You have not yet added any article to your bookmarks!
Join 10k+ people to get notified about new posts, news and tips.
Do not worry we don't spam!
Post by : Badri Ariffin
Masdar, a global leader in clean energy, and Austria’s OMV have formalized a joint venture to develop a 140 MW green hydrogen electrolyser plant in Bruck an der Leitha, Austria. The project, among Europe’s largest, aims to produce renewable hydrogen to support decarbonisation in industrial sectors.
Construction started in September 2025, with operations expected to begin by 2027. The joint venture is structured with OMV holding the majority stake while Masdar owns 49 percent. The collaboration leverages OMV’s industrial and strategic experience and Masdar’s technical and financial expertise in renewable energy projects worldwide.
OMV will supply the renewable electricity required for hydrogen production and retain ownership of the output, expanding on its current 10 MW green hydrogen facility in Schwechat. The project also lays groundwork for future ventures, exploring sustainable aviation fuels, synthetic chemicals, and broader green hydrogen initiatives across Europe and the UAE.
The partnership reflects a growing focus on energy transition, aiming to provide scalable solutions for hard-to-abate industries while advancing Europe’s hydrogen economy. With the joint venture anticipated to finalize approvals and documentation by early 2026, the project signals a significant investment in Austria’s clean energy infrastructure and the wider European renewable sector.
Akshaye Khanna exits Drishyam 3; Jaideep Ahlawat steps in fast
Producer confirms Jaideep Ahlawat replaces Akshaye Khanna in Drishyam 3 after actor’s sudden exit ov
Kapil Sharma’s Kis Kisko Pyaar Karoon 2 to Re-release in January 2026
After limited screens affected its run, Kapil Sharma’s comedy film Kis Kisko Pyaar Karoon 2 will ret
Hrithik Roshan and Saba Azad Celebrate Christmas at Family Party
Hrithik Roshan and Saba Azad celebrated Christmas at Sussanne Khan’s party, sharing happy moments wi
China Sanctions 20 US Defense Firms Over Taiwan Arms Sales Dispute
China imposes sanctions on 20 US defense companies and 10 executives for supplying arms to Taiwan, e
Salman Khan’s Grand 60th Birthday Bash at Panvel Farmhouse Shines Bright
Salman Khan celebrates his 60th birthday with a grand party at Panvel farmhouse, sharing joyful mome
Thailand Defence Minister Joins Talks to End Deadly Border Clash
Thailand’s defence chief will join talks with Cambodia as border clashes stretch into a third week,