Highlights/RNS due9 May 2019 13:51
Significant increase in the level of international interest in the Company's proprietary EQTEC Gasifier Technology ("EGT") from both existing and potential new customers, developers and engineering, procurement and construction ("EPC") contractors.
· Advanced talks with a major business group in Spain to develop projects in the industrial and agricultural waste sector in Spain.
· Advanced stage proposals for two refuse derived fuel ("RDF") projects in the UK, where EQTEC would provide EGT and could act as lead developer.
· Engineering design work for Phoenix Energy's first power plant delivered and invoiced. Commencement of construction expected to begin later this year upon final granting of permits
· Together with Phoenix Energy, EQTEC is exploring further project opportunities in the US biomass market and a commercial proposal for a third project has been presented to Phoenix Energy.
· Commercial proposal submitted to the owners of the Usk project to replace Brooke Energy as the developer of the project and for EQTEC to provide the technology and EPC services.