HyOrc entered into a Binding Project Development and Technology Agreement with OnEnergy Group to advance a waste-to-methanol facility in Bulgaria using refuse-derived fuel. HyOrc will serve as the technology partner for the thermochemical conversion stage, providing the technical basis and process design for a plant targeting roughly 50,000 tonnes of RDF per year (about 150–155 tonnes per day over 330 days). The agreement includes technology exclusivity for the project, continuity of HyOrc’s technical role, confidentiality, and compensation terms if either party withdraws, and positions the partners to support a potential EU Innovation Fund submission.
Agreement details:
- Agreement type: Binding Project Development and Technology Agreement
- Counterparty: OnEnergy Group
- Signed / Effective: Mar 24 2026 / same
- Duration / Termination: At will
- Reason: Advance waste-to-methanol project in Bulgaria
Original SEC Filing: HyOrc Corp [ HYOR ] – 8-K – Mar. 24, 2026
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