WtEnergy

What WtEnergy does

WtEnergy (legal entity Waste to Energy Advanced Solutions SL) is a Barcelona-based clean energy company founded in 2017 by Andrés Ponce that designs, builds, and sells modular gasification plants (5-50 MW capacity) for direct integration into industrial sites. Its proprietary CleanTech fluidized-bed gasification technology converts diverse waste streams — municipal waste, industrial residues, sludge, residual biomass, agricultural waste, and meat-and-bone meal — into renewable syngas, which it then routes through three product families (SynTH for steam/hot-air/thermal fluids, SynTK for cement-kiln fuel gas, and SynTX for hydrogen, methanol, and sustainable aviation fuel). The company has operationalized a flagship 18 MWth cogeneration reference plant in Lyss, Switzerland, and is deploying first-of-its-kind syngas-to-kiln technology at CEMEX's Alicante cement plant under a €4.4 million EU Innovation Fund grant.

The business model is primarily project-based EPC delivery of modular plants to industrial enterprise customers under multi-year technical and economical evaluations, supplemented by grant co-funding for demonstration projects. Commercial go-to-market is enterprise field sales with parallel event-driven demand generation across industry-specific conferences (CEMTECH, IFAT Munich, ASPAPEL, EFPRA, IBERQUIMIA). The company is exploring a managed-services expansion as an owner-operator of syngas/heat supply from its plants, which would shift economics from one-time license revenue (€7 million disclosed in 2024) toward recurring energy-supply income. Customer focus is concentrated on energy-intensive industries — cement, pulp and paper, rendering/animal processing, chemicals, ceramics, and food — with notable customer CIM/ECONOMY including CEMEX, GZM Extraktionswerk (Switzerland), and Luis Leal & Filhos (Portugal).

The capital structure reflects a Series-A-stage cleantech industrial with strategic/financial backing from Suma Capital (SC Net Zero Ventures), Shell Ventures, Cemex Ventures (since 2022), and COPISA, alongside €14.4 million of EU grant capital across Clyngas and HYIELD projects. Headcount stands at approximately 23 (predominantly engineers) across offices in Barcelona and London, and the company is actively executing European expansion and the formal transition from startup to growth-company structure.

Name

WtEnergy

Legal name

Waste to Energy Advanced Solutions SL

Website

https://wte-as.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

WtEnergy is a Barcelona-based clean energy company that designs and sells modular 5-50 MW gasification plants which convert industrial waste and biomass into renewable syngas, serving energy-intensive industrial sectors including cement, paper, rendering, chemicals, and ceramics across Europe.

Ownership category

akta.pro rank

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Modular Gasification Plant Sales: Sale and implementation of modular gasification plants (5-50 MW) to industrial customers. Revenue from EPC (Engineering, Procurement, Construction) contracts for plant installation. Plants convert customer's waste streams into Syngas for their own energy needs.
2. Project Development and Execution: Execution of project pipeline including design, construction, and commissioning of gasification facilities. Company revenue was €7 million in 2024.
3. Heat/Syngas Supply: Exploring becoming a supplier of heat or Syngas to other users through plants that the company owns - planned future business line expansion.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

WtEnergy designs, manufactures, and installs modular fluidized-bed gasification plants (5–50 MW) that convert non-recyclable industrial waste, biomass, sludge, agricultural residues, and meat and bone meal into synthesis gas (syngas). The syngas is delivered via three product families — SynTH for heat and steam, SynTK for cement kiln fuel substitution, and SynTX for hydrogen and synthetic fuels — and is sold directly to energy-intensive industrial customers under EPC and project-execution contracts.

Product overview

WtEnergy offers a modular portfolio of gasification-based solutions under the CleanTech umbrella. The core offerings include SynTH for thermal energy production, SynTK for cement kiln applications, and SynTX for hydrogen and synthetic fuels production. All solutions convert waste and biomass into renewable syngas, targeting energy-intensive industries such as cement, paper, rendering, chemicals, and ceramics. The company also developed the Clyngas technology specifically for cement applications, which received EU Innovation Fund support. Plants are modular in design, ranging from 5-50 MW capacity, designed for direct integration into existing industrial facilities.

Differentiator

Problem solved

Functional benefit

Brands

• SynTH (Syngas-to-Heat & Power): Production of steam, hot air, and other thermal fluids for industrial applications
• SynTK (Syngas-to-Kiln)
• SynTX (Syngas-to-X)

Products and services

• SynTH (Syngas-to-Heat & Power) Modular gasification-based solution for producing steam, hot air, and other thermal fluids from syngas, enabling industrial facilities to generate their own thermal energy and reduce fossil-fuel dependence.
• SynTK (Syngas-to-Kiln) Fuel-gas generation system for process kilns, allowing cement and other energy-intensive industries to replace natural gas with syngas produced from waste feedstocks; positioned as a world-first industrial-scale syngas-to-kiln gasifier for the cement industry.
• SynTX (Syngas-to-X) Production system for hydrogen, methanol, and sustainable aviation fuel (SAF) by converting syngas from waste gasification into high-value synthetic energy products.
• Clyngas Technology Proprietary waste-to-fuel process that converts industrial waste and byproducts into syngas for cement manufacturing, reducing the carbon footprint of cement operations.
• CleanTech Gasification Technology (Modular 5–50 MW Gasification Plants) Advanced fluidized-bed gasification technology with more than 10 years of successful commercial operation that transforms domestic waste, industrial waste, sludge, residual biomass, and agricultural waste into synthesis gas (syngas), delivered as modular 5–50 MW plants for direct integration into industrial facilities.

Quantifiable outcome

• 30,000 tons CO2/year reduction
• +5 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered flagship project, core technology partner and core project partner.

• HYIELD Consortium (16 partners)flagship projectStrategic or Co-development Partner · 18 January 202416-country consortium for €15.5 million HYIELD project co-funded by Horizon Europe Clean Hydrogen Partnership. Partners include: MAGTEL (coordinator), H2SITE, CEMEX, VEOLIA, ENAGAS, EURECAT, CETAQUA, Inveniam Group, CSIC, La Farga, MINCATEC ENERGY (France), SINTEF (Norway), ARISTENG (Luxembourg), ArcelorMittal (Germany), SYNHELION (Switzerland).
• H2SITEcore technology partnerTechnology or Integration · 18 January 2024Technology partner providing membrane separation reactor for the HYIELD project, combining WtEnergy's gasification with H2SITE's hydrogen separation technology.
• CALIQUA AG (Grupo ENGIE)core project partnerStrategic or Co-development Partner · 15 September 2019Swiss partner in the Lyss project, part of the ENGIE Group, collaborating on the largest gasification unit in the fat extraction sector.

Scale indicators13 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Enerkem: Canadian-based company that converts non-recyclable waste into syngas and renewable fuels via proprietary gasification technology. Direct peer given similar feedstock (municipal/industrial waste), syngas output, and target on fuels and chemicals.
• EQTEC plc: UK-listed advanced gasification company developing waste-to-energy plants that produce syngas for power, heat, and synthetic fuels. Closest European direct peer to WtEnergy's modular plant sales model.
• Sunfire: German company producing green hydrogen, e-fuels (SAF, methanol), and syngas using high-temperature electrolysis and co-electrolysis. Comparable to WtEnergy's SynTX pathway from syngas to hydrogen and synthetic fuels.

Broad incumbents

• Valmet: Finnish industrial process technology supplier with established biomass and waste gasification offerings, particularly for pulp and paper. Comparable in customer overlap and waste-to-energy technology, though much larger and broader.
• Metso: Global leader in sustainable processing and gasification technology for biomass, waste, and industrial byproducts. Comparable in gasification technology supply and industrial customer base, with significantly broader scope.
• Mitsubishi Heavy Industries: Japanese conglomerate with established waste-to-energy and gasification systems serving municipal and industrial customers globally. Comparable in providing waste gasification infrastructure at scale, though much broader portfolio.
• Veolia: Global environmental services and waste management major with energy-from-waste operations across Europe. Adjacent incumbent that could partner, compete, or acquire given shared customer base in industrial waste valorization.
• Suez: French environmental services major active in waste-to-energy, biomass, and circular economy solutions across Europe. Comparable in industrial waste valorization and is a HYIELD consortium partner, making it both adjacent incumbent and ecosystem collaborator.
• Thyssenkrupp (tkIS / uhde): German industrial group with Uhde engineering arm offering gasification and syngas processing technologies, including PRENFLO for waste-to-chemicals. Comparable in industrial-scale syngas plant engineering and EPC delivery.

Emerging players

• Synhelion: Swiss startup producing solar thermochemical syngas-to-SAF. HYIELD consortium partner alongside WtEnergy, with overlapping end-product focus on synthetic fuels from syngas. Comparable as emerging player in waste/biomass-to-SAF pathway.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/waste-to-energy-advanced-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WtEnergy