The European Investment Bank (EIB) has approved a €450 million loan to OMV for the construction of a green hydrogen production project in Bruck an der Leitha, Austria. The funding by EIB represents around three-quarters […]
Lhyfe has partnered with BMW Group to supply green hydrogen to BMW’s Steyr facility in Austria. BMW’s third-generation hydrogen propulsion system for the future BMW X5 will be produced in Steyr from 2028. The green […]
OMV and Austria Wirtschaftsservice GmbH have entered into a funding agreement to support the construction of a green hydrogen plant in Bruck an der Leitha, Lower Austria. The agreement provides production funding of up to […]
OMV and Masdar have entered into a binding agreement to form a joint venture (JV) company for the financing, development, and operation of a 140 MW green hydrogen electrolyser facility in Bruck an der Leitha, […]
OMV has inaugurated the ReOil and electrolyser facilities at the Schwechat refinery near Vienna. ReOil is a chemical recycling plant that converts hard-to-recycle plastics into virgin-quality products. The new 10 MW electrolyser facility has a […]
Austria’s first green hydrogen production site has commenced operations in Styria, marking the beginning of a comprehensive plan to expand the electrolysis capacity in the mountainous province to over 150 MW in an initial push. […]
ACWA Power, a prominent Saudi developer has signed a partnership agreement with VERBUND, Austria’s top electricity utility, to jointly explore the potential development of green hydrogen projects in the Middle East region to produce hydrogen […]
A global shift towards renewable energy has been observed in the past few years. In addition to the wide-scale adoption of the existing renewable energy technologies, countries across the world have been focusing on developing […]
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