Austria
Cepsa and GETEC sign green hydrogen agreement
Energy companies Cepsa and GETEC have reached a cooperation agreement by which, in 2026, Cepsa will supply green hydrogen and its derivatives to GETEC for use by its industry clients as part of their decarbonisation goals. The supply is expected to arrive at the Port of Rotterdam and from there deli
Masdar and Verbund ally on hydrogen production
Abu Dhabi-based clean energy company Masdar and Austria’s energy utility company Verbund have signed a Memorandum of Understanding (MoU) to explore the production of green hydrogen for the Central Europe market. As per the agreement, the two companies will cooperate on developing pathways to produce
ACWA Power and European electricity supplier shake hands on green hydrogen projects
Saudi developer of green hydrogen projects ACWA Power has finalised a partnership agreement with Austria’s electricity company Verbund to jointly explore the potential development of green hydrogen projects in the Middle East region. The companies signed a memorandum of understanding (MoU) during th
TECO 2030’s FCM400 development enters final stages
Norway’s cleantech company TECO 2030 has completed the selection of all major component suppliers and procured the necessary parts for the first fuel cell modules FCM400, bringing the modules’ development close to completion. The first units are now ready for assembly, with the project now shifting
ADNOC buying stake in Austrian oil and gas firm
Abu Dhabi National Oil Company (ADNOC) is acquiring a 24.9 per cent shareholding in Austrian oil and gas company OMV from Mubadala Investment Company. Österreichische Beteiligungs AG (ÖBAG), an Austrian independent holding company, holds 31.5 per cent, with the remaining share capital in free float.
TECO 2030 produces first fuel cell stack for heavy-duty and marine applications
Together with its partner, an independent company for development, simulation, and testing, AVL, Norway’s cleantech company TECO 2030 has completed production of the world’s first fuel cell stack developed and purposely designed for heavy-duty and marine applications. “It’s amazing to be able to phy
OMV sets up new corporate structure for sustainable growth
Austrian oil and gas company OMV has introduced its new corporate structure to deliver on ambitions to become a net-zero company, which will come into effect on 1 January 2023. According to OMV, the new structure is designed to fully enable the delivery of Strategy 2030 and drive its transition towa
ADNOC and OMV sign LNG supply deal for winter season 2023/2024
Austria’s integrated oil and gas company OMV and the Abu Dhabi National Oil Company (ADNOC) have signed a memorandum of understanding (MoU) to explore a new partnership in deliveries for liquefied natural gas (LNG). Under the MoU, OMV and ADNOC intend to explore a partnership in LNG supply to suppor
Innio, B.Grimm Power to explore LNG projects in Thailand
Austrian energy solutions company Innio and Bangkok-based power company B.Grimm Power have signed a deal to collaborate on building new LNG power plant projects in Th
Austria’s OMV stops pursuing investments in Russia due to Ukraine crisis
Austria’s oil and gas company OMV is also reevaluating its engagement in Russia following the attack on Ukraine.
Mission Innovation: Govts commit to accelerate innovation in clean energy technologies
22 Governments and the European Commission, collaborating through Mission Innovation, have announced four missions to catalyse investment and action to make the clean energy technologies that will decarbonise the most challenging sectors.
MAN Energy and ANDRITZ join in on green hydrogen production
German engine manufacturer MAN Energy Solutions and Austrian technology group ANDRITZ Hydro have agreed to cooperate on the production of green hydrogen from hydropower.