John Cockerill and Air Liquide-backed Xylowatt has declared bankruptcy after failing to build a market for its biomass energy technology.
Xylowatt, a Belgium-based renewable energy technology developer backed by industrial gases producer Air Liquide and engineering firm John Cockerill, declared bankruptcy last month, L’Echo has reported. Founded in 2001, Xylowatt was looking to commercialise technology that converts wood chippings into biogas. It eventually completed its first industrial installation in 2017, building a two-story reactor for…
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