LONDON, UK: EQTEC Plc has signed agreement for a plant in California. The company will provide engineering services and equipment supply for a plant that will convert wood waste into syngas and electricity.
Phoenix is the project developer and partner. Phoenix is a renewable energy company that operates in areas where forest fires are a risk and where wood waste can be used as a resource.
The plant will produce 3.0 MWe electricity and 2,400 tonnes biochar. The plant will use EQTEC’s technology to generate clean energy and biochar from wood waste, reducing greenhouse gas emissions and enhancing soil quality.
The agreement is subject to funding and further work. EQTEC will start basic engineering work in early 2024 and invoice c. $330,000 for it.
The company and BMEC have also agreed a quotation for detailed engineering, equipment, construction and commissioning services for c. $10.3 million, pending funding and other conditions.
Jeff Vander Linden, Group COO, commented: “We are pleased to finally execute this contract with BMEC. The opportunity to support forest fire prevention in California through the application of EQTEC technology for clean, safe disposal of forestry waste has long been an ambition for us. The Project has secured credible funding from national and state funding sources as well as private lenders, so we feel this work can proceed successfully. Although the North Fork project has taken much longer than we have liked, it has also allowed us to learn and improve project execution. It is on this basis that we very much look forward to pressing ahead with our second project in California.”