RE: RNS13 Nov 2019 07:07
David Palumbo, CEO of EQTEC, commented:
"It is very encouraging to sign our first agreement for a commercial project in France, with a partner so embedded in the local community and so committed to developing energy transition infrastructure throughout the country. We have been in discussions with the Barthe family since the beginning of the year and we are delighted that the they have been strong advocates of our technology. In our view, France has always been a market where innovation and creative solutions in clean energy are given full support both from the public and private sectors. Our technology has been positively reviewed by French entities, such as the National Alliance for Coordination of Research for Energy (ANCRE), and has obtained endorsements from the team of academics running the Research Pilot Plant built by EQTEC in Lorraine University. We strongly believe that our potential market in France is only starting to open up and the Project, combined with our presence at Lorraine, can act as the foundation for growth and development in the region."