EQTEC PLC. Stock Analysis EQT.L

EQTEC Plc engages in the provision of development, installation, and management of renewable energy and power plants through its Advanced Gasification Technology. The company is headquartered in Cork, Cork and currently employs 23 full-time employees. The company went IPO on 2008-10-20. The firm specializes in the clean conversion of waste into sustainable energy and fuels, such as hydrogen, biofuels, renewable natural gas, electrical power, and thermal energy. Its gasification platform converts a range of waste into synthesis gas (syngas), which is a low-carbon intermediate fuel. The company delivers proprietary syngas technology and engineering services to its clients. The firm designs, develops and supplies technology to syngas production plants in Europe and the United States of America, with equipment that is modular and scalable from over 1 megawatt (MW) to 30MW. Its solutions convert approximately 60 types of feedstocks, including biomass waste, industrial waste and municipal solid waste, with no hazardous or toxic emissions. The company operates through the Technology Sales segment, which is engaged in the sale of gasification technology and associated engineering and design services.