MET was founded in 2007 by the researchers and developers working on FP projects in the field of renewable energy, heat and storage systems and specialty chemicals for PV industry with the aim to develop and up-scale technologies for industry. Combined competencies of physicists, chemists and engineers employed by MET are resulting in novel pilot scale equipment designs. In 2013 the company was acknowledged by the EC as the most active hightech SME in FP7 in Lithuania.