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Investors and technology providers 'hard to find'

An organics recycler has reported problems finding a technology provider to assist in constructing the firm’s first biomass facility - and says they are not alone.

Eco Sustainable Solutions has planning permission to build a 25,000 tonne per year biomass facility, which will burn wood waste to produce 2.5MW of electricity. Plans are to locate the plant adjacent to its current organics recycling site at Christchurch, Dorset.

Managing director Trelawney Dampney told MRW: “The big thing holding us back now is finding a partner to advise on the technology or investment for the plant. We are currently trawling the industry, trying to find the right contacts, such as venture capitalists, to help fund it.”

Dampney explained that he has received calls from up to four other companies in the same situation.

“It may be that an investor does not want to consider one standalone scheme, so there is the option to partner up with other companies to offer a series of facilities to fund,” he added.

Currently, ESS exports all the wood waste it receives to Sweden to be used as fuel in biomass facilities. Dampney said: “It doesn’t make sense to continue this practice in the long-term, so it seemed like a good investment to build our own plant.”

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