Business
Update on Deeside Project and Anaergia Inc. Deal
Update on Deeside Project and Anaergia Inc. Deal.
About this update from Forgent Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4958Q\n EQTEC PLC\n 28 October 2021\n \n \n \n \n 28 October 2021\n \n \n \n \n \n EQTEC plc\n \n \n (\"EQTEC\", the \"Company\" or the \"Group\")\n \n \n \n \n \n Resolution to grant planning consent for gasification facility at Deeside Project\n \n \n and Collaboration Agreement with Anaergia Inc.\n \n \n \n \n \n EQTEC plc (AIM: EQT), a world-leading gasification solutions company building the future of a cleaner waste-to-energy industry, is pleased to announce that it has secured a resolution to grant planning consent for an advanced gasification facility deploying EQTEC technology at its Deeside Refuse Derived Fuel project (the \"Deeside RDF Project\") with partner, Logik Developments Limited, in Flintshire, Wales.\n \n \n \n \n \n Flintshire County Council's Planning Committee has resolved to grant planning permission for the proposed 9.9 MWe plant to enable a complete and local waste-to-energy solution, combining a 182,000 tonne waste reception plant along with anaerobic digestion (\"AD\") and EQTEC Advanced Gasification Technology. The planning authority's decision follows its prior approval of the site for the original plan of a recycling and AD facility. \n \n \n \n \n \n The additional Phase 2 permission creates an enhanced integrated waste-to-energy solution, one that is more environmentally friendly and economically efficient than legacy alternatives, in order to directly address the challenges of waste reduction and the need for clean energy, while also creating local jobs. The Project supports Flintshire County Council's ambitions to achieve Net Zero carbon emissions by 2030 and its overarching climate change agenda.\n \n \n \n \n \n Collaboration with Anaergia Inc.\n \n \n \n \n \n The Company can also announce that it has entered into a co-operation agreement, through\n \n Logik WTE Limited (the \"Project SPV\"), with Anaergia Inc. (\"Anaergia\") (together, \"the Parties\") to develop a proposal for the delivery of the multi-technology waste-to-energy project at Deeside\n \n . \n \n \n \n \n \n \n Under the agreement, Anaergia will develop the engineering design for both the waste processing facility and the AD plant. The processing facility will take the waste and produce the required standard of RDF fuel for EQTEC's Advanced G...