FORM 6-K

                            UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON, D.C. 20549

                          -----------------

                     REPORT OF FOREIGN PRIVATE ISSUER
                   PURSUANT TO RULE 13a-16 or 15d-16 OF
                   THE SECURITIES EXCHANGE ACT OF 1934
                          FOR June 24, 2005

                  DYNAMOTIVE ENERGY SYSTEMS CORPORATION
          (Exact name of Registrant as specified in its charter)

                          -----------------


                     Suite 230-1700 West 75th Avenue
                              Vancouver, BC
                              Canada V6P 6G2
                              (604) 267-6000
                  (Address of principal executive offices)

                           -----------------

[Indicate by check mark whether the registrant files or will file annual
                reports under cover Form 20-F or Form 40-F:]

                       FORM 20-F  X    FORM 40-F
                                 ---             ---
[Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the
information to the Commission pursuant to rule 12g3-2(b) under the
Securities Exchange Act of 1934.]

                             YES         NO  X
                                 ---        ---

[If "Yes " is marked, indicate below the file number assigned to the
       registrant in connection with Rule 12g3-2(b):] Not applicable
















                                    FORM 27

                 MATERIAL CHANGE REPORT UNDER SECTION 85(1)
                  OF THE SECURITIES ACT (BRITISH COLUMBIA)


1.    Reporting Issuer
      ----------------

      DynaMotive Energy Systems Corporation
      230-1700 West 75th Avenue
      Vancouver, BC V6P 6G2

      Tel. (604) 267-6013

2.    Date of Material Change
      -----------------------

      June 23, 2005

3.    Press Release
      -------------

      June 23, 2005

4.    Summary of Material Change
      --------------------------

Vancouver, B.C. - DynaMotive Energy Systems Corporation (OTCBB:DYMTF)
announced today it has signed its first third party commercial plant license
agreement. The agreement, with Megacity Recycling, Inc., provides for a 200
tpd plant to be located in Ontario, Canada. This license follows the
completion of feasibility studies and the memorandum of understanding between
the Companies executed and announced in March of this year. The location for
the licensed plant will be announced after completion of the final evaluation
of two potential sites in Ontario by the parties in the near future.

The licensing of the first commercial plant by DynaMotive is another key
milestone in the Company's path to market; it was reached after more than two
years of development efforts and cooperation with Megacity Recycling.  During
the development stage, Megacity and DynaMotive reached an in-depth
understanding of the large market potential that could be realized through
the development of industrial fuels from biomass.

DynaMotive confirmed that the licence fee for the 200 tpd plant is based on a
capacity factor and further established future royalty fees based on
production and market value of output.  Market value is defined as the gross
revenues from commercial sales of BioOil, char or other by-products including
heat or power produced at the site using the application of DynaMotive's
technology.  The licensing agreement further envisages technical support
activities and access to plant upgrades and future products developed from
BioOil during the lifetime of the project.

DynaMotive and Megacity also confirmed that they are working on the
development of future biomass power and BioOil production projects and that
Megacity has acquired an option for a further 200 tonnes per day plant to be
developed in 2006.  The intent of the parties is to conduct a series of
project studies that will:

      - develop a portfolio of green energy projects;
      - evaluate opportunities for implementing fast pyrolysis BioOil plants;

      - investigate the potential for fast pyrolysis to provide green power
        generation and investment opportunities

5.    Full Description of Material Change
      -----------------------------------

      Please see attached press release

6.    Reliance on Section 85(2) of the Act
      ------------------------------------

      N/A

7.    Omitted Information
      -------------------

      N/A

8.    Senior Officers
      ---------------

      The following senior officer of the Issuer is knowledgeable about the
      material change and maybe contacted by the Commission at the address
      and telephone number below.

      Andrew Kingston
      President & CEO
      6876 Churchill Street
      Vancouver, BC V6P 5B3
      (604) 263-1731

9.    Statement of Senior Officer
      ---------------------------

      The foregoing accurately discloses the material change referred to
      herein.


DATED at Vancouver, B.C. as of the 23rd day of June 2005.


               DYNAMOTIVE ENERGY SYSTEMS CORPORATION


                    (signed)           "Andrew Kingston"
                                        Andrew Kingston
                                        President & CEO






























IT IS AN OFFENCE FOR A PERSON TO MAKE A STATEMENT IN A DOCUMENT REQUIRED TO
BE FILED OR FURNISHED UNDER THE APPLICABLE SECURITIES LEGISLATION THAT, AT
THE TIME AND IN THE LIGHT OF CIRCUMSTANCES UNDER WHICH IT IS MADE, IS A
MISREPRESENTATION.



























DYNAMOTIVE ENERGY SYSTEMS CORPORATION          News Release - June 23, 2005

            DynaMotive Achieves Another Commercial Milestone By
        Licensing a New 200 Tonnes Per Day Plant to Megacity Recycling

Vancouver, B.C. - DynaMotive Energy Systems Corporation (OTCBB:DYMTF)
announced today it has signed its first third party commercial plant license
agreement. The agreement, with Megacity Recycling, Inc., provides for a 200
tpd plant to be located in Ontario, Canada. This license follows the
completion of feasibility studies and the memorandum of understanding between
the Companies executed and announced in March of this year.  The location for
the licensed plant will be announced after completion of the final evaluation
of two potential sites in Ontario by the parties in the near future.

The licensing of the first commercial plant by DynaMotive is another key
milestone in the Company's path to market; it was reached after more than two
years of development efforts and cooperation with Megacity Recycling.  During
the development stage, Megacity and DynaMotive reached an in-depth
understanding of the large market potential that could be realized through
the development of industrial fuels from biomass.

DynaMotive confirmed that the licence fee for the 200 tpd plant is based on a
capacity factor and further established future royalty fees based on
production and market value of output.  Market value is defined as the gross
revenues from commercial sales of BioOil, char or other by-products including
heat or power produced at the site using the application of DynaMotive's
technology.  The licensing agreement further envisages technical support
activities and access to plant upgrades and future products developed from
BioOil during the lifetime of the project.

DynaMotive and Megacity also confirmed that they are working on the
development of future biomass power and BioOil production projects and that
Megacity has acquired an option for a further 200 tonnes per day plant to be
developed in 2006.  The intent of the parties is to conduct a series of
project studies that will:

      - develop a portfolio of green energy projects;
      - evaluate opportunities for implementing fast pyrolysis BioOil plants;
      - investigate the potential for fast pyrolysis to provide green power
        generation and investment opportunities

Dynamotive's technology has the support of Technology Partnership Canada, a
key instrument of Canada's Innovation Strategy. TPC makes strategic,
conditionally repayable investments in great Canadian ideas, which are the
currency for success in the 21st century. TPC's critical and timely
investments in research and development promote innovation,
commercialization, sustainable development and increased private sector
investment.

DynaMotive is an energy systems company focused on the development of
innovative energy solutions based on its patented fast pyrolysis system.
Through the application of fast pyrolysis, DynaMotive unlocks the natural
energy found in the world's abundant organic resources traditionally
discarded by the agricultural and forest industries.  DynaMotive's technology
economically converts biomass into a renewable, environmentally friendly
fuel. DynaMotive has successfully demonstrated conversion of these residues
into fuel known as BioOil, as well as char.

For more information on DynaMotive, please call:
Corporate Communications:
Tel: (604) 267-6000    Toll Free (in North America):  1-877-863-2268
Fax: (604) 267-6005
Email: investor@DynaMotive.com       Website: www.DynaMotive.com

Forward Looking Statement

Statements in this news release concerning the company's business outlook or
future economic performance; anticipated profitability, revenues, expenses,
or other financial items; and statements concerning assumptions made or
expectations as to any future events, conditions, performance or other
matters, are "forward-looking statements" as that term is defined under the
Federal Securities Laws.

Forward-looking statements are subject to risks, uncertainties and other
factors which could cause actual results to differ materially from those
stored in such statements.  Such risks, uncertainties and factors include,
but are not limited to, future capital needs, changes and delays in product
development plans and schedules, customer acceptance of new products, changes
in pricing or other actions by competitors, patents owned by the Company and
its competitors, and general economic conditions, as well as other risks
detailed in the Company's filings with the Securities and Exchange
Commission.