment Market (AIM) of the London Stock Exchange.
A number of years later, React Energy plc saw the opportunity to marry its project development experience with the technology expertise of EQTEC Iberia. In December 2017, React completed a reverse takeover and acquired 100% of the share capital of EQTEC Iberia. The EQTEC plc of today was created.
In September 2019, David Palumbo joined as Chief Executive Officer, to work alongside Gerry Madden, the previous Finance Director and Yoel Alemán, Chief Technology Officer. A year later, Jeffrey Vander Linden was appointed as Chief Operating Officer, bringing extensive commercial, financial, operational and delivery excellence to the business. More recently, Nauman Babar was appointed as Chief Financial Officer.
EQTEC represents the culmination of decades of clean energy development and process design and engineering expertise brought together under one roof. From its roots in project development in Ireland and the engineering excellence in Spain, which created the proven and patented Advanced Gasification Technology, through our projects we are now playing a central role in delivering much needed infrastructure to solve two key decarbonisation challenges: reducing volumes of waste and producing clean forms of energy and biofuels.
Did you know?
The E stands for Energy, Q stands for Quality and TEC is short for Technology
It’s pronounced ‘E-Q-TEC’