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19 April 2021 | 08:38am StockMarketWire.com - Gasification technology solutions company Eqtec reported wider annual losses as higher costs offset a climb in revenue. For the year ended 31 December 2020, pre-tax losses widened to €5.8 million from €3.6 million year-on-year, while revenue rose to €2.2 million from €1.7 million. Looking ahead, the company said it would target closing several deals. We anticipated the closure of five to eight deals with EQTEC contract values totalling €20 to €40 million [.] and recover two plants built with core EQTEC technology where operations were suspended by their owner-operators due to lack of technical integration capabilities, the company said. The company would look to begin construction at the Billingham, UK plant, that will produce electricity and heat. ....
11 March 2021 | 08:46am StockMarketWire.com - Gasification technology solutions company Eqtec said it had signed a collaboration framework agreement with Toyota. The agreement would be in place through EQTEC s wholly owned subsidiary, Logik WTE, the existing project SPV for the Deeside refuse derived fuel (RDF) project in Flintshire, Wales. Through the Deeside RDF project, EQTEC and Toyota would collaborate to explore an sustainable waste-to-energy solution for the latter s engine manufacturing plant in Deeside. It is expected that the Deeside RDF project would transform municipal, commercial and industrial waste. At 8:46am: [LON:EQT] Eqtec Plc Ord Eur0.001 share price was 0p at 0.51p ....
26 February 2021 | 10:07am StockMarketWire.com - Gasification technology solutions company Eqtec said it had signed a conditional agreement to purchase the land on which the waste gasification and power plant at Haverton Hill UK, would be constructed for £8.6 million. The purchase was conditional on the development and financing of the project, as well as several other factors including securing offtake and feedstock contracts, and relevant planning and environmental permission for the project. The acquisition of the project site means we remain on track to deliver the UK s first sustainable waste-to-energy plant using EQTEC s leading advanced gasification technology and solutions, the company said. ....
8 January 2021 | 07:54am StockMarketWire.com - Gasification technology company Eqtec said it had together with its German EPC partner ewerGy signed a memorandum of understanding with Greece-based Nobilis Pro Energy, to develop the latter s existing pipeline of opportunities in Thessalia and Central Greece. Under the agreement, Eqtec would provide the design and core gasification technology and ewerGy will provide EPC services. |The companies also proposed to deliver further advanced gasification projects, starting with Nobilis Almyros plant. The collaboration would be underpinned by a joint venture between EQTEC and ewerGy, under which project SPVs would be established for each project opportunity taken forward by the parties. ....