Austria

Austria

EIB Grants €450 Million Loan for OMV Green Hydrogen Plant in Austria

The European Investment Bank has granted a €450 million loan to support the construction of OMV’s green hydrogen production plant in Bruck an der Lei…

Austria

Vienna Geothermal Test Exceeds Expectations, Could Heat 25,000 Homes

Wien Energie and OMV have reached a major milestone in their deep geothermal project in Aspern, bringing Vienna closer to year-round, climate-neutral heat gener…

Austria

Borealis Partners With Bluealp to Advance Chemical Recycling

Borealis Group, based in Vienna, Austria, has entered into a strategic partnership with BlueAlp, a chemical recycling technology provider headquartered in Eindh…

Electric Vehicles

Magna to Produce China’s GAC Electric Vehicles in Europe

China’s Guangzhou Automobile Group (GAC) has reached an agreement with Magna to produce its all-electric AION V model at a Magna manufacturing plant in Gr…

Green Hydrogen

OMV and Masdar Form JV for 140MW Green Hydrogen Plant in Austria

OMV and Masdar have signed a binding agreement to jointly develop and operate a 140MW green hydrogen plant in Bruck an der Leitha, Austria, which is set to beco…

Pumped Storage

Austria’s Verbund Suffers Months-Long Outage at Pumped-Storage Sites

Austrian power company Verbund (VERB.VI) announced on Thursday that its pumped storage hydroelectric plants at the Kaprun site, with a total capacity of 640 meg…

Germany

World’s Largest Heat Pump Being Built in Germany

Austrian construction company Strabag, through its environmental technology division Strabag Umwelttechnik, has been chosen by German utility firm MVV to build …

Austria

Austrian Bridge Project Complete

The construction of the new Aurach Bridge near the Regau junction in Upper Austria has been completed, marking the end of a project that spanned over three year…

Italy

Brenner Base Tunnel Breaks Through to Connect Austria and Italy

Construction of the first tunnel linking Austria and Italy under the Alps has achieved a major milestone, breaking through approximately 1.4 km beneath the Bren…

Poland

Strabag Wins €298M Contract to Modernise Polish Rail

Austria’s Strabag, through its Polish subsidiary, has secured a €298m contract from national railway operator PKP to carry out major works around Mak…

Austria

Limberg III Pumped Storage Power Plant Officially Opened in Austria

Austria’s newest pumped storage power plant, Limberg III, has officially opened in Kaprun following four years of construction. The inauguration took place in …

Austria

Borealis to Significantly Expand Polypropylene Compounding Capabilities in Austria

Borealis Group, headquartered in Vienna, Austria, has announced a significant investment at its production site in Schwechat, Austria. The company confirmed tha…

Oil Field

New Zealand Prolongs Oil Production Lifespan of OMV’s 16-Year-Old Field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has been granted a 10-year extension of its petroleum mining permit (PMP) 38160 for the Maari oil field, l…

Germany

STRABAG to Build Suedlink’s Transmission Line Section in Germany

Austrian construction firm STRABAG has been awarded a contract by TenneT TSO to carry out civil engineering works on a 68km stretch of the SuedLink direct-curre…

Austria

H2Future, One of the World’s Longest-Running Green-Hydrogen Projects, Will Be Further Expanded

voestalpine, a global steel and technology company based in Linz, Austria, and VERBUND, Austria’s largest electricity provider, are advancing their H2FUTU…