(Long version with more background information)
WegscheidEntrenco GmbH successfully launched
Bioenergie Wegscheid GmbH was merged with Entrenco GmbH this year with retroactive effect from January 1, 2023. It was then renamed WegscheidEntrenco GmbH, which got off to a very successful start in its
first financial year:

In the Japanese market, 22 systems supplied for the Kyūshū region are currently being commissioned. Inaddition, the company received a new order for 3 further units from Konoikegumi in October. These plants,25 in total, are turnkey container modules, each producing 50 kW of electricity and 120 kW of heat in combined heat and power (CHP) plants via wood gasification with wood pellets.
Another major order placed in the spring of this year, consisting of 6 modules and with a total generation
capacity of 900 kW electrical power, is currently being delivered to Japan after installation training andacceptance. This plant will be operated on the basis of wood chips and will be supplied to the customer
SymEnergy as a turnkey solution, including chipper, moving floor, dryers, sieves and complete conveyor
technology.
In addition, Japan Forest Power Inc. (JFP) recently concluded a distribution agreement withWegscheidEntrenco K.K. in Japan. JFP not only sells, installs and maintains WE's CHP plants, but also develops and produces its own wood pellet factories. Thus, Japan Forest Power Inc. can act as a full-service
provider for wood pellet biomass CHP plants in Japan. With the help of these plants, the Japanese market
will be supported in the further decentralization of the energy supply and in the conversion to renewableenergies.

There are good news from WegscheidEntrenco GmbH in other markets too: in the middle of the year, thecompany received its first order from its partner Wisewood in the USA for a wood power plant in California.
With this turnkey container solution providing 135 kW of electrical power based on wood chips,
WegscheidEntrenco is entering the US market for the first time and is gaining an important reference there.

In addition, an agreement was recently reached with the Corbat-Group, a major sawmill and pellet company, for the delivery of a plant in Switzerland, also based on woodchippings.

This has already increased incoming orders by more than 50% compared to last year (basis: both predecessor companies). Outlook: at least one further major order is expected in Europe this year and projects
are already under discussion with the Japanese partners and a number of other newly acquired partners
in other countries.

About WegscheidEntrenco GmbH:
WegscheidEntrenco is one of the leading companies in the construction of energy plants for wood gasification. We specialize in turnkey systems with combined heat and power plants (CHP) as well as the complete
installation technology in the B2B segment: Modules in a power range from 50 kWel. to 150 kWel. that canbe cascaded up to 2 MWel. These modules can be cascaded, with a total of more than 130 units installedworldwide. Wood pellets, wood chips and also briquettes based on biomass residues are used. The modular systems enable us to plan power plants in a flexible manner according to the availability of the local
wood supply and consumption.
With our teams of 70 employees, we provide customers all over the world with economically attractive andsustainable energy solutions based on renewable energy. In doing so, we make a valuable contribution tothe success of the energy revolution. As part of our dynamic growth, we are looking for qualified specialists
and managers at all our locations!

Contact person for queries:
Dirk Rosenstock
Interim Project Manager
Business Development & Sales
Mobile: +49 (0)172 733 5253
E-Mail: d.rosenstock.external@we-bioenergy.com