EQTEC, Wood agree to develop SNG, hydrogen solutions
Under the agreement, the companies will target and pursue market opportunities for the collaborative development and deployment of clean, waste-to-synthetic natural gas (SNG) and waste-to-hydrogen solutions and delivery of related projects.
The agreement is aimed at expanding the availability and application of EQTEC’s Advanced Gasification Technology and synthesis gas production into new markets, combining it with Wood’s established VESTA methanation technology, engineering capabilities and capacity for scale.
The two firms anticipate joint development of new capabilities and solutions to lead innovations in the emerging market for renewable SNG and hydrogen and support the drive to net zero.
“The markets for SNG and hydrogen are maturing rapidly,” said Jeff Vander Linden, chief operating officer of EQTEC. “EQTEC’s unique capabilities in producing high-quality syngas have always positioned us well as a supplier of intermediate fuel for both applications.
“This collaboration agreement with Wood is an important start to our entry into these growth markets. Wood’s teams are among the very best at what they do, and we are excited to have the opportunity to work shoulder-to-shoulder with them to bring our waste-to-syngas capabilities to new solutions in more geographies.
“With Wood, we believe we will open new markets and add further credibility to our assertion that EQTEC advanced gasification has a clear place in the clear energy ecosystem of the present and future.”