EQTEC plc announced that it has signed its first equipment purchase contract with Phoenix Energy ("Phoenix"), in relation to the Company's first power plant in California, USA. The company previously announced on 24 September 2018 that it had signed a Memorandum of Understanding ("MOU") with Phoenix to supply its proprietary EQTEC Gasifier Technology ("EGT") for two power plants in California, USA, expected to be valued in the region of EUR10 million.