Eqtec and Cobra sign strategic alliance
Waste gasification to energy specialist Eqtec has signed a strategic alliance agreement with Cobra Instalaciones Y Servicos, a company specialising in infrastructure projects.
The agreement aims to identify and then collaborate on waste-to-energy projects which will use Eqtec’s proprietary gasifier technology (EGT).
Under the terms of the agreement, Cobra will be the EPC (engineering, procurement and construction) contractor for the whole of any power plants in the project. It will exclusively use EGT for the gasification and gas cleaning processes.
The companies are currently in the process of identifying opportunities in the UK. Each new opportunity will be reviewed on a project by project basis to assess the best use of EGT for the project. These projects could include electricity generation, heat supply and/or combined cooling heat and power (CCHP).
Eqtec will provide the basic and detailed engineering and technical design for the EGT gasification package, performance warranties on generated gas, together with the equipment agreed, dependent on the particular project. If required, Cobra will also seek to attract external financing resources to develop and implement the projects.
Luis Sanchez, CEO of Eqtec, commented: “The agreement presents a perfect opportunity to combine our (Cobra and Eqtec’s) experiences and expertise to expand our reach, open new doors and bring further opportunities to utilise EQTEC Gasifier Technology around the globe and for large-scale projects of over 50 MWe output.”