- Business
- EQTEC plc is an Ireland-based technology company specializing in advanced gasification technology for the clean conversion of waste into sustainable energy and biofuels. The company designs, develops, and supplies modular and scalable syngas production plants with capacities ranging from 1 MW to 30 MW, capable of processing nearly 60 types of feedstock including municipal, agricultural, industrial, and forestry waste, biomass, and plastics. Its core products and services encompass proprietary gasification technology; engineering and design services including pre-FEED, FEED, final design and specification; commissioning and operations support; licensing and maintenance support; and integration with waste-to-energy infrastructure. EQTEC operates through two primary segments: Technology Sales, focusing on the sale of gasification technology and associated consultancy and engineering services, and Power Generation, which involves the development and operation of renewable energy plants generating electricity and heat from waste-derived syngas. The company serves utility, industrial, municipal, and waste management sectors across markets in Ireland, the United Kingdom, the European Union, and the United States. Founded in 1997 and headquartered in Cork, Ireland, EQTEC has evolved from its former identity as REACT Energy plc, rebranding in 2017.
Recent major developments include the extension of a strategic partnership with GRDF, the French natural gas distribution subsidiary of ENGIE, supported by additional private funding to accelerate advanced methanation projects in France, notably funding aimed at the Green Gas Provence project in Istres. This partnership reinforces EQTEC’s position in syngas and methanation technologies, with ongoing delivery of engineering services, system integration, and on-site technical assistance. The company continues to focus on refining its business model towards high-margin, intellectual property-rich services and strategic collaborations for commercial deployment despite challenging market conditions. Operationally, EQTEC emphasizes holistic waste-to-fuel process capabilities including real-time process control and syngas tuning for hydrogen, renewable natural gas, biofuels, and synthetic natural gas production, aligning its technology solutions with global net-zero and clean energy goals. EQTEC’s business model integrates technology licensing, engineering services, plant operation support, and lifecycle maintenance to optimize the performance and scalability of its gasification technology in varied applications and geographic regions.
This combination of proprietary technology, comprehensive service offerings, and strategic funding partnerships positions EQTEC as a notable player in the clean energy infrastructure sector aiming to transform waste management into sustainable energy solutions. The company trades on the AIM market under the ticker EQT.