Ireland/US: Eqtec to build biomass gasification plant

Ireland-based Eqtec said yesterday it had signed its first equipment purchase contract with Phoenix Energy covering the development of a California-based biomass gasification plant.

According to an emailed statement from Eqtec the deal for the plant will start generating revenue in the first of half of this year.

Eqtec, which is also listed on the London Stock Exchange, signed an memorandum of understanding with Phoenix last September. Back then it said the MoU covered two facilities with a capacities of 2MWe and 3MWe, which would cost about €10m to build.

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