Eqtec partners with H2 Energy Solutions
The partnership aims for joint sourcing of project opportunities and collaborative development of projects.
Eqtec plc (technology innovation company) has entered into a Collaboration Framework Agreements (CFAs) with H2 Energy Solutions Ltd (a German hydrogen technology investment and project development company).
Both parties will collaborate to develop opportunities for the deployment of waste-to-hydrogen capabilities and other opportunities, particularly in Germany and Turkey.
The parties will focus their efforts on a select project portfolio in the two countries toward integrating Eqtec’s Advanced Gasification Technology for Combined Cooling Heat and Power and syngas-to-chemical (e.g., hydrogen, SNG) applications. The announcement comes as Eqtec pursues growing demand for a range of offtake applications based on its versatile synthesis gas (syngas).
David Palumbo, CEO of Eqtec, said, “I am eager to collaborate with H2 to expand the geographical reach and application breadth for our highly versatile, waste-to-syngas capabilities for hydrogen and beyond.”
Eqtec has also recently announced exploration of new offtake potential at its Billingham, Teesside project and at its Deeside, Flintshire project, with the latter, focused on feasibility for hydrogen production. In November, it signed an agreement with Wood to develop go-to-market technology solutions for synthetic natural gas (SNG) and hydrogen production.
Eqtec has also enhanced its existing FPA with MetalNRG plc, which was announced in March 2021 with its proposed acquisition of £500,000 worth of MetalNRG shares. In June 2021, Eqtec confirmed MetalNRG as a consortium partner with two other investors for repowering, owning and operating the Italia MDC biomass-to-energy plant in Tuscany, Italy.